Stock of the day: Workday
10 December 2025
In today’s stock of the day, let’s look at Workday, where the weekly chart shows a long-term consolidation phase that has been in place since late 2023. This prolonged sideways trend isn’t the most attractive environment for trend traders, as momentum remains muted and directional conviction is lacking. However, the structure of this consolidation is becoming increasingly important — the price action is forming a large symmetric triangle, which typically precedes a significant breakout once the pattern matures.
Most recently, Workday tested the lower boundary of the triangle, and that test resulted in a respectable bounce. This suggests buyers are still defending long-term support levels, keeping the broader structure intact. If momentum continues, the next logical step is a move toward the upper boundary of the formation, where a decisive test could take place.
A breakout from this symmetric triangle is unlikely to occur immediately — the pattern appears on track to resolve sometime in 2026. When it happens, the direction of that breakout will likely dictate Workday’s next major trend. Traders should monitor the triangle carefully because the eventual break — whether to the upside or downside — will offer a clear, high-quality long-term signal.