Pre-Market Technical Scan on Application Software Equities -- CD

Pre-Market Technical Scan on Application Software Equities -- CDK Global, Workday, Red Hat, and Oracle

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SOURCE Wall St. Equities

NEW YORK, Dec. 29, 2017 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on CDK, WDAY, RHT, and ORCL which can be accessed for free by signing up to www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com observes the following stocks: CDK Global Inc. (NASDAQ: CDK), Workday Inc. (NASDAQ: WDAY), Red Hat Inc. (NYSE: RHT), and Oracle Corp. (NYSE: ORCL). These companies are part of the Application Software industry, which creates, licenses, and sells software for a variety of uses, including personal and enterprise use. All you have to do is sign up today for this free limited time offer, click the link below.

www.wallstequities.com/registration

CDK Global

On Thursday, shares in Hoffman Estates, Illinois headquartered CDK Global Inc. recorded a trading volume of 563,810 shares. The stock ended the session 1.01% higher at $71.97. The Company's shares have gained 3.60% in the last one month, 13.29% over the previous three months, and 20.57% on an YTD basis. The stock is trading 6.56% above its 50-day moving average and 11.96% above its 200-day moving average. Moreover, shares of CDK Global, which provides integrated information technology and digital marketing solutions to the automotive retail and other industries worldwide, have a Relative Strength Index (RSI) of 67.06. Get the full research report on CDK for free by clicking below at:

www.wallstequities.com/registration/?symbol=CDK

Workday

Pleasanton, California headquartered Workday Inc.'s stock closed the day 0.83% lower at $102.20 with a total trading volume of 917,124 shares. The Company's shares have advanced 0.34% in the previous three months and 54.64% since the start of this year. The stock is trading 2.25% above its 200-day moving average. Additionally, shares of Workday, which provides enterprise cloud applications for finance and human resources worldwide, have an RSI of 43.22.

On November 30th, 2017, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $92 a share to $98 a share. Free research on WDAY can be accessed at:

www.wallstequities.com/registration/?symbol=WDAY

Red Hat

Shares in Raleigh, North Carolina headquartered Red Hat Inc. recorded a trading volume of 1.33 million shares. The stock ended yesterday's trading session 0.07% lower at $121.13. The Company's shares have advanced 10.53% in the previous three months and 73.79% on an YTD basis. The stock is trading above its 200-day moving average by 17.35%. Furthermore, shares of Red Hat, which provides open source software solutions to develop and offer operating system, virtualization, management, middleware, cloud, mobile, and storage technologies to various enterprises worldwide, have an RSI of 42.25.  

On December 13th, 2017, Red Hat announced that Red Hat Enterprise Linux 7.1, the world's leading enterprise Linux platform, has achieved an additional Common Criteria Certification. Enhancing the existing Evaluation Assurance Level 4+ certification announced in October 2016, this certification was under the General-Purpose Operating System Protection Profile 3.9. Red Hat Enterprise Linux was the first operating system to be Common Criteria-certified with Linux Container Framework Support, underscoring the Company's commitment to delivering hardened and more secure IT innovations like Linux containers.

On December 20th, 2017, research firm BTIG Research reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $120 a share to $150 a share. Visit WallStEquities.com now and sign up for the free research on RHT at:

www.wallstequities.com/registration/?symbol=RHT

Oracle

Redwood City, California headquartered Oracle Corp.'s stock finished Thursday's session 0.30% higher at $47.52 with a total trading volume of 7.78 million shares. The Company's shares have advanced 23.59% since the start of this year. The stock is trading slightly below its 200-day moving average by 0.83%. Additionally, shares of Oracle, which develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure technologies for information technology environments worldwide, have an RSI of 38.19.  

On December 15th, 2017, research firm BMO Capital Markets reiterated its 'Outperform' rating on the Company's stock with a decrease of the target price from $57 a share to $55 a share.

On December 17th, 2017, Oracle announced that it has entered into an agreement with Aconex Limited, a leading cloud-based solution that manages team collaboration for construction projects, for A$7.80 per share in cash. The transaction is valued at approximately US$1.2 billion, net of Aconex cash. The free technical report on ORCL is available at:

www.wallstequities.com/registration/?symbol=ORCL

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