After 4 weeks, Ceridian HCM Holding Inc. (CDAY) reached all-time highs again. Throughout this time, the price fell to $104.89 (-10.12% drawdown), the lowest point between the earlier all-time high and the present one. On Thursday Ceridian HCM Holding Inc. (CDAY) shares closed at $118.53 climbing a 2.08%; new all-time highs are set at $120.04.
Since last August, Ceridian HCM has been printing an uptrend that so far marked a gorgeous 27.01%. Rising tops and bottoms can be seen easily on a chart and how price action provided very few buy points on the breakouts. Latest pullback was in mid-September, when price bounced at $104.89. On Thursday, Ceridian HCM broke out above its last top ($116.70) offering a good entry point
Ceridian HCM Holding Inc., together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, and internationally. The company offers Dayforce, a cloud HCM platform that provides human resources (HR), payroll, benefits, workforce management, and talent management functionality; and Powerpay, a cloud HR and payroll solution for the small business market. It also provides Bureau solutions for payroll and payroll-related services. The company sells its solutions through direct sales force and third-party channels.. The stock belongs to the Software - Application industry in the Technology sector. The company's Headquarters are in Minneapolis, United States, and has 5,974 employees worldwide. Check for further information about the company at its corporate site at http://www.ceridian.com.