Trading Signals: WDC Stock Price Prediction and Forecast

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Thu. Mar. 2, 2017

Trading Signals: WDC Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(Western Digital Corp)
WDC latest price $72.0096 (-2.6%) ($71.8208 - $74.7143) on Thu. Mar. 2, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.9% (three month average)
RSI   41
Latest Price   $72.0096(-2.6%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   WDC advances 0.5% a day on average for past five trading days.
Weekly Trend   WDC declines -0.4% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support WDC advance at 0% a week (0% probability)
VT(59%)    IWM(57%)    IWD(56%)    IWO(56%)    SPY(56%)
Factors Impacting WDC price   WDC will decline at least -0.95% in a week (0% probabilities).
TLT(-16%)    VIXM(-14%)    UUP(-14%)    SHY(-4%)    IGOV(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.95% (StdDev 1.9%)
Hourly BBV 0 ()
Intraday Trend -2.7%

Resistance Level   $72.47
5 Day Moving Average   $72.17(-0.22%)
10 Day Moving Average   $71.51(0.7%)
20 Day Moving Average   $72.47(-0.64%)
To recent high   -4.7%
To recent low   23.7%
Market Cap   $21.603b

Western Digital Corp. engages in the development, manufacture, market and sale of data storage devices and solutions. It operates through the following product categories: client devices, data center devices and solutions, and client solutions. The client devices category includes mobile, desktop, gaming and digital video hard drives, solid state drives (SSDs), embedded products, and wafers. The data center devices and solutions category covers capacity and performance enterprise hard disk drives (HDDs), enterprise SSDs, data center software, and system solutions. The client solutions category offers removable products, hard drive content solutions, and flash content solutions. The company was founded by Alvin B. Phillips in 1970 and is headquartered in San Jose, CA.

$. WDC price fluctuates within 2.11% (three month std-dev: 1.9%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20170402

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Mar_2_2017	63.34	72.47	71.51	72.17			72.01(-2.6%)	N/A	N/A	0	-0.1	1	-10000	5	-10	4.87	76%	0.3	-40.3	1.9%	0	-0.3	41	0
2	Mar_1_2017	63.15	72.6	71.48	71.85			73.94(1.87%)	N/A	N/A	0	1.3	4	-10000	11	-19	4.67	74%	0.35	-46.6	1.89%	0	0.8	54	0
3	Feb_28_2017	62.93	72.65	71.26	71.12			72.58(1.03%)	DP	OpenShort	-65	0.9	-9	-10000	5	-50	5.08	74%	0.29	-47.8	1.91%	0	-0	39	0
4	Feb_27_2017	62.75	72.75	71.36	70.75			71.84(1.94%)	DP	OpenShort	-65	0.6	-13	-10000	3	-62	4.02	74%	0.27	-36.6	1.91%	0	-0.5	35	0
5	Feb_24_2017	62.58	72.9	71.46	70.52			70.47(0.08%)	DP	OpenShort	-75	-0	-23	-10000	-4	-78	4.09	73%	0.27	-23.4	1.9%	0	-1.4	26	0

6	Feb_23_2017	62.41	73.09	71.77	70.77			70.41(0.16%)	DP	OpenShort	-75	-0.2	-22	-10000	-4	-77	2.89	73%	0.26	-3.9	1.92%	0	-1.6	26	0
7	Feb_22_2017	62.25	73.35	72.02	71.04			70.3(-0.57%)	DT	OpenShort	-75	-0.5	-24	-10000	-5	-80	2.81	73%	0.26	17.9	1.92%	0	-1.9	25	0
8	Feb_21_2017	62.09	73.45	72.45	71.4			70.71(-0.01%)	DT	OpenShort	-75	-0.5	-27	-10000	-10	-77	3.44	73%	0.37	38.9	1.92%	0	-1.8	25	0
9	Feb_17_2017	61.86	73.39	72.83	72.08			70.72(-1.37%)	DT	OpenShort	-75	-0.7	-20	-10000	-6	-61	4.79	75%	0.28	43.1	1.94%	0	-1.3	29	0
10	Feb_16_2017	61.69	73.32	73.24	72.54			71.7(-0.08%)	DT	OpenShort	-75	-0.4	-17	-10000	-5	-53	2.95	75%	0.29	47.9	1.94%	0	-0.7	31	0

11	Feb_15_2017	61.51	73.16	73.55	72.93			71.75(-0.52%)	DT	OpenShort	-75	-0.5	-13	-10000	-3	-41	3.36	75%	0.28	51.1	1.94%	0	-0.6	40	0
12	Feb_14_2017	61.34	73.06	73.86	73.14			72.13(-2.63%)	DT	OpenShort	-75	-0.4	-16	-10000	-7	-42	5.39	75%	0.33	53	1.94%	0	-0.3	35	0
13	Feb_13_2017	61.14	72.87	74.18	73.64			74.08(1.43%)	DP	OpenShort	-75	0.2	-5	-10000	-1	-16	2.4	80%	0.38	57.4	1.9%	0	0.4	62	0
14	Feb_10_2017	60.91	72.53	74.25	73.72			73.03(-0.88%)	N/A	N/A	0	-0.2	-2	-10000	-5	8	2.88	82%	0.35	55	1.94%	0	0.2	69	0
15	Feb_9_2017	60.7	72.25	74.46	74.06			73.68(1.26%)	UD	OpenLong	65	-0.1	8	-10000	-3	41	2.88	82%	0.38	54.7	1.94%	0	0.4	72	0

16	Feb_8_2017	60.47	71.95	74.51	74.28			72.76(-2.49%)	UD	OpenLong	65	-0.5	14	-10000	-5	72	4.5	82%	0.37	56.5	1.94%	0	0.2	73	0
17	Feb_7_2017	60.25	71.68	74.8	74.67			74.62(0.14%)	UD	OpenLong	65	-0	27	-10000	-2	112	2.63	88%	0.42	59.8	1.91%	0	0.8	71	0
18	Feb_6_2017	60	71.34	74.55	74.8			74.52(-0.24%)	UD	OpenLong	65	-0.1	32	-10000	-1	131	2.31	88%	0.4	66.2	1.98%	0	0.9	74	0
19	Feb_3_2017	59.76	70.94	74.01	74.85			74.7(-0.13%)	UD	OpenLong	65	-0	35	-10000	-1	143	2.62	88%	0.44	69.2	1.98%	0	1.1	76	0
20	Feb_2_2017	59.5	70.53	73.44	74.93			74.79(0.09%)	UT	HoldLong	65	-0	41	-10000	2	157	2.98	82%	0.46	72.3	1.98%	0	1.2	77	0

21	Feb_1_2017	59.23	70.12	72.77	74.79			74.73(-0.71%)	UD	OpenLong	65	-0	37	-10000	-2	153	3.9	82%	0.46	74.5	2.05%	0	1.3	73	0
22	Jan_31_2017	58.96	69.65	72.22	74.95			75.27(0.64%)	UT	HoldLong	65	0.1	50	-10000	9	174	3.62	82%	0.48	77.6	2.07%	0	1.6	76	0
23	Jan_30_2017	58.68	69.09	71.46	74.25			74.79(-0.38%)	UD	OpenLong	75	0.2	53	-10000	16	163	3.85	82%	0.46	74.2	2.08%	0	1.8	70	0
24	Jan_27_2017	58.41	68.57	70.68	73			75.07(1.34%)	UT	OpenLong	75	0.7	48	-10000	17	139	5.24	84%	0.46	65.1	2.08%	0	2.1	74	0
25	Jan_26_2017	58.14	68.06	69.83	71.7			74.08(-1.94%)	UD	OpenLong	75	0.8	40	-10000	17	108	9.98	85%		60	2.17%	0	2.1	72	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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