Trading Signals: WDC Stock Price Prediction and Forecast

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Wed. Aug. 16, 2017

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

(Western Digital Corp)
WDC latest price $81.9965 (2.42%) ($80.2868 - $82.0824) on Wed. Aug. 16, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.13% (three month average)
RSI   34
Latest Price   $81.9965(2.42%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   WDC advances 1.2% a day on average for past five trading days.
Weekly Trend   WDC declines -2.2% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support WDC advance at 0% a week (0% probability)
VT(60%)    IWM(57%)    IVE(56%)    IWC(56%)    IWD(56%)
Factors Impacting WDC price   WDC will decline at least -1.065% in a week (0% probabilities).
TLT(-16%)    UUP(-15%)    VIXM(-14%)    IGOV(-5%)    SHY(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.065% (StdDev 2.13%)
Hourly BBV 0 ()
Intraday Trend 2%

Resistance Level   $82.05
5 Day Moving Average   $78.62(4.29%)
10 Day Moving Average   $78.41(4.57%)
20 Day Moving Average   $82.05(-0.07%)
To recent high   -9.6%
To recent low   8.4%
Market Cap   $24.599b

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 6.44% (three month std-dev: 2.13%) 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

> 20170916

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	Aug_16_2017	83.52	82.05	78.41	78.62			82(2.42%)	DP	OpenShort	-65	0.6	-6	-10000	11	-57	4.17	45%	0.07	-50.9	2.13%	0	-0	34	0
2	Aug_15_2017	83.46	82.42	78.2	77.69			80.06(1.2%)	DP	OpenShort	-65	0.4	-22	-10000	6	-105	3.16	43%	0.07	-53.5	2.11%	0	-0.4	26	0
3	Aug_14_2017	83.4	82.9	78.32	77.22			79.11(3.67%)	DP	OpenShort	-65	0.3	-32	-10000	4	-139	3.9	43%	0.07	-52.9	2.11%	0	-0.7	22	0
4	Aug_11_2017	83.34	83.44	78.5	76.87			76.31(0.9%)	DT	HoldShort	-50	-0.1	-48	-10000	-3	-183	3.44	40%	0.05	-50.7	2.05%	0	-1.2	10	0
5	Aug_10_2017	83.3	84.15	78.99	77.11			75.64(-2.22%)	DT	HoldShort	-65	-0.3	-63	-10000	-13	-213	4.29	40%	0.06	-46.7	2.05%	0	-1.5	7	0

6	Aug_9_2017	83.25	84.83	80.16	78.12			77.35(-0.43%)	DT	HoldShort	-65	-0.1	-57	-10000	-8	-204	2.74	41%	0.11	-39.4	2.03%	0	-1.4	7	0
7	Aug_8_2017	83.16	85.48	81.26	78.77			77.69(0.46%)	DP	OpenShort	-75	-0.2	-57	-10000	-10	-199	3.59	41%	0.06	-32.2	2.04%	0	-1.6	11	0
8	Aug_7_2017	83.11	86.01	82.41	79.6			77.34(-0.25%)	DT	HoldShort	-65	-0.5	-54	-10000	-10	-187	4.77	41%	0.06	-24.4	2.04%	0	-1.9	10	0
9	Aug_4_2017	83.06	86.46	83.7	80.39			77.53(-3.95%)	DT	HoldShort	-65	-0.7	-50	-10000	-9	-173	10.7	43%	0.06	-21	2.05%	0	-2.1	10	0
10	Aug_3_2017	83.01	86.81	85.01	81.12			80.72(0.17%)	DP	OpenShort	-75	-0.1	-55	-10000	-17	-168	3.51	48%	0.11	-23.1	1.99%	0	-1.6	14	0

11	Aug_2_2017	82.92	86.95	86.02	82.53			80.58(-1.52%)	DT	HoldShort	-65	-0.5	-49	-10000	-19	-138	3.76	48%	0.11	-22.3	2.01%	0	-1.7	24	0
12	Aug_1_2017	82.83	87.11	87.01	84.17			81.82(0.65%)	DP	OpenShort	-75	-0.7	-41	-10000	-18	-108	4.01	48%	0.12	-16.6	2.01%	0	-1.5	24	0
13	Jul_31_2017	82.73	87.15	87.87	85.71			81.3(0.18%)	DP	OpenShort	-75	-1.2	-35	-10000	-21	-76	5.09	48%	0.13	-12.8	2.02%	0	-1.6	34	0
14	Jul_28_2017	82.62	87.36	88.83	87.53			81.16(-7.54%)	DT	OpenShort	-75	-1.9	-23	-10000	-21	-28	11.2	51%	0.13	-4.4	2.03%	0	-1.8	44	0
15	Jul_27_2017	82.51	87.71	89.82	89.41			87.77(-1.14%)	UD	OpenLong	65	-0.5	4	-10000	-7	37	5.24	58%	0.19	14.7	1.85%	0	0	71	0

16	Jul_26_2017	82.35	87.79	89.94	90			88.79(-0.84%)	UD	OpenLong	65	-0.4	16	-10000	-3	73	2.5	55%	0.21	24.4	1.85%	0	0.3	78	0
17	Jul_25_2017	82.18	87.71	90.07	90.29			89.54(-0.92%)	UD	OpenLong	65	-0.2	26	-10000	-1	106	5.02	55%	0.21	32.6	1.88%	0	0.6	79	0
18	Jul_24_2017	82.01	87.62	89.91	90.39			90.37(-0.21%)	UD	OpenLong	75	-0	33	-10000	0	132	2.25	58%	0.22	39.7	1.88%	0	0.9	85	0
19	Jul_21_2017	81.83	87.51	89.44	90.38			90.56(-0.2%)	UD	OpenLong	75	0.1	35	-10000	1	136	2.18	58%	0.23	50	1.92%	0	1	67	0
20	Jul_20_2017	81.64	87.26	88.73	90.31			90.75(0.56%)	UT	OpenLong	75	0.1	35	-10000	5	124	3.36	59%	0.21	55.5	1.93%	0	1.2	56	0

21	Jul_19_2017	81.47	87.03	87.92	89.89			90.24(0.22%)	UT	OpenLong	75	0.1	24	-10000	1	92	2.85	59%	0.22	59	1.94%	0	1.1	50	0
22	Jul_18_2017	81.29	86.7	87.17	89.82			90.04(-0.32%)	UD	OpenLong	75	0.1	25	-10000	6	80	2.21	59%	0.23	56.6	1.94%	0	1.2	55	0
23	Jul_17_2017	81.1	86.4	86.33	89.34			90.33(0.14%)	UT	OpenLong	75	0.4	22	-10000	12	52	2.56	59%	0.25	56.7	1.95%	0	1.4	53	0
24	Jul_14_2017	80.9	86.02	85.73	88.33			90.2(1.77%)	UT	OpenLong	75	0.7	18	-10000	17	21	3.47	59%	0.25	49.4	1.95%	0	1.5	51	0
25	Jul_13_2017	80.7	85.65	85.38	86.89			88.63(-1.41%)	N/A	N/A	0	0.7	11	-10000	15	-3	4.14	59%		29.9	1.96%	0	1.1	56	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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