Trading Signals: WDC Stock Price Prediction and Forecast

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Thu. Aug. 18, 2016

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

(Western Digital Corp)
WDC latest price $42.5725 (2.41%) ($41.7082 - $42.6654) on Thu. Aug. 18, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.23% (three month average)
RSI   41
Latest Price   $42.5725(2.41%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   WDC advances 0.8% a day on average for past five trading days.
Weekly Trend   WDC declines -0.1% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support WDC advance at 0% a week (0% probability)
VT(59%)    IWM(56%)    IWD(55%)    IWN(55%)    IWO(55%)
Factors Impacting WDC price   WDC will decline at least -1.615% in a week (0% probabilities).
VIXM(-15%)    TLT(-15%)    UUP(-13%)    SHY(-4%)    IPO(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.615% (StdDev 3.23%)
Hourly BBV 0 ()
Intraday Trend 1.8%

Resistance Level   $43.64
5 Day Moving Average   $42.09(1.15%)
10 Day Moving Average   $41.79(1.87%)
20 Day Moving Average   $43.64(-2.45%)
To recent high   -14.8%
To recent low   20.8%
Market Cap   $12.772b

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 7.65% (three month std-dev: 3.23%) 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

> 20160918

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_18_2016	41.72	43.64	41.79	42.09			42.57(2.41%)	N/A	N/A	0	0.1	4	-10000	5	-0	3.7	59%	0.02	-42.2	3.23%	0	-0.3	41	0
2	Aug_17_2016	41.71	43.9	41.79	41.74			41.57(-2.29%)	DP	OpenShort	-65	-0	-8	-10000	4	-43	4.73	59%	-0.07	-44.3	3.27%	0	-0.7	23	0
3	Aug_16_2016	41.74	44.22	41.65	41.45			42.54(-0.13%)	DP	OpenShort	-65	0.3	-20	-10000	1	-82	3.25	59%	-0.02	-46.9	3.27%	0	-0.5	25	0
4	Aug_15_2016	41.75	44.47	41.65	41.35			42.6(3.45%)	DP	OpenShort	-65	0.4	-28	-10000	1	-115	4.33	59%	0.02	-47.9	3.27%	0	-0.5	25	0
5	Aug_12_2016	41.74	44.75	41.57	41.26			41.18(0.96%)	DP	OpenShort	-75	-0	-37	-10000	-3	-140	2.74	58%	-0.07	-45.8	3.27%	0	-1	27	0

6	Aug_11_2016	41.77	45.1	41.85	41.47			40.79(1.67%)	DP	OpenShort	-75	-0.2	-39	-10000	-1	-152	3.79	55%	-0.07	-43	3.27%	0	-1.2	24	0
7	Aug_10_2016	41.8	45.48	42.69	41.54			40.12(-4.66%)	DT	OpenShort	-75	-0.4	-39	-10000	-4	-144	6.04	57%	-0.17	-39.6	3.32%	0	-1.6	25	0
8	Aug_9_2016	41.87	45.91	43.61	41.84			42.08(-0.15%)	DP	OpenShort	-65	0.1	-33	-10000	1	-133	2.99	60%	-0.07	-32	3.28%	0	-1.2	28	0
9	Aug_8_2016	41.9	46.22	44.36	41.8			42.15(-0.15%)	DT	OpenShort	-75	0.1	-34	-10000	-2	-128	4.22	60%	-0.05	-24.7	3.29%	0	-1.3	32	0
10	Aug_5_2016	41.92	46.44	44.97	41.93			42.21(2.53%)	DP	OpenShort	-75	0.1	-36	-10000	-6	-127	4.25	58%	0	-20.6	3.3%	0	-1.5	30	0

11	Aug_4_2016	41.92	46.65	45.62	42.32			41.17(-1.07%)	DT	OpenShort	-75	-0.4	-49	-10000	-24	-124	4.2	58%	-0.02	-14.8	3.33%	0	-2	27	0
12	Aug_3_2016	41.93	46.85	46.34	44.07			41.62(-0.6%)	DT	OpenShort	-75	-0.9	-38	-10000	-21	-90	5.71	55%	0	5.9	3.33%	0	-2	28	0
13	Aug_2_2016	41.93	46.94	47.04	45.68			41.87(-2.21%)	DT	OpenShort	-75	-1.4	-30	-10000	-20	-58	8.6	55%	-0.05	26.1	3.36%	0	-1.9	28	0
14	Aug_1_2016	41.95	46.98	47.67	47.3			42.81(-3.03%)	DT	OpenShort	-75	-1.8	-17	-10000	-14	-25	7.98	55%	-0.05	52.1	3.35%	0	-1.7	31	0
15	Jul_29_2016	41.97	47.04	48.29	48.41			44.15(-11.53%)	N/A	N/A	0	-1.7	-7	-10000	-11	7	17.66	50%	0	65	3.35%	0	-1.2	48	0

16	Jul_28_2016	41.97	47.06	48.73	49.32			49.9(0.49%)	UT	HoldLong	65	0.2	14	-10000	5	41	5.05	56%	0.17	71.2	3.33%	0	1.1	76	0
17	Jul_27_2016	41.9	46.7	48.54	48.94			49.66(-0.56%)	UD	OpenLong	75	0.3	15	-10000	4	46	3.63	56%	0.19	61.3	3.33%	0	1.1	81	0
18	Jul_26_2016	41.82	46.25	48.39	48.65			49.94(3.21%)	UT	HoldLong	65	0.5	20	-10000	6	63	5.08	56%	0.1	46.8	3.35%	0	1.3	87	0
19	Jul_25_2016	41.78	45.71	48.2	48.17			48.39(-0.63%)	UD	OpenLong	75	0.1	19	-10000	-0	76	2.94	56%	0.12	31	3.35%	0	0.9	86	0
20	Jul_22_2016	41.73	45.48	47.98	48.18			48.7(1.45%)	UT	OpenLong	75	0.2	24	-10000	2	89	3.32	56%	0.1	33.7	3.35%	0	1.1	74	0

21	Jul_21_2016	41.69	45.35	47.7	48.05			48(-0.42%)	UD	OpenLong	75	-0	24	-10000	-0	95	3.14	56%	0.12	40.1	3.35%	0	0.9	67	0
22	Jul_20_2016	41.64	45.16	47.36	48.06			48.2(1.31%)	UT	OpenLong	75	0	27	-10000	-0	106	4.18	58%	0.17	44.8	3.34%	0	1.1	73	0
23	Jul_19_2016	41.57	44.98	46.81	48.09			47.58(-1.77%)	UD	OpenLong	65	-0.2	28	-10000	-1	115	3.82	58%	0.19	51	3.39%	0	0.9	76	0
24	Jul_18_2016	41.49	44.78	46.24	48.21			48.44(0.89%)	UT	HoldLong	65	0.1	39	-10000	6	137	2.95	58%	0.19	56.4	3.38%	0	1.4	83	0
25	Jul_15_2016	41.41	44.48	45.72	47.72			48.01(-0.17%)	UD	OpenLong	75	0.1	35	-10000	5	126	3.14	58%		53.3	3.38%	0	1.4	59	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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