Western Digital stock forecast: up to 68.45 USD WDC stock price prognosis

STOCK

Forecast for Thu 20 Jun 2024 price 67.29

Western Digital stock price forecast for further price development up to 5.34% (time horizon: 1 day) and price target of 68.45 USD. Short-term (time horizon: 2 weeks) Western Digital share price prediction for 2024-06-20 with daily closed price projections

Key Facts

Symbol WDC 

ISIN US9581021055 

CUSIP 958102105


Currency USD


Category Computer Storage Devices

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 16,289,000,000.0


Earnings per share 1.15


On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

We create environments for data to thrive. This growth has led to a creation of new form factors for data storage. We also provide higher value data storage platforms to the market. We also offer a competitive benefit package that includes sick time and paid time off. Employee Engagement and Culture. As a result, our business depends significantly on global and regional conditions. As a result of these risks, our business could be harmed. We depend on Flash Ventures for the development and manufacture of flash-based memory. These actions could also impact employee 19Table of Contentsretention. These events would likely harm our operating results and financial condition. We may be engaged in litigation as a result of these indemnification obligations. A future obligation to indemnify our customers or suppliers may harm our business.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/106040/000010604021000040/0000106040-21-000040.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 43.40/100
    • Not in ideal financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is above book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - Baystate Wealth Management LLC 2023-06-30 39
A - BARCLAYS PLC 2023-06-30 4542061
Frank, Rimerman Advisors LLC 2022-03-31 5628
Frank, Rimerman Advisors LLC 2021-12-31 5628
A - Atria Wealth Solutions, Inc. 2023-03-31 16430

Fund ownership list is based on filling form information

Fund name Date Amount Profile
DIMENSIONAL INVESTMENT GROUP INC 2023-07-31 90504 Long
DFA INVESTMENT TRUST CO 2023-07-31 886549 Long
Pacer Funds Trust 2023-07-31 18511 Long
Pacer Funds Trust 2023-07-31 1072 Long
Pacer Funds Trust 2023-07-31 7 Long

Insider trading for Western Digital

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1820713 Soderbery Robert 2023-11-03 SALE Accept Accept Accept Accept


Bollinger Bollinger Bands for Western Digital can provide the information where the market is moving based on price information.


Western Digital Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns Western Digital.


On-Balance Volume information for Western Digital. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for Western Digital. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for Western Digital. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for Western Digital. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for Western Digital. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for Western Digital. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for Western Digital. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

Similar shares


Western Digital on Nasdaq

Western Digital on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-24 68.45 2024-04-25 13:21
2024-05-22 68.59 2024-04-25 13:21
2024-05-23 68.52 2024-04-25 13:21
2024-05-20 68.57 2024-04-25 13:21
2024-05-21 68.68 2024-04-25 13:21
2024-05-27 68.38 2024-04-25 13:21
2024-05-28 68.34 2024-04-25 13:21
2024-05-29 68.25 2024-04-25 13:21
2024-05-30 68.20 2024-04-25 13:21
2024-06-07 67.85 2024-04-25 13:21
2024-06-05 67.99 2024-04-25 13:21
2024-06-03 68.10 2024-04-25 13:21
2024-06-04 68.07 2024-04-25 13:21
2024-05-31 68.13 2024-04-25 13:21
2024-06-06 67.89 2024-04-25 13:21
2024-06-10 67.81 2024-04-25 13:21
2024-06-11 67.74 2024-04-25 13:21
2024-06-12 67.66 2024-04-25 13:21
2024-06-13 67.58 2024-04-25 13:21
2024-06-17 67.48 2024-04-25 13:21
2024-06-18 67.42 2024-04-25 13:21
2024-06-19 67.35 2024-04-25 13:21
2024-06-14 67.53 2024-04-25 13:21
2024-06-20 67.29 2024-04-25 13:21
2024-05-13 69.17 2024-04-25 13:21
2024-05-14 69.24 2024-04-25 13:21
2024-05-15 69.14 2024-04-25 13:21
2024-05-16 68.83 2024-04-25 13:21
2024-05-08 69.67 2024-04-25 13:21
2024-05-09 69.55 2024-04-25 13:21
2024-04-29 69.64 2024-04-25 13:21
2024-04-30 69.36 2024-04-25 13:21
2024-05-01 69.52 2024-04-25 13:21
2024-05-17 68.55 2024-04-25 13:21
2024-05-02 69.36 2024-04-25 13:21
2024-05-03 69.57 2024-04-25 13:21
2024-05-06 69.49 2024-04-25 13:21
2024-05-07 69.49 2024-04-25 13:21
2024-05-10 69.19 2024-04-25 13:21

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.