EN
Takip Edin: @UscMarketsWDC Stock Forecast & Western Digital Corporation Chart Analysis
This article provides a detailed analysis of WDC-Western Digital Corporation stock including a forecast for WDC shares. It features Western Digital Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
WDC Historical Data Review
WDC Current Price Performance Analysis
The Western Digital Corporation - WDC stock traded on the American stock market, on 06-05-2024, closed at 76.9$ with a %4.00 increased compared to the previous day.
In the last month, the price of WDC changed by %5.92 increased in value, from 72.6 dollars on 05-06-2024 to 76.9 dollars, increased.
Last year, the price of WDC was 39.48 dollars on 06-06-2023, and changed by %94.78 increased in value, to 76.9 dollars increased within a year.
The price of Western Digital Corporation stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
WDC with AI Stock Forecast & Price Target
On the WDC chart Western Digital Corporation price was recorded as 76.9 Dollars on 06/05/2024.
The artificial intelligence's forecast on WDC stock is as follows.
The artificial intelligence's prediction error margin for WDC stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Western Digital Corporation stock over the next 4 months is: 64.5 Dollars.
The commentary on WDC stock Target Price: Highest: 77.951 Dollars is predicted.
The commentary on WDC stock Target Price: Lowest: 59.184 Dollars is predicted.
Resistance Price where Western Digital Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 08-14-2024 | 59.786 |
| 11-22-2024 | 68.507 |
| 01-21-2025 | 62.179 |
Support Price where Western Digital Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 59.735 |
| 08-29-2024 | 59.184 |
| 01-01-2025 | 60.968 |
| 01-31-2025 | 62.158 |
The commentary on WDC stock: The target price can generally be said to be on the rise.
The commentary on WDC stock: Fluctuations in the target price can be expected in the coming days.
The target price for Western Digital Corporation stock by the end of 2024 is predicted to be 61.015 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on WDC stock, and the 2024 target price predictions for Western Digital Corporation are detailed above.
The technical analysis and charts for the commentary on WDC stock are below.
WDC Support & Resistance and Trend Analysis
WDC stock you have reviewed the technical analysis support resistance charts regarding.
WDC : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the WDC review, the Western Digital Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Western Digital Corporation Support and Resistance Prices:
| WDC Support Level Price | WDC Resistance Level Price |
|---|---|
| 46.29 | 52.23 |
| 48.96 | 53.21 |
| 52.89 | 60.45 |
| 54.79 | 60.55 |
| 56.23 | 66.01 |
| 58.47 | 73.83 |
| 65.23 | 76.92 |
| 70.56 | 77.66 |
| 72.75 |
WDC Technical Analysis: SMA, RSI, MACD
Upon reviewing the WDC chart, buy and sell signals have been generated in the Western Digital Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for WDC stock are as follows:- The technical analysis for WDC indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Western Digital Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Western Digital Corporation stock: Click here to read more predictions on COSCO SHIPPING Holdings stock.
Click here for price target predictions and technical analysis charts of other American stocks