Watch for Shares of Western Digital (WDC) to Approach Support at $52.42
Shares of Western Digital (NYSE:WDC) opened today below their pivot of $53.78 and have already reached the first level of support at $53.21. Should the shares continue to fall, the support pivots of $52.42 and $51.06 will be of interest.
Over the past year, Western Digitalhas traded in a range of $0.00 to $99.93 and are now at $0.00. Over the past week, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has declined 0.8%.
Western Digital (NYSE:WDC) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $95.77. The stock should run into initial resistance at its 50-day moving average (MA) of $45.22 and subsequent resistance at its 200-day MA of $61.37.
SmarTrend is monitoring the recent change of momentum in Western Digital. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Western Digital in search of a potential trend change.
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