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Western Digital (WDC) Downgrade Alert, Watch for 28.9% Technical Downtrend Continuation

Written on Fri, 07/30/2010 - 11:44am
By Chip Brian

Western Digital (NYSE:WDC) downgraded to Underperform at First Global. The stock closed yesterday at $26.97 on volume of 7,961,600 shares, above average daily volume of 5,910,320.
Western Digital is currently below its 50-day moving average of $32.64 and below its 200-day moving average of $38.19.
SmarTrend is bearish on shares of WDC and our subscribers received a Downtrend alert on May 06, 2010 at $37.94, which has returned 28.9% to date.

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): WDC

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