Analysts predict 9.49% decrease in WDC earnings
As a technical analyst, it is important to consider both technical indicators and fundamental data when evaluating a stock's potential. In this case, we have the Stochastic Oscillator suggesting a potential bullish signal for WDC, combined with a better-than-expected earnings report.
The Stochastic Oscillator is a momentum indicator that measures the level of the current price relative to its range over a set period of time. When the indicator moves out of oversold territory, it suggests that the stock may be poised for a potential reversal to the upside. In the case of WDC, the A.I.dvisor from Tickeron analyzed 62 instances where the indicator left oversold territory, and found that in 51 of those cases the stock moved higher in the following days. This indicates a strong historical precedent for a bullish move in WDC after the indicator leaves oversold territory, with the odds of a move higher at over 82%.
In addition to the technical indicator, we have the recent earnings report for WDC. The report showed earnings per share of -137 cents, which beat the estimate of -157 cents. While a negative EPS is not ideal, the beat on estimates can be seen as a positive sign. It is important to note that the market reaction to an earnings report is not solely based on the EPS number, but also on other factors such as revenue growth, guidance, and overall market sentiment.
In terms of the company's market capitalization, we see that WDC currently has 1.33 million shares outstanding and a market capitalization of 10.91 billion dollars. This information can be used to evaluate the company's valuation relative to its peers and the broader market.
Overall, the technical indicator and recent earnings report suggest a potentially bullish outlook for WDC. However, it is important to consider other factors such as industry trends, competitive landscape, and overall market conditions before making any investment decisions.
AI Trading Robot Generates 4.69% Profit for WDC
WDC in upward trend: price expected to rise as it breaks its lower Bollinger Band on March 06, 2025
WDC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 31 cases where WDC's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where WDC's RSI Oscillator exited the oversold zone, of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WDC advanced for three days, in of 305 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 217 cases where WDC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on February 25, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on WDC as a result. In of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for WDC turned negative on February 25, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
WDC moved below its 50-day moving average on February 27, 2025 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for WDC crossed bearishly below the 50-day moving average on March 05, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WDC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. WDC’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.293) is normal, around the industry mean (6.425). P/E Ratio (15.244) is within average values for comparable stocks, (59.439). WDC's Projected Growth (PEG Ratio) (490.332) is very high in comparison to the industry average of (55.962). WDC has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.034). P/S Ratio (2.023) is also within normal values, averaging (11.728).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. WDC’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock worse than average.
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