Will wdc go up today?

The forecast for Western Digital Corporation (WDC) today is not available. However, here are some factors that could influence its stock performance: 1. **Recent Institutional Activity**: Czech National Bank grew its stake in Western Digital by 9.1% during the second quarter, indicating confidence in the company's prospects. 2. **Short Interest**: The short percent of float for Western Digital has fallen by 10.97%, suggesting a decrease in bearish sentiment. 3. **Executive Transactions**: EVP Robert Soderbery sold 12,154 shares of WDC stock, which could be interpreted as a lack of confidence in the company's short-term prospects. 4. **Market Performance**: The stock has experienced a 7.6% increase in the last seven days, indicating a recent uptrend. |Ticker|Name|Date|Interval Percentage Change|code|market_code| |---|---|---|---|---|---| |WDC.O|Western Digital|20240805-20240813|7.600908614363099|WDC|185| 5. **Technical Indicators**: The Relative Strength Index (RSI) for WDC is at 52.16, which is considered neutral and does not strongly suggest an upcoming increase or decrease. |Ticker|Name|Date|Boll|RSI|KDJ|MACD|code|market_code| |---|---|---|---|---|---|---|---|---| |WDC.O|Western Digital|20240813|64.5140|52.1550|86.9423|-0.0902|WDC|185| 6. **Support and Resistance Levels**: The current closing price is between the support level of $59.65 and the resistance level of $61.1. The stock may face some resistance at the current price level. |Ticker|Name|Date|Resistance Level (Narrow)|Closing Price|Support Level (Narrow)|code|market_code| |---|---|---|---|---|---|---|---| |WDC.O|Western Digital|20240812|61.098||59.6474|WDC|185| |WDC.O|Western Digital|20240813||61.58||WDC|185| 7. **Analyst Ratings**: The average analyst rating for WDC stock is "Buy," with a 12-month stock price forecast of $86.5, indicating a potential upside. Given these points, it is difficult to predict with certainty whether WDC's stock will go up today. While there are positive indicators such as the institutional buying and recent uptrend, the short interest reduction and executive sale could suggest some caution. The stock's performance today will likely be influenced by a combination of these factors and market conditions.