Pre-Market Technical Recap on Data Storage Devices Stocks — Seagate Technology, Western Digital, Pure Storage, and Teradata

Press Releases

Oct 26, 2017

NEW YORK, October 26, 2017 /PRNewswire/ —

If you want a Stock Review on STX, WDC, PSTG, or TDC then come over to and sign up for your free customized report. is focused on the Data Storage Devices space, which includes companies that are engaged in the manufacturing of devices that allow the storage and retrieval of data from computers. Equities under review this morning are: Seagate Technology PLC (NASDAQ: STX), Western Digital Corp. (NASDAQ: WDC), Pure Storage Inc. (NYSE: PSTG), and Teradata Corp. (NYSE: TDC). Daily Stock Tracker provides great insights on these stocks in its free research reports at:

Seagate Technology 

Dublin, Ireland headquartered Seagate Technology PLC’s shares saw a decline of 1.78%, finishing Wednesday’s trading session at $38.15. A total volume of 7.43 million shares was traded, which was higher than their three months average volume of 6.02 million shares. In the last month and the previous three months, the stock has advanced 16.06% and 17.17%, respectively. The Company’s shares are trading above their 50-day moving average by 15.38%. Moreover, shares of Seagate Technology, which provides data storage technology and solutions internationally, have a Relative Strength Index (RSI) of 71.69.

On October 05th, 2017, Seagate Technology announced that its IronWolf TM, IronWolf TM Pro, and BarraCuda® Pro hard drives are now available at capacities up to 12TB. Offering the highest capacity, reliability, and performance in the industry among network-attached storage and desktop HDDs, the 12TB IronWolf and BarraCuda Pro drives further extend the capabilities of the leading Seagate Guardian Series to meet the growing data needs of large enterprise business, small- and medium-sized businesses, and creative professionals.

On October 24th, 2017, research firm UBS reiterated its ‘Sell’ rating on the Company’s stock with an increase of the target price from $28 a share to $30 a share. Free research report on STX is available at:

Western Digital 

On Wednesday, shares in San Jose, California headquartered Western Digital Corp. recorded a trading volume of 2.81 million shares, and ended the session 0.68% lower at $87.29. The stock has gained 1.17% in the last one month and 28.46% on an YTD basis. The Company’s shares are trading 0.58% above their 50-day moving average and 3.42% above their 200-day moving average. Furthermore, shares of Western Digital, which together with its subsidiaries, develops, manufactures, and sells data storage devices and solutions worldwide, have an RSI of 52.15.

On October 05th, 2017, research firm Deutsche Bank downgraded the Company’s stock rating from ‘Buy’ to ‘Hold’ while revising its previous target price from $105 a share to $80 a share.

On October 11th, 2017, Western Digital announced plans to release its financial results for the first fiscal quarter ended September 29th, 2017 after the close of the market on October 26th, 2017. A conference call will be broadcast live at 5:00 p.m. ET that same day to discuss the results. The conference call can be accessed on the Company’s investor website. The complimentary research report on WDC can be downloaded at:

Pure Storage 

Shares in Mountain View, California headquartered Pure Storage Inc. closed at $16.03, down 1.11% from the last trading session. The stock recorded a trading volume of 690,220 shares. The Company’s shares have gained 1.84% in the last one month, 28.86% over the previous three months, and 41.73% since the start of this year. The stock is trading 7.22% and 28.40% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Pure Storage have an RSI of 55.08.

On September 29th, 2017, Pure Storage announced that its FlashBlade™ array won Best Innovation in AI Hardware at AI Summit 2017. Optimized and self-tuned for any workload powered by unstructured data, FlashBlade provides the fast, highly scalable, and effortlessly simple storage infrastructure required by data-intensive analytics such as artificial intelligence, deep learning, and machine learning. Visit today and access our complete research report on PSTG at:


Dayton, Ohio headquartered Teradata Corp.’s stock ended 0.09% higher at $32.59 with a total trading volume of 1.12 million shares. The Company’s shares have advanced 2.23% over the previous three months and 19.95% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.25% and 6.97%, respectively. Furthermore, shares of Teradata, which provides analytic data solutions and related services in North America, Latin America, Europe, Middle-East, Africa, Asia/Pacific, and Japan, have an RSI of 49.55.

On October 24th, 2017, Teradata announced that it honored 33 high-performing customers and partnerships with Teradata EPIC Awards. The award ceremony was held on October 23rd, 2017, at the Teradata PARTNERS Conference and celebrated the innovative use of data and analytics to shape positive business outcomes. CEO Vic Lund and Executive Vice President and Chief Product Officer Oliver Ratzesberger officiated at the 10th annual ceremony. Get free access to your research report on TDC at:

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