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AAAResearchReports.com Technical Study: OCZ Technology Group, SanDisk, Western Digital, and Seagate Technology

2013-12-20 09:01 ET - News Release

LONDON, December 20, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

On Thursday, December 19, 2013, the U.S. equity market mostly finished on a lower note. The S&P 500 ended the day at 1,809.60, down 0.06%; the Dow Jones Industrial Average closed at 16,179.08, up 0.07%; and the NASDAQ Composite Index finished at 4,058.14, down 0.29%. The S&P 500 Information Technology Sector Index closed the session at 567.10, up 0.16%; and the S&P 500 Computers and Peripherals Industry Index closed 0.56% lower at 1,016.29. The S&P 500 Computers and Peripherals Industry Index has gained 13.47% in the previous three months and 5.15% in the last one month, outperforming the S&P 500, which has gained 5.07% and 1.22% during the respective periods. The major movers in the industry included OCZ Technology Group Inc. (NASDAQ: OCZ), SanDisk Corp. (NASDAQ: SNDK), Western Digital Corp. (NASDAQ: WDC), and Seagate Technology PLC (NASDAQ: STX). AAAResearchReports.com has released full comprehensive research on OCZ, SNDK, WDC, and STX. These free technical analyses can be downloaded by signing up at:

http://www.aaaresearchreports.com/register/  

OCZ Technology Group Inc.'s stock plummeted 5.07% on Thursday, tracking losses in the broader market. The company's shares finished the day at $0.06, after oscillating between $0.06 and $0.07 during the trading session. A total of 4.31 million shares were traded, which is above the daily average volume of 4.02 million. The company's shares have declined 22.46% in the previous three trading sessions, underperforming the S&P 500, which has gained 1.29% during the same period. Furthermore, OCZ Technology Group Inc.'s stock is trading below its 50-day and 200-day moving averages of $0.70 and $1.32, respectively. Download free report on OCZ upon registration at:

http://www.AAAResearchReports.com/OCZ122013.pdf

Shares in SanDisk Corp. edged 0.16% lower on Thursday, closing the day at $68.66, after vacillating between $68.02 and $68.95 during the trading session. A total of 2.69 million shares were traded, which is below the daily average volume of 4.11 million. Despite Thursday's decline, the company's shares have gained 2.52% in the previous three trading sessions and 14.40% in the last three months, outperforming the S&P 500, which has gained 1.29% and 5.07% during the respective periods. Moreover, shares in SanDisk Corp. are trading above their 50-day and 200-day moving averages of $67.65 and $60.15, respectively. SNDK technical report can be accessed for free by signing up at:

http://www.AAAResearchReports.com/SNDK122013.pdf

Western Digital Corp.'s stock ended the day flat at the previous day's closing price of $82.10, after fluctuating between $81.20 and $82.24 during Thursday's trading session. A total of 2.21 million shares were traded, which is above the daily average volume of 2.18 million. The company's shares have surged 27.50% in the previous three months and 11.53% in the last one month, outperforming the S&P 500, which has gained 5.07% and 1.22% during the respective periods. Further, Western Digital Corp.'s stock is trading above its 50-day and 200-day moving averages of $73.64 and $63.71, respectively. The free report on WDC can be downloaded by signing up now at:

http://www.AAAResearchReports.com/WDC122013.pdf

On Thursday, Seagate Technology PLC's stock closed the day at $52.49, down 0.30% from the previous day's closing price of $52.65. The company's shares fluctuated between $51.86 and $52.84 during the trading session. A total of 2.77 million shares were traded, which is below the daily average volume of 3.61 million. Despite Thursday's losses, the company's shares have surged 26.91% in the previous three months and 9.70% in the last one month, outperforming the S&P 500, which has gained 5.07% and 1.22% during the respective periods. Furthermore, Seagate Technology PLC's stock is trading above its 50-day and 200-day moving averages of $48.98 and $42.73, respectively. A free report on STX can be accessed by registering at:

http://www.AAAResearchReports.com/STX122013.pdf

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