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Seagate Technology (STX) is trading at new all-time highs on Tuesday.
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Shares are up more than 230% over the past 52 weeks.
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STX maintains a 100% “Buy” technical opinion from Barchart.
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Seagate has benefitted massively from AI-driven demand for memory and storage products.
Valued at $76.5 billion, Seagate Technology (STX) is one of the largest manufacturers of hard disk drives in the U.S. These drives are responsible for storing information, including at data centers. Seagate also creates other storage products like solid state drives and solid state hybrid drives.
Its storage products are necessary to train, manage, and store the various large datasets that are behind artificial intelligence models.
I found today’s Chart of the Day by using Barchart’s powerful screening functions to sort for stocks with the highest technical buy signals; superior current momentum in both strength and direction; and a Trend Seeker “buy” signal. I then used Barchart’s Flipcharts feature to review the charts for consistent price appreciation. STX checks those boxes. Since the Trend Seeker issued a new “Buy” on Nov. 28, shares are up 29.49%.
Editor’s Note: The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report. These technical indicators form the Barchart Opinion on a particular stock.
Seagate Technology scored a new all-time high of $370.47 on Jan. 26.
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STX has a Weighted Alpha of +325.50.
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Seagate has a 100% “Buy” opinion from Barchart.
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The stock has gained 231.17% over the past 52 weeks.
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STX has its Trend Seeker “Buy” signal intact.
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The stock recently traded at $358.29 with a 50-day moving average of $290.84.
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Seagate has made 9 new highs and is up 25.18% over the past month.
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Relative Strength Index (RSI) is at 70.56.
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There’s a technical support level around $346.04.
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$76.5 billion market capitalization.
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41.5x trailing price-earnings ratio.
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Analysts expect earnings to increase 46.7% in 2026 and another 53.4% in 2027.
