WESTERN DIGITAL CORP (WDC) Stock Technical Analysis
NASDAQ:WDC - Nasdaq - US9581021055 - Common Stock - Currency: USD
Taking everything into account, WDC scores 0 out of 10 in our technical rating. WDC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
90% of all other stocks performed better in the past year than WDC.
WDC is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, of which 70% are performing better than WDC.
WDC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
WDC has an average volume of 9019030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month WDC has a been trading in the 28.83 - 44.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
WDC has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
36.14
74.16
We can see 4 important resistance areas.
- A resistance zone ranging from 36.52 to 36.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @67.21 from a trend line in the weekly time frame.
- Resistance @69.76 from a trend line in the daily time frame.
- Resistance @73.43 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.24
Mansfield-3.87
10 Day High37.37
10 Day Low28.83
20 Day High44.86
20 Day Low28.83
52 Week High81.55
52 Week Low28.83
Performance
1 Week4.7%
2 Weeks6.91%
1 Month-17.97%
3 Month-43.87%
6 Month-45.53%
12 Month-44.72%
2 Year6.01%
3 Year-31.2%
5 Year-20.77%
10 Year-62.65%
15 Year-11.15%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.63
RSI(14)41.32
LBB29.02
UBB42.4
36.51
+0.89 (+2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg2.5%
1 Week4.7%
2 Weeks6.91%
1 Month-17.97%
3 Month-43.87%
6 Month-45.53%
12 Month-44.72%
2 Year6.01%
3 Year-31.2%
5 Year-20.77%
10 Year-62.65%
15 Year-11.15%
Volatility
ATR(14)3
ATR(20)%6.91%
ATR Inc-59.41%
Range Today1.19
ADR(20)2.25
ADR(20)%6.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.24
Mansfield-3.87
10 Day High37.37
10 Day Low28.83
20 Day High44.86
20 Day Low28.83
52 Week High81.55
52 Week Low28.83
CS1 EndN/A
CR1 Start36.52
Volume & EV
DER(3)-1.68%
DER(5)-0.9%
Volume7.39M
Volume Incr-19.63%
Vol(5)7.89M
Vol(50)9.02M