WESTERN DIGITAL CORP (WDC)

US9581021055 - Common Stock

64.58  +1.78 (+2.83%)

After market: 64.46 -0.12 (-0.19%)

Technical Rating and Analysis

3

Taking everything into account, WDC scores 3 out of 10 in our technical rating. Although WDC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month WDC has a been trading in the 62.30 - 73.50 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that WDC is one of the better performing stocks in the market, outperforming 78% of all stocks.
WDC is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry. WDC outperforms 74% of them.
WDC has an average volume of 4955330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
WDC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WDC is lagging the market.
Weekly and Daily overview Charts
WDC Weekly chart
WDC Daily chart
Setup Rating and Analysis

5

WDC has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

56.65

71.16

We found 2 important support areas.

  • A support zone ranging from 62.43 to 63.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 57.22 to 58.03. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 66.15 to 66.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 69.61 to 70.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.25
Mansfield-1
10 Day High71.23
10 Day Low62.3
20 Day High73.5
20 Day Low62.3
52 Week High81.55
52 Week Low46.29
Performance
1 Week-4.16%
2 Weeks-0.98%
1 Month-3.98%
3 Month0.36%
6 Month-13.67%
12 Month38.58%
2 Year75.73%
3 Year11.65%
5 Year28.31%
10 Year-37.46%
15 Year75.3%
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)-0.55
RSI(14)45.24
LBB61.06
UBB71.07
WDC Daily chart

WESTERN DIGITAL CORP

NASDAQ:WDC (11/18/2024, 6:54:07 PM)

After market: 64.46 -0.12 (-0.19%)

64.58

+1.78 (+2.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg2.83%
1 Week-4.16%
2 Weeks-0.98%
1 Month-3.98%
3 Month0.36%
6 Month-13.67%
12 Month38.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.06
ATR(20)%3.6%
ATR Inc
Range Today2.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High71.23
10 Day Low62.3
20 Day High73.5
20 Day Low62.3
52 Week High81.55
52 Week Low46.29
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.63M
Volume Incr-15.01%
Vol(5)4.75M
Vol(50)4.96M