WESTERN DIGITAL CORP (WDC)

US9581021055 - Common Stock

60.24  +0.62 (+1.04%)

After market: 61.73 +1.49 (+2.47%)

Technical Rating and Analysis

1

Overall WDC gets a technical rating of 1 out of 10. WDC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month WDC has a been trading in the 58.99 - 74.11 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
WDC has an average volume of 5649140 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.
When compared to the yearly performance of all other stocks, WDC outperforms 54% of them, which is more or less in line with the market.
WDC is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 43% of 31 stocks in the same industry.
WDC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WDC is lagging the market slightly.
Weekly and Daily overview Charts
WDC Weekly chart
WDC Daily chart
Setup Rating and Analysis

3

The technical rating of WDC is bad and it also does not present a quality setup 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

73.21

When analyzing the support we notice one important area.

  • Support @57.22 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 72.12 to 72.49. 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
CRS54.97
Mansfield-1.67
10 Day High71.8
10 Day Low58.99
20 Day High74.11
20 Day Low58.99
52 Week High81.55
52 Week Low48.96
Performance
1 Week-7.49%
2 Weeks-15.24%
1 Month-8.56%
3 Month-9.75%
6 Month-20.5%
12 Month14.39%
2 Year90.94%
3 Year-7.62%
5 Year-5.09%
10 Year-45.58%
15 Year36.44%
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)-1.24
RSI(14)32.24
LBB58.88
UBB75.56
WDC Daily chart

WESTERN DIGITAL CORP

NASDAQ:WDC (12/20/2024, 8:00:01 PM)

After market: 61.73 +1.49 (+2.47%)

60.24

+0.62 (+1.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg1.04%
1 Week-7.49%
2 Weeks-15.24%
1 Month-8.56%
3 Month-9.75%
6 Month-20.5%
12 Month14.39%
2 Year90.94%
3 Year-7.62%
5 Year-5.09%
10 Year-45.58%
15 Year36.44%
Volatility
ATR(14)2.61
ATR(20)%4.25%
ATR Inc38.34%
Range Today2.46
ADR(20)2.44
ADR(20)%4.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.97
Mansfield-1.67
10 Day High71.8
10 Day Low58.99
20 Day High74.11
20 Day Low58.99
52 Week High81.55
52 Week Low48.96
CS1 End57.22
CR1 Start72.12
Volume & EV
DER(3)-1.12%
DER(5)-1.37%
Volume12.73M
Volume Incr57.7%
Vol(5)8.23M
Vol(50)5.65M