Logo image of WDC

WESTERN DIGITAL CORP (WDC) Stock Technical Analysis

NASDAQ:WDC - Nasdaq - US9581021055 - Common Stock

67.43  +2.39 (+3.67%)

After market: 67.55 +0.12 (+0.18%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to WDC. WDC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

In the last month WDC has a been trading in the 58.82 - 68.19 range, which is quite wide. It is currently trading near the high of this range.
WDC has an average volume of 5250740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, WDC outperforms 58% of them, which is more or less in line with the market.
WDC is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, WDC did better than 45% of them.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
WDC Weekly chart
WDC Daily chart
Setup Rating and Analysis

3

WDC has an average technical rating and it also does not offer a high 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

59.02

74.16

We found 2 important support areas.

  • A support zone ranging from 62.01 to 64.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 59.62 to 60.77. 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 70.68 to 71.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 72.99 to 73.43. 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
CRS58.95
Mansfield-0.84
10 Day High68.19
10 Day Low61.29
20 Day High68.19
20 Day Low58.82
52 Week High81.55
52 Week Low52.77
Performance
1 Week8.72%
2 Weeks5.24%
1 Month6.12%
3 Month-2.91%
6 Month-1.22%
12 Month15.8%
2 Year53.42%
3 Year30.32%
5 Year2.95%
10 Year-30.65%
15 Year77.49%
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)59.63
LBB59.25
UBB67.71
WDC Daily chart

WESTERN DIGITAL CORP

NASDAQ:WDC (1/21/2025, 6:31:38 PM)

After market: 67.55 +0.12 (+0.18%)

67.43

+2.39 (+3.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg3.67%
1 Week8.72%
2 Weeks5.24%
1 Month6.12%
3 Month-2.91%
6 Month-1.22%
12 Month15.8%
2 Year53.42%
3 Year30.32%
5 Year2.95%
10 Year-30.65%
15 Year77.49%
Volatility
ATR(14)2.22
ATR(20)%3.11%
ATR Inc44.76%
Range Today2.89
ADR(20)1.83
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.95
Mansfield-0.84
10 Day High68.19
10 Day Low61.29
20 Day High68.19
20 Day Low58.82
52 Week High81.55
52 Week Low52.77
CS1 End64.35
CR1 Start70.68
Volume & EV
DER(3)-2.07%
DER(5)-0.77%
Volume7.03M
Volume Incr2.23%
Vol(5)5.78M
Vol(50)5.25M