WESTERN DIGITAL CORP (WDC) Stock Technical Analysis
NASDAQ:WDC - Nasdaq - US9581021055 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to WDC. In the past year, WDC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, WDC is a bad performer in the overall market: 87% of all stocks are doing better.
WDC is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, of which 61% are performing better than WDC.
In the last month WDC has a been trading in the 39.90 - 51.59 range, which is quite wide. It is currently trading near the high of this range.
WDC has an average volume of 8112070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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.
WDC has an average technical rating and the quality of the presented setup is also not ideal 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
43.65
74.16
When analyzing the support we can see 2 important areas.
- A support zone ranging from 48.93 to 49.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @44.09 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 50.00 to 50.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @65.77 from a trend line in the weekly time frame.
- Resistance @73.43 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for WDC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WDC is up. |
| ChartMill Relative Strength | 13.48 | NEGATIVE | WDC has a low relative strength, it was outperformed by 86.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WDC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of WDC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WDC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.37 | NEUTRAL | The RSI value for WDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests WDC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.93 | NEUTRAL | The Stochastics value for WDC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for WDC suggests some volalility. |
| Average Directional Index/ADX (14) | 34.85 | POSITIVE | The high ADX value value for WDC suggests a strong trend. |
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)
NASDAQ:WDC (5/23/2025, 11:22:01 AM)
49.93
+0.09 (+0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0.18%
1 Week0.18%
2 Weeks12.51%
1 Month24.07%
3 Month-27.46%
6 Month-24.97%
12 Month-33.38%
2 Year28.69%
3 Year-17.88%
5 Year12.33%
10 Year-48.81%
15 Year43.18%
Volatility
ATR(14)1.6
ATR(20)%3.14%
ATR Inc22.77%
Range Today1.38
ADR(20)1.35
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.48
Mansfield-2.05
10 Day High51.59
10 Day Low43.88
20 Day High51.59
20 Day Low39.9
52 Week High81.55
52 Week Low28.83
CS1 End49.83
CR1 Start50
Volume & EV
DER(3)0.83%
DER(5)0.45%
Volume1.35M
Volume Incr-21.2%
Vol(5)5.65M
Vol(50)8.11M