We assign a technical rating of 10 out of 10 to WDC. Both in the recent history as in the last year, WDC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although WDC has an excellent technical rating, it does not present a decent entry opportunity 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
110.24
3 important support areas can be observed.
- Support @155.58 from a horizontal line in the daily time frame.
- Support @153.09 from a trend line in the daily time frame.
- Support @111.35 from a trend 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 | UP | POSITIVE | The long term trend for WDC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WDC is up. |
| ChartMill Relative Strength | 97.94 | POSITIVE | WDC has a high relative strength, it outperformed 97.94% 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) | UP | POSITIVE | The current price of WDC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.24 | NEUTRAL | The RSI value for WDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.46 | POSITIVE | The MACD value suggests WDC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.76 | OVERBOUGHT | The high Stochastics value suggests WDC may be overbought. |
| Average True Range in percent/ATR (20) | 6.12 | HIGH VOLATILITY | The high ATR as a percentage value for WDC suggests high volalility. |
| Average Directional Index/ADX (14) | 31.36 | POSITIVE | The high ADX value value for WDC suggests a strong trend. |
176.34
-10.86 (-5.8%)
WESTERN DIGITAL CORP / WDC FAQ
Can you provide the ChartMill technical rating for WESTERN DIGITAL CORP?
ChartMill assigns a technical rating of 10 / 10 to WDC.
Can you provide the trend direction for WESTERN DIGITAL CORP?
The current trend direction for WESTERN DIGITAL CORP (WDC) is Bullish.
Can you provide the RSI signal for WESTERN DIGITAL CORP?
WESTERN DIGITAL CORP (WDC) has an RSI value of 61.2352. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WESTERN DIGITAL CORP?
The MACD indicator for WESTERN DIGITAL CORP (WDC) has a value of 1.46421, indicating a bullish trend.
What is the support and resistance level for WDC stock?
WESTERN DIGITAL CORP (WDC) has a support level at 155.58. Check the full technical report for our detailed analysis of WDC support and resistance levels.