USA - NASDAQ:WDC - US9581021055 - Common Stock
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 offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
96.90
2 important support areas can be observed.
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 | 96.45 | POSITIVE | WDC has a high relative strength, it outperformed 96.45% 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) | 72.7 | OVERBOUGHT | The high RSI value suggests WDC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.51 | POSITIVE | The MACD value suggests WDC has a positive trend. |
| Stochastics (14,3) | 82.59 | OVERBOUGHT | The high Stochastics value suggests WDC may be overbought. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for WDC suggests high volalility. |
| Average Directional Index/ADX (14) | 40.92 | POSITIVE | The high ADX value value for WDC suggests a strong trend. |
150.21
+12.08 (+8.75%)
ChartMill assigns a technical rating of 10 / 10 to WDC.
The current trend direction for WESTERN DIGITAL CORP (WDC) is Bullish.
WESTERN DIGITAL CORP (WDC) has an RSI value of 72.6979. This indicates that the stock is currently overbought.
The MACD indicator for WESTERN DIGITAL CORP (WDC) has a value of 1.50834, indicating a bullish trend.
WESTERN DIGITAL CORP (WDC) has a support level at 126.65. Check the full technical report for our detailed analysis of WDC support and resistance levels.