USA - NASDAQ:WDC - US9581021055 - Common Stock
Overall WDC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WDC is showing a nice and steady performance.
WDC has an excellent technical rating, but the quality of the setup is only medium 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.
101.50
We found 3 important support areas.
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 | 97.76 | POSITIVE | WDC has a high relative strength, it outperformed 97.76% 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) | 60.97 | NEUTRAL | The RSI value for WDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests WDC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.05 | NEUTRAL | The Stochastics value for WDC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.53 | HIGH VOLATILITY | The high ATR as a percentage value for WDC suggests high volalility. |
| Average Directional Index/ADX (14) | 45.38 | POSITIVE | The high ADX value value for WDC suggests a strong trend. |
157.83
+0.67 (+0.43%)
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 60.9715. This indicates that the stock is currently neutral.
The MACD indicator for WESTERN DIGITAL CORP (WDC) has a value of 0.100585, indicating a bearish trend.
WESTERN DIGITAL CORP (WDC) has a support level at 157.82. Check the full technical report for our detailed analysis of WDC support and resistance levels.