Technical Analysis for WDC - Western Digital Corporation

Grade Last Price % Change Price Change
A 57.89 -0.96% -0.56
WDC closed down 0.96 percent on Monday, May 16, 2022, on 63 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Crossed Above 200 DMA Bullish -0.96%
Wide Bands Range Expansion -0.96%
Gapped Up Strength -0.96%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 4.21%
NR7 Range Contraction 4.21%
Wide Bands Range Expansion 4.21%
Gapped Down Weakness 4.21%
Fell Below 200 DMA Bearish 3.84%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible NR7 about 6 hours ago
Up 1% about 8 hours ago
10 DMA Support about 8 hours ago
60 Minute Opening Range Breakout about 8 hours ago
10 DMA Resistance about 9 hours ago

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Profile

Western Digital Corporation Description

Western Digital Corporation, through its subsidiaries, develops, manufactures, and sells storage products and solutions that enable people to create, manage, experience, and preserve digital content. It provides hard drives and solid-state hybrid drives for desktop and mobile personal computers (PCs); and hard drives and solid-state drives for performance enterprise and capacity enterprise markets. The company also offers drives used in consumer electronic solutions, such as digital video recorders, gaming consoles, set top boxes, camcorders, and entertainment and navigation systems in automobiles. In addition, it provides hard drives embedded into WD, HGST, and G-Technology branded external storage appliances with capacities ranging from 500 GB to 24 TB, as well as using various interfaces, such as USB 2.0, USB 3.0, external SATA, FireWire, Thunderbolt, and Ethernet network connections. The company sells its products to computer manufacturers, resellers, and retailers worldwide. It serves storage subsystem suppliers, Internet and social media infrastructure players, and PC and Mac providers. The company was founded in 1970 and is headquartered in Irvine, California.


Classification

Sector: Technology
Industry: Data Storage
Keywords: S&P 500 Computing Social Media Ethernet Digital Video Storage Products Usb Computer Hardware Hard Disk Drive Computer Data Storage Set Top Box Navigation Systems Set Top Boxes Digital Video Recorder Digital Video Recorders Computer Storage Devices Hybrid Drive System Suppliers

Is WDC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 78.19
52 Week Low 43.85
Average Volume 4,122,820
200-Day Moving Average 56.46
50-Day Moving Average 50.80
20-Day Moving Average 54.76
10-Day Moving Average 58.68
Average True Range 2.50
RSI 59.18
ADX 23.43
+DI 31.28
-DI 20.25
Chandelier Exit (Long, 3 ATRs) 55.75
Chandelier Exit (Short, 3 ATRs) 53.53
Upper Bollinger Bands 63.63
Lower Bollinger Band 45.89
Percent B (%b) 0.68
BandWidth 32.40
MACD Line 2.16
MACD Signal Line 2.10
MACD Histogram 0.0567
Fundamentals Value
Market Cap 17.61 Billion
Num Shares 304 Million
EPS -2.58
Price-to-Earnings (P/E) Ratio -22.42
Price-to-Sales 0.87
Price-to-Book 1.54
PEG Ratio 0.62
Dividend 2.00
Dividend Yield 3.45%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 60.42
Resistance 3 (R3) 60.52 59.78 60.00
Resistance 2 (R2) 59.78 59.14 59.73 59.86
Resistance 1 (R1) 58.84 58.74 58.47 58.73 59.72
Pivot Point 58.10 58.10 57.91 58.04 58.10
Support 1 (S1) 57.15 57.45 56.78 57.05 56.06
Support 2 (S2) 56.41 57.05 56.36 55.92
Support 3 (S3) 55.47 56.41 55.78
Support 4 (S4) 55.36