Western Digital Corporation(WDC) - Stock detail

Western Digital Corporation

US
WDC
Western Digital Corporation(Listing date: 06/01/2012)

Western Digital Corporation is a Delaware corporation. The company's mission is to unlock the potential of data by harnessing the possibilities of data usage. It is a leading developer, manufacturer, and supplier of data storage devices and solutions based on NAND flash and hard disk drive technologies. Driven by dedicated flash-based products and hard disk drive business units to advance storage technology, the company's extensive and ever-expanding product portfolio provides powerful Flash and HDD storage solutions for everyone from students, gamers, and home offices to large enterprises and public clouds to capture, preserve, access, and transform increasingly diverse data. The company has an extensive technology and product portfolio in Flash and HDD, targeting multiple end markets such as "Cloud", "Client", and "Consumer".

AI Technical AnalystSell
Rating2/10
Generated at:2026-03-06 16:41:22
Analysis period: 2025-12-09 to 2026-03-06 (88 calendar days, 60 trading days), data covers complete trading records for requested 60-day range, US stock market pricing in USD
Insight

Western Digital Corporation exhibits multiple bearish technical characteristics with clear downtrend across short-term timeframes and high-volume selling pressure indicating institutional distribution.

Resistance
309.90
Support
165.47
Support and resistance are estimated from the latest 60 sessions.
Strategy
  • Short-term:Sell existing positions and avoid new purchases; oversold conditions may produce temporary bounces but overall trend remains bearish with potential downside to $232-235 support.
  • Mid-term:Wait for clear technical reversal signals before considering entry; monitor for break above $260-265 resistance level for potential trend change.
  • Long-term:Re-evaluate position after 2-3 months; fundamental factors and market conditions may alter technical assessment over longer timeframe.

Moving averages

MA 5
257.25
MA 20
275.58
MA 60
232.40
Price
245.25
AI Analysis
  • Stock trading below all major moving averages except 60-day MA
  • Price ($245.25) below 5-day MA ($257.25) by 4.7%
  • Price below 10-day MA ($269.02) by 8.8%
  • Price below 20-day MA ($275.58) by 11.0%
  • Bearish alignment suggests strong selling pressure across multiple timeframes

Volume

Volume
6.31M
20D Avg
9.11M
Institution
-
Participation
-
AI Analysis
  • Recent volume patterns show elevated activity during decline
  • 2026-03-06: 6.31M shares (above recent average)
  • 5-day average volume: ~7.8M shares
  • Higher volume on down days suggests institutional selling pressure
  • Distribution pattern concerning for near-term price prospects

MACD

MACD
2.49
Signal
9.03
Hist
-6.54
Trend
-
AI Analysis
  • Negative MACD histogram (-6.5450) indicates bearish momentum
  • MACD line (2.4880) below signal line (9.0330)
  • Suggests weakening upward momentum
  • Indicates potential further downside pressure

Bollinger bands

Upper
302.84
Middle
275.58
Lower
248.31
Width
19.79%
AI Analysis
  • Trading near lower Bollinger Band ($248.31)
  • Current price at $245.25 sitting just below lower support level
  • Indicates stock is oversold relative to recent volatility range
  • Suggests potential for further downside if lower band is decisively broken

RSI

RSI(14)
43.29
RSI(6)
29.79
Overbought
70+
Oversold
30-
AI Analysis
  • RSI (14-period): 43.29 showing neutral-bearish momentum
  • RSI (6-period): 29.79 indicating oversold conditions
  • Oversold short-term RSI suggests potential for technical bounce
  • Not necessarily indicating trend reversal

KDJ

K
18.71
D
26.22
J
3.69
Trend
-
AI Analysis
  • Extremely low KDJ values indicate severely oversold conditions
  • K: 18.71
  • D: 26.22
  • J: 3.69
  • K below D indicates momentum remains bearish despite oversold readings

Chip distribution

How chip distribution helps you?
Chip distribution summary
  • Approximately 70% of holders are underwater with current price below the concentration band, creating potential selling pressure on bounce attempts.
  • Profit ratio: 9.72% (minority of holders still profitable)
  • Average cost: $272.34 (above current price)
  • 90% cost range: $188.28-$292.01
  • 70% cost range: $249.09-$286.65
  • Current price ($245.25) falling below concentration band
  • Significant portions of recent buyers are now underwater
  • May create selling pressure on any bounce attempts
No chart data

Data is estimated based on turnover rate, high, low, open, and close prices. Profit ratios may vary significantly across different brokerage tools.