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 AnalystHold
Rating3/10
Generated at:2026-06-04 17:40:44
Analysis based on real-time data for WDC from US Stock Market (NASDAQ). Data analysis range: 2026-03-11 to 2026-06-04 (86 calendar days, 60 trading days). Analysis date: 2026-06-05 based on data up to 2026-06-04. Chip distribution data is estimate derived from statistical analysis of historical OHLC and turnover/volume data, modeling trading concentration to infer cost bases.
Insight

WDC is in a powerful bullish trend but shows overbought signals and risk of correction, warranting a cautious hold approach.

Resistance
602.54
Support
249.06
Support and resistance are estimated from the latest 60 sessions.
Strategy
  • Short-term:Neutral-to-bearish bias due to overbought pullback; watch for support above $562 (5-day MA) or break lower towards $536 (10-day MA); implement trailing stop-loss for existing positions.
  • Mid-term:Hold existing positions with protective stops; wait for healthy pullback to key support levels (e.g., 20-day MA near $508 or $530-$540 zone) for potential new entries; reassess trend after consolidation.
  • Long-term:Maintain positions if trend remains intact; consider entering on significant pullbacks to major support levels; monitor for trend continuation or reversal signals.

Moving averages

MA 5
562.02
MA 20
507.76
MA 60
398.25
Price
575.50
AI Analysis
  • Moving average structure is decisively bullish with short-term averages stacked above longer-term ones, forming a classic 'bullish alignment' or 'golden cross' pattern.
  • Current price of $575.50 is trading well above all key moving averages (MA_5: 562.02, MA_10: 536.73, MA_20: 507.76, MA_60: 398.25), confirming strength of uptrend.
  • The 60-day MA at $398.25 is significantly lower than current price, highlighting steepness of recent ascent.

Volume

Volume
6.46M
20D Avg
6.68M
Institution
-
Participation
-
AI Analysis
  • Volume has been key confirming factor in rally with significant spikes accompanying major up days.
  • High volume on upswings (e.g., 13.96M shares on 2026-03-17, 15.44M on 2026-05-01, 9.60M on 2026-05-11) confirms institutional or strong buying interest.
  • Volume on 2026-06-04 (6.46M) was above recent averages during pullback, suggesting active trading and potential profit-taking.
  • Volume on 2026-06-03 (7.77M shares) accompanied push to new high of $594.11.

MACD

MACD
41.70
Signal
36.96
Hist
4.75
Trend
-
AI Analysis
  • MACD indicator is strongly bullish with MACD line (41.70) well above signal line (36.96).
  • Positive histogram value of 4.75 indicates strong upward momentum.
  • Magnitude of MACD value is very high, which can sometimes precede momentum slowdown or consolidation.

Bollinger bands

Upper
588.85
Middle
507.76
Lower
426.66
Width
31.94%
AI Analysis
  • Price action is interacting with upper Bollinger Band, sign of strong momentum.
  • Latest close ($575.50) is between middle band ($507.76) and upper band ($588.85).
  • Price not consistently breaking above upper band suggests trend is powerful but not yet in parabolic 'blow-off' top phase.
  • Width of bands has expanded significantly from earlier in data period, indicating increased volatility accompanying price rise.

RSI

RSI(14)
72.90
RSI(6)
73.38
Overbought
70+
Oversold
30-
AI Analysis
  • RSI is signaling overbought condition with 14-period RSI at 72.90 and 6-period RSI at 73.38.
  • RSI above 70 traditionally suggests asset may be overbought and could be due for pullback or consolidation.
  • This is critical warning sign amidst strong bullish trend.

KDJ

K
84.45
D
81.60
J
90.15
Trend
-
AI Analysis
  • KDJ is in overbought territory with K value (84.45) and D value (81.60) both above 80.
  • J value is at extreme 90.15.
  • Reinforces RSI's message that short-term buying pressure is excessive.

Chip distribution

How chip distribution helps you?
Chip distribution summary
  • Estimated chip distribution shows high profit ratio of 79.88% with current price near upper edge of cost concentration, increasing susceptibility to profit-taking.
  • Estimated chip distribution shows high profit ratio of 79.88%, meaning nearly 80% of estimated outstanding shares are held at profit based on current price.
  • Average estimated cost is $535.02.
  • 70% cost concentration range is between $467.50 and $581.22 (spread of 10.84%).
  • 90% cost concentration range is between $435.52 and $588.33 (spread of 14.93%).
  • Indicates relatively wide but elevated cost base.
  • Current price ($575.50) is near top of 70% concentration range and within 90% range.
  • Suggests most holders are in profit but stock is trading near upper edge of recent cost distribution.
  • Makes stock susceptible to profit-taking if momentum falters as those who bought at lower levels may look to realize gains.
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.