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Western Digital Corp.

WDC.NE Technical Analysis Summary (NEO)

Analyze WDC.NE on the NEO with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

WDC.NENEO
TechnologyComputer Hardware
$26.86
$1.11(4.31%)
Canadian Market opens in 19h 5m

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

WDC.NE Technical Analysis Summary (NEO)

Western Digital Corp. (NEO: WDC.NE) stock currently shows a neutral trend on the NEO, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.05)
Trend Strength:Moderate (ADX: 20.03)
Volatility:High (ATR: 1.57)
Support/Resistance:$25.07 – $29.55 (Bollinger Bands)

Technical conditions suggest Western Digital Corp. on the NEO is awaiting a decisive move. This mix signals that Western Digital Corp. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 45.05

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.39

Bearish
Momentum remains weak below midpoint.

Williams %R: -61.07

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.83

Bearish
Selling pressure outweighs buying.

Takeaway:Western Digital Corp. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -1.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.03

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.57

Low
Low volatility, stable price action.

CCI (14): -31.46

Bearish
Bearish, momentum remains under pressure.

Takeaway:Western Digital Corp. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$29.55
Middle Band (SMA 20)
$27.31
Lower Band
$25.07
Current Position
Within Bands

Takeaway:Western Digital Corp. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$30.58
Middle Line (EMA 20)
$27.43
Lower Channel
$24.29
Squeeze Status
Squeeze On

Takeaway:Western Digital Corp. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume51.73K
Money Flow Index41.99Neutral, balanced money flows with no clear signal.
Relative Vigor Index61.62Bullish, price momentum strongly favors buyers.

Overall Takeaway:WDC.NE shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Western Digital Corp. (NEO: WDC.NE), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Western Digital Corp. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NEO: WDC.NE) Technical Analysis FAQ