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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.NE●NEO
TechnologyComputer Hardware
$31.35
$2.70(7.93%)
Canadian Market opens in 23h 49m

Disclaimer for Technical Analysis Page

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: 44.58)
Trend Strength:Weak (ADX: 17.67)
Volatility:High (ATR: 2.86)
Support/Resistance:$27.62 – $40.37 (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): 44.58

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 65.17

Bullish
Buying momentum building without extremes.

Williams %R: -51.08

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -10.66

Strongly Bearish
Sharp downside momentum.

Takeaway:Western Digital Corp. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -1.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.67

Weak
Weak trend, market trading sideways.

ATR (14): 2.86

Medium
Medium volatility, healthy price movement.

CCI (14): -29.11

Bearish
Bearish, momentum remains under pressure.

Takeaway:Western Digital Corp. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$40.37
Middle Band (SMA 20)
$33.99
Lower Band
$27.62
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$39.34
Middle Line (EMA 20)
$33.61
Lower Channel
$27.88
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume121.47K
Money Flow Index56.28Neutral, balanced money flows with no clear signal.
Relative Vigor Index63.52Bullish, price momentum strongly favors buyers.

Overall Takeaway:WDC.NE shows bullish money flow, with volume and vigor supporting buyers.

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

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Western Digital Corp. are mixed, suggesting a Hold or wait-and-see approach.

(NEO: WDC.NE) Technical Analysis FAQ