Should I Buy Western Digital Corp Stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. WDC has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.
WDC stock price ended at $49.99 on Friday, after rising 0.48%
The Western Digital Corp stock price increased by 0.48% on the last trading day (16 May 2025), rising from 50 to 49.99. Throughout the last trading session, the stock experienced a fluctuation of 1.46% , ranging from a day low of $49.54 to a day high of 50.265. The price has declined in 2 of the last 10 days, resulting in a total change of 11.86% during this period. On the last day, trading volume decrease by -3.29M shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 4.96M shares were traded, amounting to approximately 247.91M.
WDC Technical Signals
WDC(Western Digital Corp Corp) has 3 buy signals and 5 sell signals now. The current trend is downtrend starting from 2025-04-09. The total price change during this trend is +37.71%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of WDC over the last 5 trading days is 361.06M. Overall, the technical indicator signals lean more toward a Bearish outlook in the mid-term.
WDC Moving Average Analysis
Western Digital Corp's overall moving average trend leans more bullish as of Monday, May 19, 2025, with 1 negative signals and 3 positive signal. In the mid-term, the SMA_20 being above the SMA_60 signals a strong bullish trend. There will be some resistance from the lines at $50.95863666666666, and $53.504666666666665. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $42.72069666666667, and $40.17466666666667. A break-down below any of these levels will issue sell signals.
WDC Short Selling Analysis
The short sale ratio of Western Digital Corp(WDC) as of 12 May 2025 is 16.13%, rising from last trading day. With increasing price from 44.10 to 46.57. The short sell activity indicate that short sellers may be anticipating a price reversion.
Technical Signal
Technical Signals Summary
Sell
5
Buy
3
Moving Average
Swing
PositiveStock Price Above SMA_5
Short Term
PositiveSMA_5 Above SMA_20
Mid Term
PositiveSMA_20 Above SMA_60
Long Term
NegativeSMA_60 Below SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
3 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
Indicators
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
8.416
Bullish
Momentum (10 days)
MOM_10 > 0
5.3
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
2.394
Bullish
5 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
Indicators
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 > 70
74.421
Bearish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 > 80
96.4
Bearish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 > 100
129.498
Bearish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 80
100
Bearish
Williams %R (14 days)
WILLR_14 > -20
-2.841
Bearish
WDC Price Prediction & Forecast by Similar Chart Analysis
Based on historical patterns and backtesting of stocks with similar movements to Western Digital Corp(WDC), our algorithm predicts WDC's 1-month price at $45.34, with an -9.31%downwardshift. Using a similarity score up to 99.04%and other factors, This forecast updates weekly, adjusting for significant deviations.
Similar Chart
The price prediction chart for Western Digital Corp (WDC.O) stock, as of Sunday, May 18, 2025 , forecasts a -9.31% change over the next month, based on its high correlation with KKR.N stock patterns. The similarity between their price movements over the analyzed periods is 99.04%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
WDC
No Data
KKR
Down: -9.31%Similarity: 99.04%
Name
Similarity
Up/Down
KKR.N
99.04%
-9.31%
SDA.O
98.91%
+0.59%
INGN.O
98.90%
-28.81%
PSA.N
98.88%
+3.31%
EPC.N
98.83%
-6.02%
IPAR.O
98.77%
-1.61%
WDC Seasonality Analysis
Based on WDC's historical stock price data across all years, the probability of a positive return in May is72.73%, suggesting it maybe an ideal month to invest in WDC. In contrast,Januaryoffers the highest probability of positive returns at72.73%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.
Monthly Seasonality
The radar chart shows that buying Western Digital Corp (WDC.O) stock in January has the highest probability of a positive return (72.73%), while June has the lowest probability (30.00%).
Performance Seasonality
The chart shows Western Digital Corp. (WDC)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.
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FAQ
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