Stock Analysis: Western Digital Corp (WDC)

Stock Analysis for Western Digital Corp (WDC)

The Interpreter
Hey Friend, I'm analysing WESTERN DIGITAL CORP (WDC), and it is between the Support of $ 71.90 (Pivot) and the Resistance of $ 76.06 (PivotR1). The stock is also approaching the line of Pivot at $ 71.90, and if it goes below this line it could reach the next Support of 200% of Fibonacci at $ 56.07.

Western Digital Corp (WDC)

$ 69.55 -0.5%

Last Close 24-Apr-24

Trade WDC Now

Supports

Next Support: $ 71.90

Pivot: $ 71.90
Fibonacci 200%: $ 56.07
Triangle Level (0): $ 49.77

Resistances

Next Resistance: $ 76.06

Pivot R1: $ 76.06

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 04 Apr 2024	Sell Price: 70.54	Loss: Close Day2 ($ 72.95)	Dark Cloud Cover	Sell
002 05 Mar 2024	Sell Price: 63.49	Loss: Close Day2 ($ 64.28)	Abandoned Baby	Sell
003 28 Feb 2024	Sell Price: 57.46	Loss: Close Day2 ($ 64.30)	Abandoned Baby	Sell
004 22 Feb 2024	Buy Price: 55.70	Profit: Close Day1 ($ 56.06)	Abandoned Baby	Buy
005 15 Feb 2024	Sell Price: 56.01	Profit: Close Day1 ($ 54.00)	Dark Cloud Cover	Sell
006 31 May 2023	Sell Price: 38.73	Profit: Open Day1 ($ 38.51)	Abandoned Baby	Sell
007 05 May 2023	Buy Price: 33.45	Profit: Close Day1 ($ 34.18)	Abandoned Baby	Buy
008One Year Average	Both Sides Result for 7 Signals	Loss: $ -6.72 ($ -0.96 / Signal) -12.5% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for WDC Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	69.74	SELL	2	69.35	BUY
3	68.84	BUY	3	69.11	BUY
5	68.18	BUY	5	69.04	BUY
8	69.07	BUY	8	69.27	BUY
13	70.49	SELL	13	69.38	BUY
21	70.25	SELL	21	68.78	BUY
34	67.15	BUY	34	67.16	BUY
55	63.63	BUY	55	64.49	BUY
90	59.70	BUY	90	60.78	BUY
200	50.81	BUY	200	53.71	BUY

Company Info +

Name & IPO

Western Digital Corp
IPO: 1991-01-31

Stock Ticker & Exchange

Ticker: WDCIndices: S&P 500,
Exchange: Nasdaq Nms - Global Market (US - USD)

Contact

Website: https://www.westerndigital.com/
Phone:

Stock Type

Common Stock

SIC Office

Technology ()

Industry

Computer Storage Devices

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.