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Western Digital Corporation (WDC) Corporate Logo

Western Digital Corporation (WDC) Stock Price & Analysis

Market: NASDAQ • Sector: Technology • Industry: Computer Hardware

Western Digital Corporation (WDC) Profile & Business Summary

Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for computing devices, such as desktop and notebook personal computers (PCs), smart video systems, gaming consoles, and set top boxes; flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications; and flash-based memory wafers. The company also provides data center devices and solutions comprising enterprise helium hard drives; enterprise SSDs consisting of flash-based SSDs and software solutions for use in enterprise servers, online transactions, data analysis, and other enterprise applications; data center solutions for data storage systems and tiered storage models; and data storage platforms. In addition, it offers client solutions, such as external HDD storage products in mobile and desktop form; client portable SSDs; removable cards that are used in consumer devices comprising mobile phones, tablets, imaging systems, and cameras and smart video systems; universal serial bus flash drives for use in the computing and consumer markets; and wireless drive products used in-field back up of created content, as well as wireless streaming of high-definition movies, photos, music, and documents to tablets, smartphones, and PCs. The company sells its products under the G-Technology, SanDisk, and WD brands to original equipment manufacturers, distributors, dealers, resellers, and retailers. Western Digital Corporation was founded in 1970 and is headquartered in San Jose, California.

Key Information

Ticker WDC
Leadership Tiang Yew Tan
Exchange NASDAQ
Official Site https://www.westerndigital.com
CIK Number 0000106040
View SEC Filings

Market Trend Overview for WDC

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Current Market Context (Short-Term)

As of 2026-02-06 (ET), WDC is moving sideways. Price at 282.58 is moving between support near 237.58 and resistance near 296.50. There is no clear direction right now. View Support & Resistance from Options

Why the market looks this way?

Prices have moved back and forth over recent sessions without making steady progress. Trend signals have changed frequently, which suggests the market is stuck in a range. In this environment, chasing moves in either direction is less reliable.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-02-06 (ET)

As of 2026-02-06, WDC is moving sideways without a clear direction. Over the longer term, the trend remains bullish.

WDC last closed at 282.58. The price is about 13.2 ATR above its recent average price (261.76), and the market is currently in a sideways market without a clear direction.

The market is moving sideways, with no clear direction. Both upside and downside risks remain in play.

Trend Alignment Summary

Trend score: 35 out of 100. Overall alignment is unclear. The market is currently in a sideways market without a clear direction. The longer-term trend is still positive, but short-term signals are not yet confirming it.

Pullback Risk

Price is far from its recent average (about 13.2 ATR away). Chasing the move at this level carries a higher risk of a pullback.

Key Risk Level

A key downside level is near 175.58. If price falls below this area, the current upward trend would likely weaken or break.

Recent Trend Signal

A systematic trend-activation signal was most recently triggered on 2025-12-05, reflecting a technical shift toward positive directional alignment.

Unusual Price Movement

[2026-01-09] Moderate participation supported a steady price advance.

Recent Price Behavior

Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.

Overnight Positioning

Some late-day positioning was observed, but it lacked strong overnight commitment.

Short Interest & Covering Risk for WDC

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.50

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 9.97%
Short Positions Trend Not Increasing
Liquidity Trend (Average Daily Volume) 17.70%
20-Day Return 50.56%
Price vs 20-Day High Trading Near Highs

Short Exposure Percentile

Short interest is above its usual range, suggesting rising pressure on short positions, though not yet extreme. (Historical percentile: 72%)

Structure Analysis

WDC Short positioning looks normal. Current days to cover is 3.5 trading days, meaning short positions would unwind somewhat slower than average. Short covering is likely to have a normal impact on price moves.

Bull Trap Structural Risk

Risk Summary

No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.

Why Price Reactions May Be Stronger?

Short interest remains relatively low, limiting forced selling pressure. Current price strength appears broadly supported. As a result, similar news or market events could lead to price moves about 1× larger than usual.

Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-01-15 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

Analytical Modules