Western Digital (WDC) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for WDC · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$548.56last close · Aug 4, 202652-week range $73.14 – $799.87 · 31.42% below the high

WDC Rising Wedge Pattern

WDC is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge usually breaks lower, but WDC is breaking higher out of it instead — a notably bullish turn. A breakout projects a measured-move target near $239.78 (+32.6%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; WDC's own rising wedges have hit 47.1%.

DirectionBullishTarget$239.78Projected move+32.6%Breakout level$196.35

New to this pattern? What a rising wedge is and how to trade it →

WDC's Most Recent Rising Wedge Trade

WDC's most recent completed rising wedge (which broke against type) resolved as a win: it broke higher on Jan 6, 2026 near $196.63, then reached its target at $260.19 on Feb 5, 2026 — a +2.51R move (32.3%) over 21 sessions. Across 140 backtested rising wedges, this setup wins 47.9% of the time.

OutcomeWinResult+2.51REntry$196.63Exit$260.19

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
WDC win rate
47.1%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

WDC Pattern Trade History

Every completed pattern trade our nightly backtest found on WDC's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJan 6, 2026 @ $196.63Feb 5, 2026 @ $260.19Win+2.51R
Bullish PennantJan 2, 2026 @ $186.87Feb 5, 2026 @ $260.19Win+4.70R
TriangleOct 23, 2025 @ $125.65Nov 13, 2025 @ $157.16Win+3.74R
TriangleFeb 10, 2025 @ $50.75Mar 4, 2025 @ $44.63Loss-1.52R
Rising WedgeNov 5, 2024 @ $49.51Nov 26, 2024 @ $55.19Loss-1.31R
Rising WedgeOct 3, 2024 @ $49.89Nov 26, 2024 @ $55.19Loss-1.29R
TriangleJul 17, 2024 @ $57.06Jul 18, 2024 @ $53.96Win+0.84R
Rising WedgeJun 20, 2024 @ $58.74Jul 17, 2024 @ $54.91Win+1.32R
TriangleMay 28, 2024 @ $57.26Jul 18, 2024 @ $53.09Loss-1.21R
Rising WedgeDec 6, 2022 @ $26.19Jan 23, 2023 @ $31.59Loss-1.13R
Rising WedgeNov 29, 2022 @ $27.19Jan 9, 2023 @ $28.41Loss-1.08R
TriangleNov 8, 2022 @ $27.88Dec 15, 2022 @ $24.35Loss-1.21R

WDC Support and Resistance Levels

Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.

  • Much of the time charts simply drift between levels; the best reads are worth waiting for.
  • Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.

Nearest auto-detected support sits near $496.70. These are chart/swing-derived levels, not formula pivots.

Support
$496.70

WDC Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$555.01$559.84$537.29$548.56
Aug 3, 2026$524.36$539.43$501.27$527.22
Jul 31, 2026$569.11$580.00$530.55$544.84
Jul 30, 2026$511.65$547.07$507.00$533.04
Jul 29, 2026$480.40$499.19$456.72$462.04
Jul 28, 2026$466.09$467.26$422.11$463.51
Jul 27, 2026$523.00$531.29$471.32$497.92
Jul 24, 2026$538.50$552.00$509.56$519.80
Jul 23, 2026$555.72$576.37$554.00$558.30
Jul 22, 2026$525.74$564.43$525.02$556.67

WDC Frequently Asked Questions

What chart pattern is WDC forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Western Digital (WDC) on the daily chart, with a measured-move target of $239.78.
Is a rising wedge bullish or bearish?
The rising wedge detected on WDC is a bullish pattern, projecting a measured-move target of $239.78. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for WDC?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), WDC's nearest support is around $496.70 and nearest resistance around n/a.
What is the price target if WDC's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $239.78 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was WDC's closing price on Aug 4, 2026?
Western Digital (WDC) last closed at $548.56 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.