Bullish Moving Average Cross by Western Digital (WDC)
Western Digital (NYSE:WDC) shares have crossed bullishly above their 10-day moving average of $46.22 on a volume of 2.8 million shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of Western Digital have traded between a low of $34.99 and a high of $99.93 and are now at $47.70, which is 36% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has slid 1.3%.
SmarTrend is monitoring the recent change of momentum in Western Digital. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Western Digital in search of a potential trend change.
Keywords: moving crosses western digital