Western Digital Stock Is in Overbought Territory Ahead of Earnings. Is It Still Worth a Buy After Seagate’s Blowout?
Western Digital (WDC) shares extended gains on Wednesday after peer Seagate Technology (STX) issued an exceptional Q2 and upbeat guidance for the future. The rally pushed WDC’s relative strength index (14-day) to the 78 level, indicating overbought conditions that often precede a sharp pullback. More News from Barchart At the time of writing, Western Digital stock is trading at roughly 9x its price from April 2025. www.barchart.com Is It Too Late to Invest in Western Digital Stock? The fundamental bu ...