
Western Digital (WDC) shares are extending gains on March 17 after reports that the company has effectively sold out its entire HDD capacity for the remainder of 2026. Despite this rally, however, WDC’s relative strength index (14-day) sits at about 64 only, indicating bullish momentum may not be out of juice just yet.
Versus the start of 2026, Western Digital stock is up more than 50% at the time of writing.