The move comes after a volatile stretch that included a June swing high and a July swing low.

The stock remains under pressure after pulling back sharply from its June peak. That weakness has pushed Western Digital below key short- and medium-term moving averages.

Investors are now watching whether selling pressure begins to ease or triggers another leg lower.

Earnings Beat Estimates

Western Digital last week reported fiscal fourth-quarter adjusted earnings of $3.56 per share, beating the Wall Street estimate of $3.29.