US stock / ETF

Warner Bros. Discovery, Inc. Series A

WBD · NASDAQ · USD

4 hoursBearish69%
4h Downside probability 69%Bearish

WBD 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $28.16 and stabilize above resistance $28.77.

Invalidation Trigger

Break above $28.77 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 42.8, MACD 0.009

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.1464 (0.52%)

4h

EMA Structure

Bearish
EMA 8$28.09Bearish
EMA 21$28.16Bearish
EMA 50$28.23Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.8 · MACD 0.009

Momentum is weak

Strength
Bearish
Volatility
ATR $0.1464 · BB 1.75%

Low volatility

Strength
Bullish
Volume
MFI 48.1 · OBV -0.99%

Relative to 20-period average volume

Strength
Range
Price Levels
$27.87 - $28.77

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+3.13% · 6.0 ATR above latest close

$28.92
Nearest resistance

+2.6% · 5.0 ATR above · 34-bar high

$28.77
Current price

Price shown is delayed

$28.04
Nearest support

-0.61% · 1.2 ATR below · 34-bar low

$27.87
Deeper support zone

-1.13% · 2.2 ATR below latest close

$27.72
ATR zone

Latest close ± ATR14

$27.89 - $28.19

Indicators

Trend

Dow Theory Structure

Confirmation $28.33, invalidation $27.91

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.6 / 25.9 / 22.4Bullish
Supertrend (10,3)

Price is above Supertrend

$27.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$28.22 / $28.43Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Volatility

ATR (14)

Low volatility

$0.1464 (0.52%)Bullish
Bollinger Bands (20,2)

Width 1.75%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$28.49 / $27.83Bullish
ATR channel lower / upper

Current Volatility Envelope

$27.89 / $28.19Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$28.77Range
Support

Nearest Downside Decision Level

$27.87Range

Momentum

RSI (14)

Momentum is weak

42.8Bearish
MACD (12,26,9)

Histogram is positive

0.009Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.6 / 32.8Bearish
Williams %R (14)

Neutral zone

-69.4Range
CCI (20)

Balanced zone

-50.5Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.1Range
OBV slope

20-period OBV slope

-0.99%Bearish
Volume ratio

Relative to 20-period average volume

1.66xBullish

Trend

Dow Theory Structure

Confirmation $28.33, invalidation $27.91

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

20.6 / 25.9 / 22.4Bullish
Supertrend (10,3)

Price is above Supertrend

$27.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$28.22 / $28.43Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Momentum

RSI (14)

Momentum is weak

42.8Bearish
MACD (12,26,9)

Histogram is positive

0.009Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.6 / 32.8Bearish
Williams %R (14)

Neutral zone

-69.4Range
CCI (20)

Balanced zone

-50.5Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$0.1464 (0.52%)Bullish
Bollinger Bands (20,2)

Width 1.75%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$28.49 / $27.83Bullish
ATR channel lower / upper

Current Volatility Envelope

$27.89 / $28.19Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.1Range
OBV slope

20-period OBV slope

-0.99%Bearish
Volume ratio

Relative to 20-period average volume

1.66xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$28.77Range
Support

Nearest Downside Decision Level

$27.87Range

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