US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

WDC 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $414.84 and stabilize above resistance $495.49.

Invalidation Trigger

Break above $495.49 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 32.5, MACD -6.559

Daily
Volatility EnvironmentBearish
High volatility

ATR is $22.52 (6.19%)

Daily

EMA Structure

Bearish
EMA 8$387.75Bearish
EMA 21$414.84Bearish
EMA 50$444.31Bearish

Signals

CategoryReadStrength
Momentum
RSI 32.5 · MACD -6.559

Momentum is weak

Strength
Bearish
Volatility
ATR $22.52 · BB 32.30%

High volatility

Strength
Bearish
Volume
MFI 19.9 · OBV -3.56%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$358.26 - $495.49

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+42.27% · 6.8 ATR above latest close

$518.01
Nearest resistance

+36.09% · 5.8 ATR above · 34-bar high

$495.49
Current price

Price shown is delayed

$364.1
Nearest support

-1.6% · 0.3 ATR below · 34-bar low

$358.26
Deeper support zone

-7.79% · 1.3 ATR below latest close

$335.74
ATR zone

Latest close ± ATR14

$341.58 - $386.62

Indicators

Trend

Dow Theory Structure

Confirmation $358.26, invalidation $465.9

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

29.2 / 7.1 / 39.3Bearish
Supertrend (10,3)

Price is above Supertrend

$298.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$408.25 / $461.46Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

High volatility

$22.52 (6.19%)Bearish
Bollinger Bands (20,2)

Width 32.30%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$462.38 / $364.37Bearish
ATR channel lower / upper

Current Volatility Envelope

$341.58 / $386.62Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$495.49Range
Support

Nearest Downside Decision Level

$358.26Range

Momentum

RSI (14)

Momentum is weak

32.5Bearish
MACD (12,26,9)

Histogram is negative

-6.559Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.4 / 10.2Bearish
Williams %R (14)

Oversold zone

-94.6Bullish
CCI (20)

Weak expansion

-123.0Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

19.9Bearish
OBV slope

20-period OBV slope

-3.56%Bearish
Volume ratio

Relative to 20-period average volume

0.93xRange

Trend

Dow Theory Structure

Confirmation $358.26, invalidation $465.9

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

29.2 / 7.1 / 39.3Bearish
Supertrend (10,3)

Price is above Supertrend

$298.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$408.25 / $461.46Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Momentum is weak

32.5Bearish
MACD (12,26,9)

Histogram is negative

-6.559Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.4 / 10.2Bearish
Williams %R (14)

Oversold zone

-94.6Bullish
CCI (20)

Weak expansion

-123.0Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volatility

ATR (14)

High volatility

$22.52 (6.19%)Bearish
Bollinger Bands (20,2)

Width 32.30%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$462.38 / $364.37Bearish
ATR channel lower / upper

Current Volatility Envelope

$341.58 / $386.62Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

19.9Bearish
OBV slope

20-period OBV slope

-3.56%Bearish
Volume ratio

Relative to 20-period average volume

0.93xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$495.49Range
Support

Nearest Downside Decision Level

$358.26Range

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