US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

1 dayBearish83%
Daily Downside probability 83%Bearish

WDC 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $583.1 and stabilize above resistance $799.87.

Invalidation Trigger

Break above $799.87 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 48.0, MACD -13.342

Daily
Volatility EnvironmentBearish
High volatility

ATR is $56.96 (10.15%)

Daily

EMA Structure

Range
EMA 8$569.55Bearish
EMA 21$583.1Bearish
EMA 50$541.41Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.0 · MACD -13.342

Neutral zone

Strength
Bearish
Volatility
ATR $56.96 · BB 41.77%

High volatility

Strength
Bearish
Volume
MFI 44.5 · OBV -0.61%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$480.87 - $799.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+52.71% · 5.2 ATR above latest close

$856.83
Nearest resistance

+42.56% · 4.2 ATR above · 34-bar high

$799.87
Current price

Price shown is delayed

$561.08
Nearest support

-14.3% · 1.4 ATR below · 34-bar low

$480.87
Deeper support zone

-24.45% · 2.4 ATR below latest close

$423.91
ATR zone

Latest close ± ATR14

$504.12 - $618.04

Indicators

Trend

Dow Theory Structure

Confirmation $510.37, invalidation $601.5

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

Trend strength is active

24.5 / 21.5 / 39.0Bearish
Supertrend (10,3)

Price is above Supertrend

$421.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$602.13 / $601.94Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Volatility

ATR (14)

High volatility

$56.96 (10.15%)Bearish
Bollinger Bands (20,2)

Width 41.77%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$681.73 / $485.13Bearish
ATR channel lower / upper

Current Volatility Envelope

$504.12 / $618.04Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.87Range
Support

Nearest Downside Decision Level

$480.87Range

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is negative

-13.342Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.2 / 21.3Bullish
Williams %R (14)

Neutral zone

-76.8Range
CCI (20)

Balanced zone

-69.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.5Bearish
OBV slope

20-period OBV slope

-0.61%Bearish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Trend

Dow Theory Structure

Confirmation $510.37, invalidation $601.5

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

Trend strength is active

24.5 / 21.5 / 39.0Bearish
Supertrend (10,3)

Price is above Supertrend

$421.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$602.13 / $601.94Bearish
Donchian Channel (20)

20-period breakout channel position

18%Bearish

Momentum

RSI (14)

Neutral zone

48.0Range
MACD (12,26,9)

Histogram is negative

-13.342Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.2 / 21.3Bullish
Williams %R (14)

Neutral zone

-76.8Range
CCI (20)

Balanced zone

-69.5Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$56.96 (10.15%)Bearish
Bollinger Bands (20,2)

Width 41.77%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$681.73 / $485.13Bearish
ATR channel lower / upper

Current Volatility Envelope

$504.12 / $618.04Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

44.5Bearish
OBV slope

20-period OBV slope

-0.61%Bearish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.87Range
Support

Nearest Downside Decision Level

$480.87Range

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