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 $335.16 and stabilize above resistance $465.9.

Invalidation Trigger

Break above $465.9 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 41.0, MACD -0.226

Daily
Volatility EnvironmentBearish
High volatility

ATR is $26.17 (8.41%)

Daily

EMA Structure

Bearish
EMA 8$309.35Bullish
EMA 21$335.16Bearish
EMA 50$379.69Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.0 · MACD -0.226

Momentum is weak

Strength
Bearish
Volatility
ATR $26.17 · BB 46.89%

High volatility

Strength
Bearish
Volume
MFI 41.6 · OBV -6.27%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$258.61 - $465.9

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+58.11% · 6.9 ATR above latest close

$492.07
Nearest resistance

+49.71% · 5.9 ATR above · 34-bar high

$465.9
Current price

Price shown is delayed

$311.21
Nearest support

-16.9% · 2.0 ATR below · 34-bar low

$258.61
Deeper support zone

-25.31% · 3.0 ATR below latest close

$232.44
ATR zone

Latest close ± ATR14

$285.04 - $337.38

Indicators

Trend

Dow Theory Structure

Confirmation $258.61, invalidation $319

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

Trend strength is moderate

16.5 / 25.2 / 37.3Bearish
Supertrend (10,3)

Price is above Supertrend

$230.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$319.86 / $377.05Bearish
Donchian Channel (20)

20-period breakout channel position

37%Bearish

Volatility

ATR (14)

High volatility

$26.17 (8.41%)Bearish
Bollinger Bands (20,2)

Width 46.89%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$383.6 / $282.87Bearish
ATR channel lower / upper

Current Volatility Envelope

$285.04 / $337.38Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$465.9Range
Support

Nearest Downside Decision Level

$258.61Range

Momentum

RSI (14)

Momentum is weak

41.0Bearish
MACD (12,26,9)

Histogram is negative

-0.226Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.6 / 37.2Bearish
Williams %R (14)

Neutral zone

-63.4Range
CCI (20)

Balanced zone

-60.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

41.6Bearish
OBV slope

20-period OBV slope

-6.27%Bearish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Trend

Dow Theory Structure

Confirmation $258.61, invalidation $319

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

Trend strength is moderate

16.5 / 25.2 / 37.3Bearish
Supertrend (10,3)

Price is above Supertrend

$230.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$319.86 / $377.05Bearish
Donchian Channel (20)

20-period breakout channel position

37%Bearish

Momentum

RSI (14)

Momentum is weak

41.0Bearish
MACD (12,26,9)

Histogram is negative

-0.226Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.6 / 37.2Bearish
Williams %R (14)

Neutral zone

-63.4Range
CCI (20)

Balanced zone

-60.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$26.17 (8.41%)Bearish
Bollinger Bands (20,2)

Width 46.89%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$383.6 / $282.87Bearish
ATR channel lower / upper

Current Volatility Envelope

$285.04 / $337.38Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

41.6Bearish
OBV slope

20-period OBV slope

-6.27%Bearish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$465.9Range
Support

Nearest Downside Decision Level

$258.61Range

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