US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

1 dayBearish78%
Daily Downside probability 78%Bearish

WDC 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $488.61 and stabilize above resistance $601.5.

Invalidation Trigger

Break above $601.5 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 44.1, MACD 0.604

Daily
Volatility EnvironmentBearish
High volatility

ATR is $36.68 (7.98%)

Daily

EMA Structure

Bearish
EMA 8$472.99Bearish
EMA 21$488.61Bearish
EMA 50$505.23Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.1 · MACD 0.604

Momentum is weak

Strength
Bearish
Volatility
ATR $36.68 · BB 30.87%

High volatility

Strength
Bearish
Volume
MFI 32.4 · OBV -1.16%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$407.48 - $601.5

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+38.9% · 4.9 ATR above latest close

$638.18
Nearest resistance

+30.92% · 3.9 ATR above · 34-bar high

$601.5
Current price

Price shown is delayed

$459.44
Nearest support

-11.31% · 1.4 ATR below · 34-bar low

$407.48
Deeper support zone

-19.29% · 2.4 ATR below latest close

$370.79
ATR zone

Latest close ± ATR14

$422.76 - $496.12

Indicators

Trend

Dow Theory Structure

Confirmation $534.82, invalidation $453.7

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

Trend strength is moderate

16.5 / 19.9 / 38.0Bearish
Supertrend (10,3)

Price is above Supertrend

$373.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$493.29 / $603.67Bearish
Donchian Channel (20)

20-period breakout channel position

30%Bearish

Volatility

ATR (14)

High volatility

$36.68 (7.98%)Bearish
Bollinger Bands (20,2)

Width 30.87%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$549.37 / $425.36Bearish
ATR channel lower / upper

Current Volatility Envelope

$422.76 / $496.12Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$601.5Range
Support

Nearest Downside Decision Level

$407.48Range

Momentum

RSI (14)

Momentum is weak

44.1Bearish
MACD (12,26,9)

Histogram is positive

0.604Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.1 / 35.3Bearish
Williams %R (14)

Neutral zone

-66.9Range
CCI (20)

Balanced zone

-41.3Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.4Bearish
OBV slope

20-period OBV slope

-1.16%Bearish
Volume ratio

Relative to 20-period average volume

0.61xBearish

Trend

Dow Theory Structure

Confirmation $534.82, invalidation $453.7

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

Trend strength is moderate

16.5 / 19.9 / 38.0Bearish
Supertrend (10,3)

Price is above Supertrend

$373.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$493.29 / $603.67Bearish
Donchian Channel (20)

20-period breakout channel position

30%Bearish

Momentum

RSI (14)

Momentum is weak

44.1Bearish
MACD (12,26,9)

Histogram is positive

0.604Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.1 / 35.3Bearish
Williams %R (14)

Neutral zone

-66.9Range
CCI (20)

Balanced zone

-41.3Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$36.68 (7.98%)Bearish
Bollinger Bands (20,2)

Width 30.87%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$549.37 / $425.36Bearish
ATR channel lower / upper

Current Volatility Envelope

$422.76 / $496.12Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

32.4Bearish
OBV slope

20-period OBV slope

-1.16%Bearish
Volume ratio

Relative to 20-period average volume

0.61xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$601.5Range
Support

Nearest Downside Decision Level

$407.48Range

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