US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

1 dayBearish61%
Daily Downside probability 61%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 $531.66 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 47.2, MACD 1.235

Daily
Volatility EnvironmentBearish
High volatility

ATR is $48.09 (9.32%)

Daily

EMA Structure

Range
EMA 8$518.76Bearish
EMA 21$531.66Bearish
EMA 50$529.26Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.2 · MACD 1.235

Neutral zone

Strength
Bearish
Volatility
ATR $48.09 · BB 27.43%

High volatility

Strength
Bearish
Volume
MFI 54.5 · OBV 2.41%

Relative to 20-period average volume

Strength
Range
Price Levels
$422.11 - $799.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+64.37% · 6.9 ATR above latest close

$847.96
Nearest resistance

+55.05% · 5.9 ATR above · 34-bar high

$799.87
Current price

Price shown is delayed

$515.9
Nearest support

-18.18% · 2.0 ATR below · 34-bar low

$422.11
Deeper support zone

-27.5% · 3.0 ATR below latest close

$374.02
ATR zone

Latest close ± ATR14

$467.81 - $563.98

Indicators

Trend

Dow Theory Structure

Confirmation $580, invalidation $422.11

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

Trend strength is active

27.4 / 29.1 / 34.5Bearish
Supertrend (10,3)

Price is above Supertrend

$377.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$522.05 / $610.99Bearish
Donchian Channel (20)

20-period breakout channel position

52%Bearish

Volatility

ATR (14)

High volatility

$48.09 (9.32%)Bearish
Bollinger Bands (20,2)

Width 27.43%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$624.68 / $436.66Bearish
ATR channel lower / upper

Current Volatility Envelope

$467.81 / $563.98Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.87Range
Support

Nearest Downside Decision Level

$422.11Range

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is positive

1.235Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.4 / 66.1Bearish
Williams %R (14)

Neutral zone

-40.6Range
CCI (20)

Balanced zone

-21.7Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.5Range
OBV slope

20-period OBV slope

2.41%Bullish
Volume ratio

Relative to 20-period average volume

0.13xBearish

Trend

Dow Theory Structure

Confirmation $580, invalidation $422.11

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

Trend strength is active

27.4 / 29.1 / 34.5Bearish
Supertrend (10,3)

Price is above Supertrend

$377.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$522.05 / $610.99Bearish
Donchian Channel (20)

20-period breakout channel position

52%Bearish

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is positive

1.235Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.4 / 66.1Bearish
Williams %R (14)

Neutral zone

-40.6Range
CCI (20)

Balanced zone

-21.7Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$48.09 (9.32%)Bearish
Bollinger Bands (20,2)

Width 27.43%

43%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$624.68 / $436.66Bearish
ATR channel lower / upper

Current Volatility Envelope

$467.81 / $563.98Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.5Range
OBV slope

20-period OBV slope

2.41%Bullish
Volume ratio

Relative to 20-period average volume

0.13xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.87Range
Support

Nearest Downside Decision Level

$422.11Range

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