US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

1 dayBearish82%
Daily Downside probability 82%Bearish

WDC 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $465.93 and stabilize above resistance $580.

Invalidation Trigger

Break above $580 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 43.8, MACD 1.839

Daily
Volatility EnvironmentBearish
High volatility

ATR is $23.32 (5.22%)

Daily

EMA Structure

Bearish
EMA 8$457.86Bearish
EMA 21$465.93Bearish
EMA 50$484.78Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.8 · MACD 1.839

Momentum is weak

Strength
Bearish
Volatility
ATR $23.32 · BB 17.68%

High volatility

Strength
Bearish
Volume
MFI 41.4 · OBV -4.81%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$407.48 - $580

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+34.92% · 6.7 ATR above latest close

$603.32
Nearest resistance

+29.7% · 5.7 ATR above · 34-bar high

$580
Current price

Price shown is delayed

$447.18
Nearest support

-8.88% · 1.7 ATR below · 34-bar low

$407.48
Deeper support zone

-14.09% · 2.7 ATR below latest close

$384.15
ATR zone

Latest close ± ATR14

$423.86 - $470.5

Indicators

Trend

Dow Theory Structure

Confirmation $495.49, invalidation $420.88

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

Trend strength is moderate

17.8 / 22.6 / 21.5Bullish
Supertrend (10,3)

Price is above Supertrend

$389.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$468.02 / $512.43Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Volatility

ATR (14)

High volatility

$23.32 (5.22%)Bearish
Bollinger Bands (20,2)

Width 17.68%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$510.33 / $419.89Bearish
ATR channel lower / upper

Current Volatility Envelope

$423.86 / $470.5Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$580Range
Support

Nearest Downside Decision Level

$407.48Range

Momentum

RSI (14)

Momentum is weak

43.8Bearish
MACD (12,26,9)

Histogram is positive

1.839Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.2 / 41.6Bearish
Williams %R (14)

Neutral zone

-64.8Range
CCI (20)

Balanced zone

-47.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

41.4Bearish
OBV slope

20-period OBV slope

-4.81%Bearish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Trend

Dow Theory Structure

Confirmation $495.49, invalidation $420.88

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

Trend strength is moderate

17.8 / 22.6 / 21.5Bullish
Supertrend (10,3)

Price is above Supertrend

$389.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$468.02 / $512.43Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Momentum

RSI (14)

Momentum is weak

43.8Bearish
MACD (12,26,9)

Histogram is positive

1.839Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.2 / 41.6Bearish
Williams %R (14)

Neutral zone

-64.8Range
CCI (20)

Balanced zone

-47.7Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$23.32 (5.22%)Bearish
Bollinger Bands (20,2)

Width 17.68%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$510.33 / $419.89Bearish
ATR channel lower / upper

Current Volatility Envelope

$423.86 / $470.5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

41.4Bearish
OBV slope

20-period OBV slope

-4.81%Bearish
Volume ratio

Relative to 20-period average volume

1.21xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$580Range
Support

Nearest Downside Decision Level

$407.48Range

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