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 $447.67 and stabilize above resistance $520.

Invalidation Trigger

Break above $520 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 39.8, MACD -1.119

Daily
Volatility EnvironmentBearish
High volatility

ATR is $25.01 (6.02%)

Daily

EMA Structure

Bearish
EMA 8$439.17Bearish
EMA 21$447.67Bearish
EMA 50$465.29Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.8 · MACD -1.119

Momentum is weak

Strength
Bearish
Volatility
ATR $25.01 · BB 19.34%

High volatility

Strength
Bearish
Volume
MFI 49.6 · OBV 1.28%

Relative to 20-period average volume

Strength
Range
Price Levels
$396.57 - $520

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+31.24% · 5.2 ATR above latest close

$545.01
Nearest resistance

+25.21% · 4.2 ATR above · 34-bar high

$520
Current price

Price shown is delayed

$415.29
Nearest support

-4.51% · 0.7 ATR below · 34-bar low

$396.57
Deeper support zone

-10.53% · 1.7 ATR below latest close

$371.56
ATR zone

Latest close ± ATR14

$390.28 - $440.3

Indicators

Trend

Dow Theory Structure

Confirmation $407.12, invalidation $465.9

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

Trend strength is moderate

11.5 / 16.2 / 15.1Bullish
Supertrend (10,3)

Price is above Supertrend

$330.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$441.07 / $488.28Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Volatility

ATR (14)

High volatility

$25.01 (6.02%)Bearish
Bollinger Bands (20,2)

Width 19.34%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$501.67 / $392.48Bearish
ATR channel lower / upper

Current Volatility Envelope

$390.28 / $440.3Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$520Range
Support

Nearest Downside Decision Level

$396.57Range

Momentum

RSI (14)

Momentum is weak

39.8Bearish
MACD (12,26,9)

Histogram is negative

-1.119Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.7 / 42.5Bearish
Williams %R (14)

Neutral zone

-76.3Range
CCI (20)

Weak expansion

-131.6Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.6Range
OBV slope

20-period OBV slope

1.28%Bullish
Volume ratio

Relative to 20-period average volume

3.69xBullish

Trend

Dow Theory Structure

Confirmation $407.12, invalidation $465.9

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

Trend strength is moderate

11.5 / 16.2 / 15.1Bullish
Supertrend (10,3)

Price is above Supertrend

$330.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$441.07 / $488.28Bearish
Donchian Channel (20)

20-period breakout channel position

19%Bearish

Momentum

RSI (14)

Momentum is weak

39.8Bearish
MACD (12,26,9)

Histogram is negative

-1.119Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.7 / 42.5Bearish
Williams %R (14)

Neutral zone

-76.3Range
CCI (20)

Weak expansion

-131.6Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$25.01 (6.02%)Bearish
Bollinger Bands (20,2)

Width 19.34%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$501.67 / $392.48Bearish
ATR channel lower / upper

Current Volatility Envelope

$390.28 / $440.3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.6Range
OBV slope

20-period OBV slope

1.28%Bullish
Volume ratio

Relative to 20-period average volume

3.69xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$520Range
Support

Nearest Downside Decision Level

$396.57Range

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