US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

12 hoursBearish65%
12h Downside probability 65%Bearish

WDC 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $311.75 and stabilize above resistance $402.23.

Invalidation Trigger

Break above $402.23 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateRange
Momentum mixed

RSI 47.6, MACD 3.963

12h
Volatility EnvironmentBearish
High volatility

ATR is $20.4 (6.54%)

12h

EMA Structure

Bearish
EMA 8$300.79Bullish
EMA 21$311.75Bearish
EMA 50$342.21Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.6 · MACD 3.963

Neutral zone

Strength
Range
Volatility
ATR $20.4 · BB 43.32%

High volatility

Strength
Bearish
Volume
MFI 36.5 · OBV -28.36%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$255.6 - $402.23

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+35.59% · 5.4 ATR above latest close

$422.63
Nearest resistance

+29.04% · 4.4 ATR above · 34-bar high

$402.23
Current price

Price shown is delayed

$311.7
Nearest support

-18% · 2.7 ATR below · 34-bar low

$255.6
Deeper support zone

-24.54% · 3.7 ATR below latest close

$235.2
ATR zone

Latest close ± ATR14

$291.3 - $332.1

Indicators

Trend

Dow Theory Structure

Confirmation $255.6, invalidation $318.71

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

Trend strength is active

47.5 / 19.8 / 34.9Bearish
Supertrend (10,3)

Price is above Supertrend

$255.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$308.03 / $331.53Bearish
Donchian Channel (20)

20-period breakout channel position

46%Range

Volatility

ATR (14)

High volatility

$20.4 (6.54%)Bearish
Bollinger Bands (20,2)

Width 43.32%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$344.25 / $276.93Bearish
ATR channel lower / upper

Current Volatility Envelope

$291.3 / $332.1Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$402.23Range
Support

Nearest Downside Decision Level

$255.6Range

Momentum

RSI (14)

Neutral zone

47.6Range
MACD (12,26,9)

Histogram is positive

3.963Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

62.8 / 53.9Bullish
Williams %R (14)

Neutral zone

-37.2Range
CCI (20)

Balanced zone

-7.6Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.5Bearish
OBV slope

20-period OBV slope

-28.36%Bearish
Volume ratio

Relative to 20-period average volume

1.26xBullish

Trend

Dow Theory Structure

Confirmation $255.6, invalidation $318.71

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

Trend strength is active

47.5 / 19.8 / 34.9Bearish
Supertrend (10,3)

Price is above Supertrend

$255.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

$308.03 / $331.53Bearish
Donchian Channel (20)

20-period breakout channel position

46%Range

Momentum

RSI (14)

Neutral zone

47.6Range
MACD (12,26,9)

Histogram is positive

3.963Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

62.8 / 53.9Bullish
Williams %R (14)

Neutral zone

-37.2Range
CCI (20)

Balanced zone

-7.6Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

High volatility

$20.4 (6.54%)Bearish
Bollinger Bands (20,2)

Width 43.32%

51%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$344.25 / $276.93Bearish
ATR channel lower / upper

Current Volatility Envelope

$291.3 / $332.1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

36.5Bearish
OBV slope

20-period OBV slope

-28.36%Bearish
Volume ratio

Relative to 20-period average volume

1.26xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$402.23Range
Support

Nearest Downside Decision Level

$255.6Range

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