US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

12 hoursBearish67%
12h Downside probability 67%Bearish

WDC 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $481.57 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

12h
Momentum StateBearish
Momentum soft

RSI 43.5, MACD -1.519

12h
Volatility EnvironmentBearish
High volatility

ATR is $27.59 (5.99%)

12h

EMA Structure

Bearish
EMA 8$474.72Bearish
EMA 21$481.57Bearish
EMA 50$498.08Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.5 · MACD -1.519

Momentum is weak

Strength
Bearish
Volatility
ATR $27.59 · BB 25.04%

High volatility

Strength
Bearish
Volume
MFI 59.6 · OBV 105.93%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$407.48 - $580

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+32% · 5.3 ATR above latest close

$607.59
Nearest resistance

+26% · 4.3 ATR above · 34-bar high

$580
Current price

Price shown is delayed

$460.3
Nearest support

-11.48% · 1.9 ATR below · 34-bar low

$407.48
Deeper support zone

-17.47% · 2.9 ATR below latest close

$379.88
ATR zone

Latest close ± ATR14

$432.71 - $487.89

Indicators

Trend

Dow Theory Structure

Confirmation $407.48, invalidation $548.6

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

Trend strength is active

31.3 / 23.6 / 21.5Bullish
Supertrend (10,3)

Price is above Supertrend

$383.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$493.03 / $493.74Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Volatility

ATR (14)

High volatility

$27.59 (5.99%)Bearish
Bollinger Bands (20,2)

Width 25.04%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$536.6 / $425.66Bearish
ATR channel lower / upper

Current Volatility Envelope

$432.71 / $487.89Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$580Range
Support

Nearest Downside Decision Level

$407.48Range

Momentum

RSI (14)

Momentum is weak

43.5Bearish
MACD (12,26,9)

Histogram is negative

-1.519Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.5 / 20.4Bearish
Williams %R (14)

Oversold zone

-87.5Bullish
CCI (20)

Balanced zone

-30.1Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

59.6Bullish
OBV slope

20-period OBV slope

105.93%Bullish
Volume ratio

Relative to 20-period average volume

1.04xRange

Trend

Dow Theory Structure

Confirmation $407.48, invalidation $548.6

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

Trend strength is active

31.3 / 23.6 / 21.5Bullish
Supertrend (10,3)

Price is above Supertrend

$383.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

$493.03 / $493.74Bearish
Donchian Channel (20)

20-period breakout channel position

29%Bearish

Momentum

RSI (14)

Momentum is weak

43.5Bearish
MACD (12,26,9)

Histogram is negative

-1.519Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.5 / 20.4Bearish
Williams %R (14)

Oversold zone

-87.5Bullish
CCI (20)

Balanced zone

-30.1Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

High volatility

$27.59 (5.99%)Bearish
Bollinger Bands (20,2)

Width 25.04%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$536.6 / $425.66Bearish
ATR channel lower / upper

Current Volatility Envelope

$432.71 / $487.89Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

59.6Bullish
OBV slope

20-period OBV slope

105.93%Bullish
Volume ratio

Relative to 20-period average volume

1.04xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$580Range
Support

Nearest Downside Decision Level

$407.48Range

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