US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

12 hoursBearish70%
12h Downside probability 70%Bearish

WDC 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $364.33 and stabilize above resistance $465.46.

Invalidation Trigger

Break above $465.46 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateRange
Momentum mixed

RSI 40.1, MACD 1.570

12h
Volatility EnvironmentBearish
High volatility

ATR is $18.8 (5.5%)

12h

EMA Structure

Bearish
EMA 8$351Bearish
EMA 21$364.33Bearish
EMA 50$393.26Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.1 · MACD 1.570

Momentum is weak

Strength
Range
Volatility
ATR $18.8 · BB 19.95%

High volatility

Strength
Bearish
Volume
MFI 70.8 · OBV -8.41%

Relative to 20-period average volume

Strength
Range
Price Levels
$325.01 - $465.46

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+41.55% · 7.6 ATR above latest close

$484.26
Nearest resistance

+36.06% · 6.6 ATR above · 34-bar high

$465.46
Current price

Price shown is delayed

$342.1
Nearest support

-5% · 0.9 ATR below · 34-bar low

$325.01
Deeper support zone

-10.49% · 1.9 ATR below latest close

$306.21
ATR zone

Latest close ± ATR14

$323.3 - $360.9

Indicators

Trend

Dow Theory Structure

Confirmation $384.05, invalidation $327.3

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

54.5 / 21.1 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$290.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$361.99 / $400.01Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Volatility

ATR (14)

High volatility

$18.8 (5.5%)Bearish
Bollinger Bands (20,2)

Width 19.95%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$401.64 / $324.68Bearish
ATR channel lower / upper

Current Volatility Envelope

$323.3 / $360.9Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$465.46Range
Support

Nearest Downside Decision Level

$325.01Range

Momentum

RSI (14)

Momentum is weak

40.1Bearish
MACD (12,26,9)

Histogram is positive

1.570Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.9 / 23.8Bullish
Williams %R (14)

Neutral zone

-71.1Range
CCI (20)

Balanced zone

-61.2Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

70.8Bullish
OBV slope

20-period OBV slope

-8.41%Bearish
Volume ratio

Relative to 20-period average volume

2.68xBullish

Trend

Dow Theory Structure

Confirmation $384.05, invalidation $327.3

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

54.5 / 21.1 / 27.4Bearish
Supertrend (10,3)

Price is above Supertrend

$290.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$361.99 / $400.01Bearish
Donchian Channel (20)

20-period breakout channel position

23%Bearish

Momentum

RSI (14)

Momentum is weak

40.1Bearish
MACD (12,26,9)

Histogram is positive

1.570Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.9 / 23.8Bullish
Williams %R (14)

Neutral zone

-71.1Range
CCI (20)

Balanced zone

-61.2Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$18.8 (5.5%)Bearish
Bollinger Bands (20,2)

Width 19.95%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$401.64 / $324.68Bearish
ATR channel lower / upper

Current Volatility Envelope

$323.3 / $360.9Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

70.8Bullish
OBV slope

20-period OBV slope

-8.41%Bearish
Volume ratio

Relative to 20-period average volume

2.68xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$465.46Range
Support

Nearest Downside Decision Level

$325.01Range

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