US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

1 hourRange50%
1h Range probability 100%Range

WDC 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Break either side of $327.3 - $384.05 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateRange
Momentum mixed

RSI 47.1, MACD 1.264

1h
Volatility EnvironmentRange
Medium volatility

ATR is $11.32 (3.24%)

1h

EMA Structure

Bearish
EMA 8$349.36Bullish
EMA 21$351.66Bearish
EMA 50$355.88Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.1 · MACD 1.264

Neutral zone

Strength
Range
Volatility
ATR $11.32 · BB 8.69%

Medium volatility

Strength
Range
Volume
MFI 79.1 · OBV -2.06%

Relative to 20-period average volume

Strength
Range
Price Levels
$327.3 - $384.05

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+13.03% · 4.0 ATR above latest close

$395.37
Nearest resistance

+9.79% · 3.0 ATR above · 34-bar high

$384.05
Current price

Price shown is delayed

$349.8
Nearest support

-6.43% · 2.0 ATR below · 34-bar low

$327.3
Deeper support zone

-9.67% · 3.0 ATR below latest close

$315.98
ATR zone

Latest close ± ATR14

$338.48 - $361.12

Indicators

Trend

Dow Theory Structure

Confirmation $356.81, invalidation $337

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

Trend strength is moderate

18.3 / 29.7 / 24.1Bullish
Supertrend (10,3)

Price is above Supertrend

$323.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$349.36 / $355.68Bearish
Donchian Channel (20)

20-period breakout channel position

53%Range

Volatility

ATR (14)

Medium volatility

$11.32 (3.24%)Range
Bollinger Bands (20,2)

Width 8.69%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$370.57 / $332.2Range
ATR channel lower / upper

Current Volatility Envelope

$338.48 / $361.12Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$384.05Range
Support

Nearest Downside Decision Level

$327.3Range

Momentum

RSI (14)

Neutral zone

47.1Range
MACD (12,26,9)

Histogram is positive

1.264Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

53.4 / 61.0Bearish
Williams %R (14)

Neutral zone

-46.6Range
CCI (20)

Balanced zone

25.0Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

79.1Bullish
OBV slope

20-period OBV slope

-2.06%Bearish
Volume ratio

Relative to 20-period average volume

1.18xBullish

Trend

Dow Theory Structure

Confirmation $356.81, invalidation $337

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

Trend strength is moderate

18.3 / 29.7 / 24.1Bullish
Supertrend (10,3)

Price is above Supertrend

$323.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$349.36 / $355.68Bearish
Donchian Channel (20)

20-period breakout channel position

53%Range

Momentum

RSI (14)

Neutral zone

47.1Range
MACD (12,26,9)

Histogram is positive

1.264Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

53.4 / 61.0Bearish
Williams %R (14)

Neutral zone

-46.6Range
CCI (20)

Balanced zone

25.0Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$11.32 (3.24%)Range
Bollinger Bands (20,2)

Width 8.69%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$370.57 / $332.2Range
ATR channel lower / upper

Current Volatility Envelope

$338.48 / $361.12Range

Volume / Money Flow

MFI (14)

Money flow is strong

79.1Bullish
OBV slope

20-period OBV slope

-2.06%Bearish
Volume ratio

Relative to 20-period average volume

1.18xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$384.05Range
Support

Nearest Downside Decision Level

$327.3Range

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