US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

1 hourBearish86%
1h Downside probability 86%Bearish

WDC 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $530.92 and stabilize above resistance $580.

Invalidation Trigger

Break above $580 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 46.3, MACD -1.598

1h
Volatility EnvironmentRange
Medium volatility

ATR is $12.18 (2.32%)

1h

EMA Structure

Range
EMA 8$526.77Bearish
EMA 21$530.92Bearish
EMA 50$525.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 46.3 · MACD -1.598

Neutral zone

Strength
Bearish
Volatility
ATR $12.18 · BB 8.99%

Medium volatility

Strength
Range
Volume
MFI 34.5 · OBV -3.59%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$501.27 - $580

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.66% · 5.5 ATR above latest close

$592.18
Nearest resistance

+10.34% · 4.5 ATR above · 34-bar high

$580
Current price

Price shown is delayed

$525.64
Nearest support

-4.64% · 2.0 ATR below · 34-bar low

$501.27
Deeper support zone

-6.95% · 3.0 ATR below latest close

$489.09
ATR zone

Latest close ± ATR14

$513.46 - $537.82

Indicators

Trend

Dow Theory Structure

Confirmation $501.27, invalidation $539.43

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

Trend strength is moderate

12.7 / 27.6 / 28.8Bearish
Supertrend (10,3)

Price is above Supertrend

$487.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$531.85 / $512.89Bearish
Donchian Channel (20)

20-period breakout channel position

42%Bearish

Volatility

ATR (14)

Medium volatility

$12.18 (2.32%)Range
Bollinger Bands (20,2)

Width 8.99%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$555.68 / $505.96Range
ATR channel lower / upper

Current Volatility Envelope

$513.46 / $537.82Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$580Range
Support

Nearest Downside Decision Level

$501.27Range

Momentum

RSI (14)

Neutral zone

46.3Range
MACD (12,26,9)

Histogram is negative

-1.598Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.6 / 46.8Bearish
Williams %R (14)

Neutral zone

-57.4Range
CCI (20)

Balanced zone

-61.6Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.5Bearish
OBV slope

20-period OBV slope

-3.59%Bearish
Volume ratio

Relative to 20-period average volume

2.17xBullish

Trend

Dow Theory Structure

Confirmation $501.27, invalidation $539.43

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

Trend strength is moderate

12.7 / 27.6 / 28.8Bearish
Supertrend (10,3)

Price is above Supertrend

$487.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$531.85 / $512.89Bearish
Donchian Channel (20)

20-period breakout channel position

42%Bearish

Momentum

RSI (14)

Neutral zone

46.3Range
MACD (12,26,9)

Histogram is negative

-1.598Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.6 / 46.8Bearish
Williams %R (14)

Neutral zone

-57.4Range
CCI (20)

Balanced zone

-61.6Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$12.18 (2.32%)Range
Bollinger Bands (20,2)

Width 8.99%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$555.68 / $505.96Range
ATR channel lower / upper

Current Volatility Envelope

$513.46 / $537.82Range

Volume / Money Flow

MFI (14)

Money flow is weak

34.5Bearish
OBV slope

20-period OBV slope

-3.59%Bearish
Volume ratio

Relative to 20-period average volume

2.17xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$580Range
Support

Nearest Downside Decision Level

$501.27Range

Related Forecasts