US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

1 hourBullish84%
1h Upside probability 84%Bullish

WDC 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $281.66 and reclaim $318.71.

Invalidation Trigger

Lose $281.66 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 58.5, MACD -0.141

1h
Volatility EnvironmentRange
Low volatility

ATR is $4.74 (1.52%)

1h

EMA Structure

Bullish
EMA 8$308.74Bullish
EMA 21$306.72Bullish
EMA 50$301.82Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.5 · MACD -0.141

Momentum is strong

Strength
Bullish
Volatility
ATR $4.74 · BB 6.39%

Low volatility

Strength
Range
Volume
MFI 72.4 · OBV 9.39%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$281.66 - $318.71

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.77% · 2.5 ATR above latest close

$323.45
Nearest resistance

+2.25% · 1.5 ATR above · 34-bar high

$318.71
Current price

Price shown is delayed

$311.7
Nearest support

-9.64% · 6.3 ATR below · 34-bar low

$281.66
Deeper support zone

-11.16% · 7.3 ATR below latest close

$276.92
ATR zone

Latest close ± ATR14

$306.96 - $316.44

Indicators

Trend

Dow Theory Structure

Confirmation $316.41, invalidation $307.06

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

42.6 / 27.6 / 30.0Bearish
Supertrend (10,3)

Price is above Supertrend

$296.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$306.33 / $298.11Bullish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Volatility

ATR (14)

Low volatility

$4.74 (1.52%)Range
Bollinger Bands (20,2)

Width 6.39%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$316.83 / $296.98Range
ATR channel lower / upper

Current Volatility Envelope

$306.96 / $316.44Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$318.71Range
Support

Nearest Downside Decision Level

$281.66Range

Momentum

RSI (14)

Momentum is strong

58.5Bullish
MACD (12,26,9)

Histogram is negative

-0.141Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

77.9 / 68.7Bullish
Williams %R (14)

Neutral zone

-22.1Range
CCI (20)

Balanced zone

56.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

72.4Bullish
OBV slope

20-period OBV slope

9.39%Bullish
Volume ratio

Relative to 20-period average volume

3.86xBullish

Trend

Dow Theory Structure

Confirmation $316.41, invalidation $307.06

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

42.6 / 27.6 / 30.0Bearish
Supertrend (10,3)

Price is above Supertrend

$296.94Bullish
Ichimoku Cloud

Cloud Span A / Span B

$306.33 / $298.11Bullish
Donchian Channel (20)

20-period breakout channel position

70%Bullish

Momentum

RSI (14)

Momentum is strong

58.5Bullish
MACD (12,26,9)

Histogram is negative

-0.141Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

77.9 / 68.7Bullish
Williams %R (14)

Neutral zone

-22.1Range
CCI (20)

Balanced zone

56.8Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$4.74 (1.52%)Range
Bollinger Bands (20,2)

Width 6.39%

69%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$316.83 / $296.98Range
ATR channel lower / upper

Current Volatility Envelope

$306.96 / $316.44Range

Volume / Money Flow

MFI (14)

Money flow is strong

72.4Bullish
OBV slope

20-period OBV slope

9.39%Bullish
Volume ratio

Relative to 20-period average volume

3.86xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$318.71Range
Support

Nearest Downside Decision Level

$281.66Range

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