US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

1 hourBearish92%
1h Downside probability 92%Bearish

WDC 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $430.33 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

1h
Momentum StateBearish
Momentum soft

RSI 36.3, MACD -1.912

1h
Volatility EnvironmentRange
Medium volatility

ATR is $10.29 (2.47%)

1h

EMA Structure

Bearish
EMA 8$417.77Bearish
EMA 21$430.33Bearish
EMA 50$441.81Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.3 · MACD -1.912

Momentum is weak

Strength
Bearish
Volatility
ATR $10.29 · BB 20.44%

Medium volatility

Strength
Range
Volume
MFI 38.3 · OBV -7.42%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$398.3 - $465.46

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+14.34% · 5.8 ATR above latest close

$475.75
Nearest resistance

+11.86% · 4.8 ATR above · 34-bar high

$465.46
Current price

Price shown is delayed

$416.1
Nearest support

-4.28% · 1.7 ATR below · 34-bar low

$398.3
Deeper support zone

-6.75% · 2.7 ATR below latest close

$388.01
ATR zone

Latest close ± ATR14

$405.81 - $426.38

Indicators

Trend

Dow Theory Structure

Confirmation $398.3, invalidation $422.08

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

Trend strength is active

40.6 / 13.8 / 49.0Bearish
Supertrend (10,3)

Price is above Supertrend

$379.43Bullish
Ichimoku Cloud

Cloud Span A / Span B

$423.38 / $431.88Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Volatility

ATR (14)

Medium volatility

$10.29 (2.47%)Range
Bollinger Bands (20,2)

Width 20.44%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$453.42 / $405.75Range
ATR channel lower / upper

Current Volatility Envelope

$405.81 / $426.38Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$465.46Range
Support

Nearest Downside Decision Level

$398.3Range

Momentum

RSI (14)

Momentum is weak

36.3Bearish
MACD (12,26,9)

Histogram is negative

-1.912Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.1 / 29.9Bearish
Williams %R (14)

Neutral zone

-72.9Range
CCI (20)

Balanced zone

-66.9Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

38.3Bearish
OBV slope

20-period OBV slope

-7.42%Bearish
Volume ratio

Relative to 20-period average volume

2.06xBullish

Trend

Dow Theory Structure

Confirmation $398.3, invalidation $422.08

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

Trend strength is active

40.6 / 13.8 / 49.0Bearish
Supertrend (10,3)

Price is above Supertrend

$379.43Bullish
Ichimoku Cloud

Cloud Span A / Span B

$423.38 / $431.88Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Momentum

RSI (14)

Momentum is weak

36.3Bearish
MACD (12,26,9)

Histogram is negative

-1.912Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.1 / 29.9Bearish
Williams %R (14)

Neutral zone

-72.9Range
CCI (20)

Balanced zone

-66.9Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$10.29 (2.47%)Range
Bollinger Bands (20,2)

Width 20.44%

28%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$453.42 / $405.75Range
ATR channel lower / upper

Current Volatility Envelope

$405.81 / $426.38Range

Volume / Money Flow

MFI (14)

Money flow is weak

38.3Bearish
OBV slope

20-period OBV slope

-7.42%Bearish
Volume ratio

Relative to 20-period average volume

2.06xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$465.46Range
Support

Nearest Downside Decision Level

$398.3Range

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