US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

1 hourBearish92%
1h Downside probability 92%Bearish

WDC 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $468 and stabilize above resistance $479.67.

Invalidation Trigger

Break above $479.67 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 39.7, MACD -0.387

1h
Volatility EnvironmentBullish
Low volatility

ATR is $6.08 (1.32%)

1h

EMA Structure

Bearish
EMA 8$465.04Bearish
EMA 21$468Bearish
EMA 50$474.78Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.7 · MACD -0.387

Momentum is weak

Strength
Bearish
Volatility
ATR $6.08 · BB 4.24%

Low volatility

Strength
Bullish
Volume
MFI 30.2 · OBV 0.42%

Relative to 20-period average volume

Strength
Range
Price Levels
$454.33 - $479.67

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+5.53% · 4.2 ATR above latest close

$485.75
Nearest resistance

+4.21% · 3.2 ATR above · 34-bar high

$479.67
Current price

Price shown is delayed

$460.3
Nearest support

-1.3% · 1.0 ATR below · 34-bar low

$454.33
Deeper support zone

-2.62% · 2.0 ATR below latest close

$448.25
ATR zone

Latest close ± ATR14

$454.22 - $466.38

Indicators

Trend

Dow Theory Structure

Confirmation $454.33, invalidation $478.8

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

Trend strength is moderate

19.1 / 23.1 / 32.2Bearish
Supertrend (10,3)

Price is above Supertrend

$439.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$466.78 / $481.57Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Volatility

ATR (14)

Low volatility

$6.08 (1.32%)Bullish
Bollinger Bands (20,2)

Width 4.24%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$480.36 / $455.22Bullish
ATR channel lower / upper

Current Volatility Envelope

$454.22 / $466.38Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$479.67Range
Support

Nearest Downside Decision Level

$454.33Range

Momentum

RSI (14)

Momentum is weak

39.7Bearish
MACD (12,26,9)

Histogram is negative

-0.387Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.6 / 36.7Bearish
Williams %R (14)

Neutral zone

-76.4Range
CCI (20)

Weak expansion

-151.7Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.2Bearish
OBV slope

20-period OBV slope

0.42%Bullish
Volume ratio

Relative to 20-period average volume

2.88xBullish

Trend

Dow Theory Structure

Confirmation $454.33, invalidation $478.8

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

Trend strength is moderate

19.1 / 23.1 / 32.2Bearish
Supertrend (10,3)

Price is above Supertrend

$439.77Bullish
Ichimoku Cloud

Cloud Span A / Span B

$466.78 / $481.57Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Momentum

RSI (14)

Momentum is weak

39.7Bearish
MACD (12,26,9)

Histogram is negative

-0.387Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.6 / 36.7Bearish
Williams %R (14)

Neutral zone

-76.4Range
CCI (20)

Weak expansion

-151.7Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$6.08 (1.32%)Bullish
Bollinger Bands (20,2)

Width 4.24%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$480.36 / $455.22Bullish
ATR channel lower / upper

Current Volatility Envelope

$454.22 / $466.38Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.2Bearish
OBV slope

20-period OBV slope

0.42%Bullish
Volume ratio

Relative to 20-period average volume

2.88xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$479.67Range
Support

Nearest Downside Decision Level

$454.33Range

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