US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

1 hourBearish60%
1h Downside probability 60%Bearish

WDC 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $565.83 and stabilize above resistance $593.97.

Invalidation Trigger

Break above $593.97 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 47.0, MACD -0.562

1h
Volatility EnvironmentRange
Low volatility

ATR is $11.01 (1.96%)

1h

EMA Structure

Bullish
EMA 8$566.7Bearish
EMA 21$565.83Bearish
EMA 50$564.69Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.0 · MACD -0.562

Neutral zone

Strength
Bearish
Volatility
ATR $11.01 · BB 9.44%

Low volatility

Strength
Range
Volume
MFI 29.3 · OBV -2.25%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$536.73 - $593.97

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+7.82% · 4.0 ATR above latest close

$604.98
Nearest resistance

+5.86% · 3.0 ATR above · 34-bar high

$593.97
Current price

Price shown is delayed

$561.08
Nearest support

-4.34% · 2.2 ATR below · 34-bar low

$536.73
Deeper support zone

-6.3% · 3.2 ATR below latest close

$525.72
ATR zone

Latest close ± ATR14

$550.08 - $572.09

Indicators

Trend

Dow Theory Structure

Confirmation $593.97, invalidation $562.5

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

Trend strength is active

22.5 / 28.1 / 19.1Bullish
Supertrend (10,3)

Price is above Supertrend

$532.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$571.34 / $565.35Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Volatility

ATR (14)

Low volatility

$11.01 (1.96%)Range
Bollinger Bands (20,2)

Width 9.44%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$585.85 / $546Range
ATR channel lower / upper

Current Volatility Envelope

$550.08 / $572.09Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$593.97Range
Support

Nearest Downside Decision Level

$536.73Range

Momentum

RSI (14)

Neutral zone

47.0Range
MACD (12,26,9)

Histogram is negative

-0.562Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.0 / 43.5Bearish
Williams %R (14)

Neutral zone

-61.0Range
CCI (20)

Balanced zone

-7.9Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

29.3Bearish
OBV slope

20-period OBV slope

-2.25%Bearish
Volume ratio

Relative to 20-period average volume

7.05xBullish

Trend

Dow Theory Structure

Confirmation $593.97, invalidation $562.5

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

Trend strength is active

22.5 / 28.1 / 19.1Bullish
Supertrend (10,3)

Price is above Supertrend

$532.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$571.34 / $565.35Bearish
Donchian Channel (20)

20-period breakout channel position

40%Range

Momentum

RSI (14)

Neutral zone

47.0Range
MACD (12,26,9)

Histogram is negative

-0.562Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.0 / 43.5Bearish
Williams %R (14)

Neutral zone

-61.0Range
CCI (20)

Balanced zone

-7.9Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$11.01 (1.96%)Range
Bollinger Bands (20,2)

Width 9.44%

45%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$585.85 / $546Range
ATR channel lower / upper

Current Volatility Envelope

$550.08 / $572.09Range

Volume / Money Flow

MFI (14)

Money flow is weak

29.3Bearish
OBV slope

20-period OBV slope

-2.25%Bearish
Volume ratio

Relative to 20-period average volume

7.05xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$593.97Range
Support

Nearest Downside Decision Level

$536.73Range

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