US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

1 monthBullish74%
Monthly Upside probability 74%Bullish

WDC 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $28.88 and reclaim $799.44.

Invalidation Trigger

Lose $28.88 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 95.6, MACD 54.515

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $79.8 (11.89%)

Monthly

EMA Structure

Bullish
EMA 8$393.52Bullish
EMA 21$238.42Bullish
EMA 50$144.01Bullish

Signals

CategoryReadStrength
Momentum
RSI 95.6 · MACD 54.515

Momentum is strong

Strength
Bullish
Volatility
ATR $79.8 · BB 380.22%

High volatility

Strength
Bearish
Volume
MFI 91.0 · OBV 260.65%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$28.88 - $799.44

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+31.06% · 2.6 ATR above latest close

$879.23
Nearest resistance

+19.16% · 1.6 ATR above · 34-bar high

$799.44
Current price

Price shown is delayed

$670.88
Nearest support

-95.7% · 8.0 ATR below · 34-bar low

$28.88
Deeper support zone

-107.59% · 9.0 ATR below latest close

-$50.92
ATR zone

Latest close ± ATR14

$591.08 - $750.67

Indicators

Trend

Dow Theory Structure

Confirmation $28.88, invalidation $74.07

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

Trend strength is active

57.0 / 67.6 / 0.0Bullish
Supertrend (10,3)

Price is above Supertrend

$319.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$435.08 / $414.16Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

High volatility

$79.8 (11.89%)Bearish
Bollinger Bands (20,2)

Width 380.22%

120%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$459.05 / $31.29Bearish
ATR channel lower / upper

Current Volatility Envelope

$591.08 / $750.67Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.44Range
Support

Nearest Downside Decision Level

$28.88Range

Momentum

RSI (14)

Momentum is strong

95.6Bullish
MACD (12,26,9)

Histogram is positive

54.515Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.0 / 92.5Bearish
Williams %R (14)

Overbought zone

-17.0Bearish
CCI (20)

Strong expansion

249.0Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

91.0Bullish
OBV slope

20-period OBV slope

260.65%Bullish
Volume ratio

Relative to 20-period average volume

0.68xBearish

Trend

Dow Theory Structure

Confirmation $28.88, invalidation $74.07

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

Trend strength is active

57.0 / 67.6 / 0.0Bullish
Supertrend (10,3)

Price is above Supertrend

$319.54Bullish
Ichimoku Cloud

Cloud Span A / Span B

$435.08 / $414.16Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

95.6Bullish
MACD (12,26,9)

Histogram is positive

54.515Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.0 / 92.5Bearish
Williams %R (14)

Overbought zone

-17.0Bearish
CCI (20)

Strong expansion

249.0Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$79.8 (11.89%)Bearish
Bollinger Bands (20,2)

Width 380.22%

120%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$459.05 / $31.29Bearish
ATR channel lower / upper

Current Volatility Envelope

$591.08 / $750.67Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

91.0Bullish
OBV slope

20-period OBV slope

260.65%Bullish
Volume ratio

Relative to 20-period average volume

0.68xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.44Range
Support

Nearest Downside Decision Level

$28.88Range

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