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 $28.83 and reclaim $799.87.

Invalidation Trigger

Lose $28.83 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 82.0, MACD 50.845

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $88.79 (15.82%)

Monthly

EMA Structure

Bullish
EMA 8$425.13Bullish
EMA 21$265.04Bullish
EMA 50$160.14Bullish

Signals

CategoryReadStrength
Momentum
RSI 82.0 · MACD 50.845

Momentum is strong

Strength
Bullish
Volatility
ATR $88.79 · BB 362.55%

High volatility

Strength
Bearish
Volume
MFI 86.6 · OBV 726.11%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$28.83 - $799.87

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+58.38% · 3.7 ATR above latest close

$888.66
Nearest resistance

+42.56% · 2.7 ATR above · 34-bar high

$799.87
Current price

Price shown is delayed

$561.08
Nearest support

-94.86% · 6.0 ATR below · 34-bar low

$28.83
Deeper support zone

-110.69% · 7.0 ATR below latest close

-$59.96
ATR zone

Latest close ± ATR14

$472.29 - $649.87

Indicators

Trend

Dow Theory Structure

Confirmation $28.83, invalidation $74.11

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

Trend strength is active

62.2 / 60.1 / 0.0Bullish
Supertrend (10,3)

Price is above Supertrend

$215.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$440.25 / $414.35Bullish
Donchian Channel (20)

20-period breakout channel position

69%Bullish

Volatility

ATR (14)

High volatility

$88.79 (15.82%)Bearish
Bollinger Bands (20,2)

Width 362.55%

98%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$504.46 / $40.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$472.29 / $649.87Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.87Range
Support

Nearest Downside Decision Level

$28.83Range

Momentum

RSI (14)

Momentum is strong

82.0Bullish
MACD (12,26,9)

Histogram is positive

50.845Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

68.1 / 80.8Bearish
Williams %R (14)

Neutral zone

-31.9Range
CCI (20)

Strong expansion

163.8Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

86.6Bullish
OBV slope

20-period OBV slope

726.11%Bullish
Volume ratio

Relative to 20-period average volume

0.29xBearish

Trend

Dow Theory Structure

Confirmation $28.83, invalidation $74.11

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

Trend strength is active

62.2 / 60.1 / 0.0Bullish
Supertrend (10,3)

Price is above Supertrend

$215.84Bullish
Ichimoku Cloud

Cloud Span A / Span B

$440.25 / $414.35Bullish
Donchian Channel (20)

20-period breakout channel position

69%Bullish

Momentum

RSI (14)

Momentum is strong

82.0Bullish
MACD (12,26,9)

Histogram is positive

50.845Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

68.1 / 80.8Bearish
Williams %R (14)

Neutral zone

-31.9Range
CCI (20)

Strong expansion

163.8Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$88.79 (15.82%)Bearish
Bollinger Bands (20,2)

Width 362.55%

98%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$504.46 / $40.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$472.29 / $649.87Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

86.6Bullish
OBV slope

20-period OBV slope

726.11%Bullish
Volume ratio

Relative to 20-period average volume

0.29xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.87Range
Support

Nearest Downside Decision Level

$28.83Range

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