US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

1 weekBearish80%
Weekly Downside probability 80%Bearish

WDC 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $403.23 and stabilize above resistance $799.87.

Invalidation Trigger

Break above $799.87 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 41.5, MACD -26.921

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $61.95 (19.91%)

Weekly

EMA Structure

Range
EMA 8$352.82Bearish
EMA 21$403.23Bearish
EMA 50$366.42Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.5 · MACD -26.921

Momentum is weak

Strength
Bearish
Volatility
ATR $61.95 · BB 74.10%

High volatility

Strength
Bearish
Volume
MFI 38.5 · OBV -2.25%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$249.06 - $799.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+176.93% · 8.9 ATR above latest close

$861.82
Nearest resistance

+157.02% · 7.9 ATR above · 34-bar high

$799.87
Current price

Price shown is delayed

$311.21
Nearest support

-19.97% · 1.0 ATR below · 34-bar low

$249.06
Deeper support zone

-39.88% · 2.0 ATR below latest close

$187.11
ATR zone

Latest close ± ATR14

$249.26 - $373.16

Indicators

Trend

Dow Theory Structure

Confirmation $331.81, invalidation $402.23

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

Trend strength is active

35.4 / 10.7 / 29.6Bearish
Supertrend (10,3)

Price is above Supertrend

$115.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$448.19 / $466.15Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Volatility

ATR (14)

High volatility

$61.95 (19.91%)Bearish
Bollinger Bands (20,2)

Width 74.10%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$521.61 / $282.66Bearish
ATR channel lower / upper

Current Volatility Envelope

$249.26 / $373.16Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.87Range
Support

Nearest Downside Decision Level

$249.06Range

Momentum

RSI (14)

Momentum is weak

41.5Bearish
MACD (12,26,9)

Histogram is negative

-26.921Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.0 / 11.5Bullish
Williams %R (14)

Oversold zone

-81.0Bullish
CCI (20)

Weak expansion

-156.5Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

38.5Bearish
OBV slope

20-period OBV slope

-2.25%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Trend

Dow Theory Structure

Confirmation $331.81, invalidation $402.23

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

Trend strength is active

35.4 / 10.7 / 29.6Bearish
Supertrend (10,3)

Price is above Supertrend

$115.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$448.19 / $466.15Bearish
Donchian Channel (20)

20-period breakout channel position

13%Bearish

Momentum

RSI (14)

Momentum is weak

41.5Bearish
MACD (12,26,9)

Histogram is negative

-26.921Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.0 / 11.5Bullish
Williams %R (14)

Oversold zone

-81.0Bullish
CCI (20)

Weak expansion

-156.5Bearish
TD Sequential

Exhaustion setup is near completion

buy 10Bullish

Volatility

ATR (14)

High volatility

$61.95 (19.91%)Bearish
Bollinger Bands (20,2)

Width 74.10%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$521.61 / $282.66Bearish
ATR channel lower / upper

Current Volatility Envelope

$249.26 / $373.16Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

38.5Bearish
OBV slope

20-period OBV slope

-2.25%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.87Range
Support

Nearest Downside Decision Level

$249.06Range

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