US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

1 weekBearish87%
Weekly Downside probability 87%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 $444.62 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 42.1, MACD -25.440

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $82.91 (23.26%)

Weekly

EMA Structure

Range
EMA 8$423.31Bearish
EMA 21$444.62Bearish
EMA 50$375.4Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.1 · MACD -25.440

Momentum is weak

Strength
Bearish
Volatility
ATR $82.91 · BB 67.09%

High volatility

Strength
Bearish
Volume
MFI 23.0 · OBV -7.15%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$238 - $799.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+147.66% · 6.3 ATR above latest close

$882.78
Nearest resistance

+124.4% · 5.3 ATR above · 34-bar high

$799.87
Current price

Price shown is delayed

$356.45
Nearest support

-33.23% · 1.4 ATR below · 34-bar low

$238
Deeper support zone

-56.49% · 2.4 ATR below latest close

$155.09
ATR zone

Latest close ± ATR14

$273.54 - $439.36

Indicators

Trend

Dow Theory Structure

Confirmation $407.48, invalidation $495.49

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

Trend strength is active

28.3 / 6.3 / 28.6Bearish
Supertrend (10,3)

Price is above Supertrend

$187.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$501.67 / $458.55Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Volatility

ATR (14)

High volatility

$82.91 (23.26%)Bearish
Bollinger Bands (20,2)

Width 67.09%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$563.01 / $328.04Bearish
ATR channel lower / upper

Current Volatility Envelope

$273.54 / $439.36Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.87Range
Support

Nearest Downside Decision Level

$238Range

Momentum

RSI (14)

Momentum is weak

42.1Bearish
MACD (12,26,9)

Histogram is negative

-25.440Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.1 / 6.8Bullish
Williams %R (14)

Oversold zone

-91.9Bullish
CCI (20)

Weak expansion

-149.1Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

23.0Bearish
OBV slope

20-period OBV slope

-7.15%Bearish
Volume ratio

Relative to 20-period average volume

1.01xRange

Trend

Dow Theory Structure

Confirmation $407.48, invalidation $495.49

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

Trend strength is active

28.3 / 6.3 / 28.6Bearish
Supertrend (10,3)

Price is above Supertrend

$187.65Bullish
Ichimoku Cloud

Cloud Span A / Span B

$501.67 / $458.55Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Momentum

RSI (14)

Momentum is weak

42.1Bearish
MACD (12,26,9)

Histogram is negative

-25.440Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.1 / 6.8Bullish
Williams %R (14)

Oversold zone

-91.9Bullish
CCI (20)

Weak expansion

-149.1Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

High volatility

$82.91 (23.26%)Bearish
Bollinger Bands (20,2)

Width 67.09%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$563.01 / $328.04Bearish
ATR channel lower / upper

Current Volatility Envelope

$273.54 / $439.36Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

23.0Bearish
OBV slope

20-period OBV slope

-7.15%Bearish
Volume ratio

Relative to 20-period average volume

1.01xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.87Range
Support

Nearest Downside Decision Level

$238Range

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