US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

1 weekBearish92%
Weekly Downside probability 92%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 $459.05 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 47.2, MACD -22.241

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $91 (21.91%)

Weekly

EMA Structure

Range
EMA 8$455.31Bearish
EMA 21$459.05Bearish
EMA 50$375.31Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.2 · MACD -22.241

Neutral zone

Strength
Bearish
Volatility
ATR $91 · BB 57.54%

High volatility

Strength
Bearish
Volume
MFI 21.6 · OBV -3.52%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$238 - $799.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+114.52% · 5.2 ATR above latest close

$890.87
Nearest resistance

+92.61% · 4.2 ATR above · 34-bar high

$799.87
Current price

Price shown is delayed

$415.29
Nearest support

-42.69% · 1.9 ATR below · 34-bar low

$238
Deeper support zone

-64.6% · 2.9 ATR below latest close

$147
ATR zone

Latest close ± ATR14

$324.29 - $506.29

Indicators

Trend

Dow Theory Structure

Confirmation $407.48, invalidation $495.49

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

Trend strength is active

27.2 / 5.7 / 26.8Bearish
Supertrend (10,3)

Price is above Supertrend

$195.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$514.21 / $456.2Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Volatility

ATR (14)

High volatility

$91 (21.91%)Bearish
Bollinger Bands (20,2)

Width 57.54%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$618.25 / $303.68Bearish
ATR channel lower / upper

Current Volatility Envelope

$324.29 / $506.29Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.87Range
Support

Nearest Downside Decision Level

$238Range

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is negative

-22.241Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.0 / 9.7Bearish
Williams %R (14)

Oversold zone

-93.0Bullish
CCI (20)

Weak expansion

-105.2Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

21.6Bearish
OBV slope

20-period OBV slope

-3.52%Bearish
Volume ratio

Relative to 20-period average volume

1.61xBullish

Trend

Dow Theory Structure

Confirmation $407.48, invalidation $495.49

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

Trend strength is active

27.2 / 5.7 / 26.8Bearish
Supertrend (10,3)

Price is above Supertrend

$195.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$514.21 / $456.2Bearish
Donchian Channel (20)

20-period breakout channel position

5%Bearish

Momentum

RSI (14)

Neutral zone

47.2Range
MACD (12,26,9)

Histogram is negative

-22.241Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.0 / 9.7Bearish
Williams %R (14)

Oversold zone

-93.0Bullish
CCI (20)

Weak expansion

-105.2Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$91 (21.91%)Bearish
Bollinger Bands (20,2)

Width 57.54%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$618.25 / $303.68Bearish
ATR channel lower / upper

Current Volatility Envelope

$324.29 / $506.29Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

21.6Bearish
OBV slope

20-period OBV slope

-3.52%Bearish
Volume ratio

Relative to 20-period average volume

1.61xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.87Range
Support

Nearest Downside Decision Level

$238Range

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