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 $433.98 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 42.2, MACD -27.108

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $75.41 (21.56%)

Weekly

EMA Structure

Range
EMA 8$402.75Bearish
EMA 21$433.98Bearish
EMA 50$373.47Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.2 · MACD -27.108

Momentum is weak

Strength
Bearish
Volatility
ATR $75.41 · BB 74.69%

High volatility

Strength
Bearish
Volume
MFI 30.0 · OBV -7.00%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$238 - $799.87

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+150.22% · 7.0 ATR above latest close

$875.28
Nearest resistance

+128.66% · 6.0 ATR above · 34-bar high

$799.87
Current price

Price shown is delayed

$349.8
Nearest support

-31.96% · 1.5 ATR below · 34-bar low

$238
Deeper support zone

-53.52% · 2.5 ATR below latest close

$162.59
ATR zone

Latest close ± ATR14

$274.39 - $425.21

Indicators

Trend

Dow Theory Structure

Confirmation $407.48, invalidation $495.49

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

Trend strength is active

29.8 / 6.9 / 24.3Bearish
Supertrend (10,3)

Price is above Supertrend

$194.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$489.75 / $460.86Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Volatility

ATR (14)

High volatility

$75.41 (21.56%)Bearish
Bollinger Bands (20,2)

Width 74.69%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$544.21 / $324.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$274.39 / $425.21Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.87Range
Support

Nearest Downside Decision Level

$238Range

Momentum

RSI (14)

Momentum is weak

42.2Bearish
MACD (12,26,9)

Histogram is negative

-27.108Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.2 / 4.2Bullish
Williams %R (14)

Oversold zone

-92.8Bullish
CCI (20)

Weak expansion

-136.5Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.0Bearish
OBV slope

20-period OBV slope

-7.00%Bearish
Volume ratio

Relative to 20-period average volume

1.00xRange

Trend

Dow Theory Structure

Confirmation $407.48, invalidation $495.49

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

Trend strength is active

29.8 / 6.9 / 24.3Bearish
Supertrend (10,3)

Price is above Supertrend

$194.58Bullish
Ichimoku Cloud

Cloud Span A / Span B

$489.75 / $460.86Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Momentum

RSI (14)

Momentum is weak

42.2Bearish
MACD (12,26,9)

Histogram is negative

-27.108Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.2 / 4.2Bullish
Williams %R (14)

Oversold zone

-92.8Bullish
CCI (20)

Weak expansion

-136.5Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

High volatility

$75.41 (21.56%)Bearish
Bollinger Bands (20,2)

Width 74.69%

12%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$544.21 / $324.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$274.39 / $425.21Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

30.0Bearish
OBV slope

20-period OBV slope

-7.00%Bearish
Volume ratio

Relative to 20-period average volume

1.00xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.87Range
Support

Nearest Downside Decision Level

$238Range

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