US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

3 monthsBullish59%
3M Upside probability 59%Bullish

WDC 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $28.88 and reclaim $799.44.

Invalidation Trigger

Lose $28.88 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 93.1, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $72.18 (10.76%)

3M

EMA Structure

Range
EMA 8$252.41Bullish
EMA 21$138.52Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 93.1 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $72.18 · BB 548.41%

High volatility

Strength
Bearish
Volume
MFI 87.8 · OBV 231.62%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$28.88 - $799.44

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+29.92% · 2.8 ATR above latest close

$871.61
Nearest resistance

+19.16% · 1.8 ATR above · 24-bar high

$799.44
Current price

Price shown is delayed

$670.88
Nearest support

-95.7% · 8.9 ATR below · 24-bar low

$28.88
Deeper support zone

-106.45% · 9.9 ATR below latest close

-$43.3
ATR zone

Latest close ± ATR14

$598.7 - $743.05

Indicators

Trend

Dow Theory Structure

Confirmation $81.55, invalidation $28.88

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$251.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

High volatility

$72.18 (10.76%)Bearish
Bollinger Bands (20,2)

Width 548.41%

150%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$336.39 / -$47.12Bearish
ATR channel lower / upper

Current Volatility Envelope

$598.7 / $743.05Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.44Range
Support

Nearest Downside Decision Level

$28.88Range

Momentum

RSI (14)

Momentum is strong

93.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

83.3 / 85.4Bearish
Williams %R (14)

Overbought zone

-16.7Bearish
CCI (20)

Strong expansion

455.5Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

87.8Bullish
OBV slope

20-period OBV slope

231.62%Bullish
Volume ratio

Relative to 20-period average volume

1.08xRange

Trend

Dow Theory Structure

Confirmation $81.55, invalidation $28.88

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$251.36Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

93.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

83.3 / 85.4Bearish
Williams %R (14)

Overbought zone

-16.7Bearish
CCI (20)

Strong expansion

455.5Bullish
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$72.18 (10.76%)Bearish
Bollinger Bands (20,2)

Width 548.41%

150%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$336.39 / -$47.12Bearish
ATR channel lower / upper

Current Volatility Envelope

$598.7 / $743.05Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

87.8Bullish
OBV slope

20-period OBV slope

231.62%Bullish
Volume ratio

Relative to 20-period average volume

1.08xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.44Range
Support

Nearest Downside Decision Level

$28.88Range

Related Forecasts