US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

4 hoursBearish86%
4h Downside probability 86%Bearish

WDC 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $441.59 and stabilize above resistance $475.

Invalidation Trigger

Break above $475 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 38.8, MACD -5.265

4h
Volatility EnvironmentRange
Medium volatility

ATR is $13.94 (3.35%)

4h

EMA Structure

Bearish
EMA 8$429.27Bearish
EMA 21$441.59Bearish
EMA 50$446.5Bearish

Signals

CategoryReadStrength
Momentum
RSI 38.8 · MACD -5.265

Momentum is weak

Strength
Bearish
Volatility
ATR $13.94 · BB 15.48%

Medium volatility

Strength
Range
Volume
MFI 47.5 · OBV -17.90%

Relative to 20-period average volume

Strength
Range
Price Levels
$398.3 - $475

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+17.51% · 5.2 ATR above latest close

$488.94
Nearest resistance

+14.16% · 4.2 ATR above · 34-bar high

$475
Current price

Price shown is delayed

$416.1
Nearest support

-4.28% · 1.3 ATR below · 34-bar low

$398.3
Deeper support zone

-7.63% · 2.3 ATR below latest close

$384.36
ATR zone

Latest close ± ATR14

$402.16 - $430.03

Indicators

Trend

Dow Theory Structure

Confirmation $398.3, invalidation $465

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

Trend strength is moderate

19.4 / 12.9 / 43.7Bearish
Supertrend (10,3)

Price is above Supertrend

$363.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$431.99 / $436.65Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Volatility

ATR (14)

Medium volatility

$13.94 (3.35%)Range
Bollinger Bands (20,2)

Width 15.48%

7%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$475.48 / $406.81Range
ATR channel lower / upper

Current Volatility Envelope

$402.16 / $430.03Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$475Range
Support

Nearest Downside Decision Level

$398.3Range

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is negative

-5.265Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.5 / 17.7Bullish
Williams %R (14)

Neutral zone

-73.5Range
CCI (20)

Weak expansion

-178.2Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.5Range
OBV slope

20-period OBV slope

-17.90%Bearish
Volume ratio

Relative to 20-period average volume

1.09xRange

Trend

Dow Theory Structure

Confirmation $398.3, invalidation $465

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

Trend strength is moderate

19.4 / 12.9 / 43.7Bearish
Supertrend (10,3)

Price is above Supertrend

$363.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$431.99 / $436.65Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Momentum

RSI (14)

Momentum is weak

38.8Bearish
MACD (12,26,9)

Histogram is negative

-5.265Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.5 / 17.7Bullish
Williams %R (14)

Neutral zone

-73.5Range
CCI (20)

Weak expansion

-178.2Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$13.94 (3.35%)Range
Bollinger Bands (20,2)

Width 15.48%

7%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$475.48 / $406.81Range
ATR channel lower / upper

Current Volatility Envelope

$402.16 / $430.03Range

Volume / Money Flow

MFI (14)

Money flow is neutral

47.5Range
OBV slope

20-period OBV slope

-17.90%Bearish
Volume ratio

Relative to 20-period average volume

1.09xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$475Range
Support

Nearest Downside Decision Level

$398.3Range

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