US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

4 hoursBearish88%
4h Downside probability 88%Bearish

WDC 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $462.12 and stabilize above resistance $494.6.

Invalidation Trigger

Break above $494.6 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 40.9, MACD -3.564

4h
Volatility EnvironmentRange
Medium volatility

ATR is $11.71 (2.62%)

4h

EMA Structure

Bearish
EMA 8$457.95Bearish
EMA 21$462.12Bearish
EMA 50$462.76Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.9 · MACD -3.564

Momentum is weak

Strength
Bearish
Volatility
ATR $11.71 · BB 10.41%

Medium volatility

Strength
Range
Volume
MFI 30.2 · OBV -2.99%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$420.88 - $494.6

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+13.11% · 5.0 ATR above latest close

$506.31
Nearest resistance

+10.5% · 4.0 ATR above · 34-bar high

$494.6
Current price

Price shown is delayed

$447.62
Nearest support

-5.97% · 2.3 ATR below · 34-bar low

$420.88
Deeper support zone

-8.59% · 3.3 ATR below latest close

$409.17
ATR zone

Latest close ± ATR14

$435.91 - $459.33

Indicators

Trend

Dow Theory Structure

Confirmation $445.84, invalidation $472.43

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

Trend strength is active

30.7 / 14.8 / 27.2Bearish
Supertrend (10,3)

Price is above Supertrend

$417.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$461.32 / $457.74Bearish
Donchian Channel (20)

20-period breakout channel position

10%Range

Volatility

ATR (14)

Medium volatility

$11.71 (2.62%)Range
Bollinger Bands (20,2)

Width 10.41%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$482.34 / $441.88Range
ATR channel lower / upper

Current Volatility Envelope

$435.91 / $459.33Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$494.6Range
Support

Nearest Downside Decision Level

$420.88Range

Momentum

RSI (14)

Momentum is weak

40.9Bearish
MACD (12,26,9)

Histogram is negative

-3.564Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.7 / 6.7Bearish
Williams %R (14)

Oversold zone

-96.3Bullish
CCI (20)

Weak expansion

-129.5Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

30.2Bearish
OBV slope

20-period OBV slope

-2.99%Bearish
Volume ratio

Relative to 20-period average volume

1.22xBullish

Trend

Dow Theory Structure

Confirmation $445.84, invalidation $472.43

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

Trend strength is active

30.7 / 14.8 / 27.2Bearish
Supertrend (10,3)

Price is above Supertrend

$417.15Bullish
Ichimoku Cloud

Cloud Span A / Span B

$461.32 / $457.74Bearish
Donchian Channel (20)

20-period breakout channel position

10%Range

Momentum

RSI (14)

Momentum is weak

40.9Bearish
MACD (12,26,9)

Histogram is negative

-3.564Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.7 / 6.7Bearish
Williams %R (14)

Oversold zone

-96.3Bullish
CCI (20)

Weak expansion

-129.5Bearish
TD Sequential

Exhaustion setup is near completion

buy 8Bullish

Volatility

ATR (14)

Medium volatility

$11.71 (2.62%)Range
Bollinger Bands (20,2)

Width 10.41%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$482.34 / $441.88Range
ATR channel lower / upper

Current Volatility Envelope

$435.91 / $459.33Range

Volume / Money Flow

MFI (14)

Money flow is weak

30.2Bearish
OBV slope

20-period OBV slope

-2.99%Bearish
Volume ratio

Relative to 20-period average volume

1.22xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$494.6Range
Support

Nearest Downside Decision Level

$420.88Range

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