US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

WDC 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $255.6 and reclaim $351.98.

Invalidation Trigger

Lose $255.6 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 56.2, MACD 3.797

4h
Volatility EnvironmentRange
Medium volatility

ATR is $9.96 (3.2%)

4h

EMA Structure

Range
EMA 8$306.24Bullish
EMA 21$301.51Bullish
EMA 50$313.66Bearish

Signals

CategoryReadStrength
Momentum
RSI 56.2 · MACD 3.797

Momentum is strong

Strength
Bullish
Volatility
ATR $9.96 · BB 19.20%

Medium volatility

Strength
Range
Volume
MFI 58.1 · OBV 48.05%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$255.6 - $351.98

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+16.12% · 5.0 ATR above latest close

$361.94
Nearest resistance

+12.92% · 4.0 ATR above · 34-bar high

$351.98
Current price

Price shown is delayed

$311.7
Nearest support

-18% · 5.6 ATR below · 34-bar low

$255.6
Deeper support zone

-21.19% · 6.6 ATR below latest close

$245.64
ATR zone

Latest close ± ATR14

$301.74 - $321.66

Indicators

Trend

Dow Theory Structure

Confirmation $318.71, invalidation $295.1

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

21.3 / 29.5 / 22.7Bullish
Supertrend (10,3)

Price is above Supertrend

$281.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$297.03 / $328.92Bearish
Donchian Channel (20)

20-period breakout channel position

89%Range

Volatility

ATR (14)

Medium volatility

$9.96 (3.2%)Range
Bollinger Bands (20,2)

Width 19.20%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$320.9 / $282.03Range
ATR channel lower / upper

Current Volatility Envelope

$301.74 / $321.66Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$351.98Range
Support

Nearest Downside Decision Level

$255.6Range

Momentum

RSI (14)

Momentum is strong

56.2Bullish
MACD (12,26,9)

Histogram is positive

3.797Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.0 / 76.7Bullish
Williams %R (14)

Overbought zone

-17.0Bearish
CCI (20)

Balanced zone

88.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

58.1Bullish
OBV slope

20-period OBV slope

48.05%Bullish
Volume ratio

Relative to 20-period average volume

1.76xBullish

Trend

Dow Theory Structure

Confirmation $318.71, invalidation $295.1

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

21.3 / 29.5 / 22.7Bullish
Supertrend (10,3)

Price is above Supertrend

$281.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$297.03 / $328.92Bearish
Donchian Channel (20)

20-period breakout channel position

89%Range

Momentum

RSI (14)

Momentum is strong

56.2Bullish
MACD (12,26,9)

Histogram is positive

3.797Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.0 / 76.7Bullish
Williams %R (14)

Overbought zone

-17.0Bearish
CCI (20)

Balanced zone

88.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$9.96 (3.2%)Range
Bollinger Bands (20,2)

Width 19.20%

79%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$320.9 / $282.03Range
ATR channel lower / upper

Current Volatility Envelope

$301.74 / $321.66Range

Volume / Money Flow

MFI (14)

Money flow is strong

58.1Bullish
OBV slope

20-period OBV slope

48.05%Bullish
Volume ratio

Relative to 20-period average volume

1.76xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$351.98Range
Support

Nearest Downside Decision Level

$255.6Range

Related Forecasts