US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

4 hoursBullish81%
4h Upside probability 81%Bullish

WDC 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $422.11 and reclaim $580.

Invalidation Trigger

Lose $422.11 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 51.8, MACD 1.889

4h
Volatility EnvironmentBearish
High volatility

ATR is $30.37 (5.78%)

4h

EMA Structure

Range
EMA 8$528.22Bearish
EMA 21$520.77Bullish
EMA 50$522.95Bullish

Signals

CategoryReadStrength
Momentum
RSI 51.8 · MACD 1.889

Neutral zone

Strength
Bullish
Volatility
ATR $30.37 · BB 29.55%

High volatility

Strength
Bearish
Volume
MFI 53.2 · OBV 9.39%

Relative to 20-period average volume

Strength
Range
Price Levels
$422.11 - $580

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+16.12% · 2.8 ATR above latest close

$610.37
Nearest resistance

+10.34% · 1.8 ATR above · 34-bar high

$580
Current price

Price shown is delayed

$525.64
Nearest support

-19.7% · 3.4 ATR below · 34-bar low

$422.11
Deeper support zone

-25.47% · 4.4 ATR below latest close

$391.74
ATR zone

Latest close ± ATR14

$495.28 - $556.01

Indicators

Trend

Dow Theory Structure

Confirmation $580, invalidation $501.27

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

Trend strength is active

28.3 / 30.7 / 16.6Bullish
Supertrend (10,3)

Price is above Supertrend

$448.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$520.85 / $501.06Bullish
Donchian Channel (20)

20-period breakout channel position

66%Range

Volatility

ATR (14)

High volatility

$30.37 (5.78%)Bearish
Bollinger Bands (20,2)

Width 29.55%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$572.26 / $469.95Bearish
ATR channel lower / upper

Current Volatility Envelope

$495.28 / $556.01Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$580Range
Support

Nearest Downside Decision Level

$422.11Range

Momentum

RSI (14)

Neutral zone

51.8Range
MACD (12,26,9)

Histogram is positive

1.889Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.5 / 59.8Bearish
Williams %R (14)

Neutral zone

-40.5Range
CCI (20)

Balanced zone

37.2Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.2Range
OBV slope

20-period OBV slope

9.39%Bullish
Volume ratio

Relative to 20-period average volume

0.59xBearish

Trend

Dow Theory Structure

Confirmation $580, invalidation $501.27

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

Trend strength is active

28.3 / 30.7 / 16.6Bullish
Supertrend (10,3)

Price is above Supertrend

$448.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$520.85 / $501.06Bullish
Donchian Channel (20)

20-period breakout channel position

66%Range

Momentum

RSI (14)

Neutral zone

51.8Range
MACD (12,26,9)

Histogram is positive

1.889Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.5 / 59.8Bearish
Williams %R (14)

Neutral zone

-40.5Range
CCI (20)

Balanced zone

37.2Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$30.37 (5.78%)Bearish
Bollinger Bands (20,2)

Width 29.55%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$572.26 / $469.95Bearish
ATR channel lower / upper

Current Volatility Envelope

$495.28 / $556.01Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.2Range
OBV slope

20-period OBV slope

9.39%Bullish
Volume ratio

Relative to 20-period average volume

0.59xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$580Range
Support

Nearest Downside Decision Level

$422.11Range

Related Forecasts