US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

4 hoursBearish67%
4h Downside probability 67%Bearish

WDC 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $566.5 and stabilize above resistance $612.9.

Invalidation Trigger

Break above $612.9 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 47.1, MACD 1.922

4h
Volatility EnvironmentRange
Medium volatility

ATR is $19.34 (3.45%)

4h

EMA Structure

Bearish
EMA 8$564.53Bearish
EMA 21$566.5Bearish
EMA 50$582.02Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.1 · MACD 1.922

Neutral zone

Strength
Bearish
Volatility
ATR $19.34 · BB 14.52%

Medium volatility

Strength
Range
Volume
MFI 63.3 · OBV 84.57%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$501.01 - $612.9

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+12.68% · 3.7 ATR above latest close

$632.24
Nearest resistance

+9.24% · 2.7 ATR above · 34-bar high

$612.9
Current price

Price shown is delayed

$561.08
Nearest support

-10.71% · 3.1 ATR below · 34-bar low

$501.01
Deeper support zone

-14.15% · 4.1 ATR below latest close

$481.67
ATR zone

Latest close ± ATR14

$541.75 - $580.42

Indicators

Trend

Dow Theory Structure

Confirmation $536.73, invalidation $593.97

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

Trend strength is moderate

11.9 / 16.0 / 25.1Bearish
Supertrend (10,3)

Price is above Supertrend

$504.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$558.3 / $618.5Bearish
Donchian Channel (20)

20-period breakout channel position

60%Range

Volatility

ATR (14)

Medium volatility

$19.34 (3.45%)Range
Bollinger Bands (20,2)

Width 14.52%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$604.84 / $527.37Range
ATR channel lower / upper

Current Volatility Envelope

$541.75 / $580.42Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$612.9Range
Support

Nearest Downside Decision Level

$501.01Range

Momentum

RSI (14)

Neutral zone

47.1Range
MACD (12,26,9)

Histogram is positive

1.922Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.5 / 47.9Bearish
Williams %R (14)

Neutral zone

-57.5Range
CCI (20)

Balanced zone

-0.2Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

63.3Bullish
OBV slope

20-period OBV slope

84.57%Bullish
Volume ratio

Relative to 20-period average volume

2.05xBullish

Trend

Dow Theory Structure

Confirmation $536.73, invalidation $593.97

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

Trend strength is moderate

11.9 / 16.0 / 25.1Bearish
Supertrend (10,3)

Price is above Supertrend

$504.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$558.3 / $618.5Bearish
Donchian Channel (20)

20-period breakout channel position

60%Range

Momentum

RSI (14)

Neutral zone

47.1Range
MACD (12,26,9)

Histogram is positive

1.922Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.5 / 47.9Bearish
Williams %R (14)

Neutral zone

-57.5Range
CCI (20)

Balanced zone

-0.2Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$19.34 (3.45%)Range
Bollinger Bands (20,2)

Width 14.52%

47%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$604.84 / $527.37Range
ATR channel lower / upper

Current Volatility Envelope

$541.75 / $580.42Range

Volume / Money Flow

MFI (14)

Money flow is strong

63.3Bullish
OBV slope

20-period OBV slope

84.57%Bullish
Volume ratio

Relative to 20-period average volume

2.05xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$612.9Range
Support

Nearest Downside Decision Level

$501.01Range

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