US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

4 hoursBearish90%
4h Downside probability 90%Bearish

WDC 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $355.03 and stabilize above resistance $384.05.

Invalidation Trigger

Break above $384.05 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 42.6, MACD -1.186

4h
Volatility EnvironmentRange
Medium volatility

ATR is $14.72 (4.3%)

4h

EMA Structure

Bearish
EMA 8$348.84Bearish
EMA 21$355.03Bearish
EMA 50$370.17Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.6 · MACD -1.186

Momentum is weak

Strength
Bearish
Volatility
ATR $14.72 · BB 15.11%

Medium volatility

Strength
Range
Volume
MFI 49.1 · OBV 482.10%

Relative to 20-period average volume

Strength
Range
Price Levels
$325.01 - $384.05

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+16.57% · 3.8 ATR above latest close

$398.77
Nearest resistance

+12.26% · 2.8 ATR above · 34-bar high

$384.05
Current price

Price shown is delayed

$342.1
Nearest support

-5% · 1.2 ATR below · 34-bar low

$325.01
Deeper support zone

-9.3% · 2.2 ATR below latest close

$310.29
ATR zone

Latest close ± ATR14

$327.38 - $356.82

Indicators

Trend

Dow Theory Structure

Confirmation $327.3, invalidation $369.4

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

Trend strength is active

24.9 / 12.9 / 22.3Bearish
Supertrend (10,3)

Price is above Supertrend

$296.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$355.1 / $368.31Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Volatility

ATR (14)

Medium volatility

$14.72 (4.3%)Range
Bollinger Bands (20,2)

Width 15.11%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$387.27 / $321.99Range
ATR channel lower / upper

Current Volatility Envelope

$327.38 / $356.82Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$384.05Range
Support

Nearest Downside Decision Level

$325.01Range

Momentum

RSI (14)

Momentum is weak

42.6Bearish
MACD (12,26,9)

Histogram is negative

-1.186Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.1 / 32.8Bearish
Williams %R (14)

Neutral zone

-73.9Range
CCI (20)

Balanced zone

-76.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.1Range
OBV slope

20-period OBV slope

482.10%Bullish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Trend

Dow Theory Structure

Confirmation $327.3, invalidation $369.4

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

Trend strength is active

24.9 / 12.9 / 22.3Bearish
Supertrend (10,3)

Price is above Supertrend

$296.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$355.1 / $368.31Bearish
Donchian Channel (20)

20-period breakout channel position

26%Bearish

Momentum

RSI (14)

Momentum is weak

42.6Bearish
MACD (12,26,9)

Histogram is negative

-1.186Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.1 / 32.8Bearish
Williams %R (14)

Neutral zone

-73.9Range
CCI (20)

Balanced zone

-76.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$14.72 (4.3%)Range
Bollinger Bands (20,2)

Width 15.11%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$387.27 / $321.99Range
ATR channel lower / upper

Current Volatility Envelope

$327.38 / $356.82Range

Volume / Money Flow

MFI (14)

Money flow is neutral

49.1Range
OBV slope

20-period OBV slope

482.10%Bullish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$384.05Range
Support

Nearest Downside Decision Level

$325.01Range

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