US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

4 hoursBearish91%
4h Downside probability 91%Bearish

WDC 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $373.31 and stabilize above resistance $445.25.

Invalidation Trigger

Break above $445.25 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 35.4, MACD -0.877

4h
Volatility EnvironmentRange
Medium volatility

ATR is $11.03 (3.09%)

4h

EMA Structure

Bearish
EMA 8$357.8Bearish
EMA 21$373.31Bearish
EMA 50$397.21Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.4 · MACD -0.877

Momentum is weak

Strength
Bearish
Volatility
ATR $11.03 · BB 18.07%

Medium volatility

Strength
Range
Volume
MFI 34.4 · OBV 3452.94%

Relative to 20-period average volume

Strength
Range
Price Levels
$339.38 - $445.25

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+27.99% · 9.0 ATR above latest close

$456.28
Nearest resistance

+24.89% · 8.0 ATR above · 34-bar high

$445.25
Current price

Price shown is delayed

$356.5
Nearest support

-4.8% · 1.6 ATR below · 34-bar low

$339.38
Deeper support zone

-7.9% · 2.6 ATR below latest close

$328.35
ATR zone

Latest close ± ATR14

$345.47 - $367.53

Indicators

Trend

Dow Theory Structure

Confirmation $339.38, invalidation $382.34

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

Trend strength is active

75.8 / 10.4 / 45.7Bearish
Supertrend (10,3)

Price is above Supertrend

$326.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$367.14 / $402.64Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Volatility

ATR (14)

Medium volatility

$11.03 (3.09%)Range
Bollinger Bands (20,2)

Width 18.07%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$392.71 / $351.71Range
ATR channel lower / upper

Current Volatility Envelope

$345.47 / $367.53Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$445.25Range
Support

Nearest Downside Decision Level

$339.38Range

Momentum

RSI (14)

Momentum is weak

35.4Bearish
MACD (12,26,9)

Histogram is negative

-0.877Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.1 / 23.2Bullish
Williams %R (14)

Neutral zone

-65.9Range
CCI (20)

Balanced zone

-83.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

34.4Bearish
OBV slope

20-period OBV slope

3452.94%Bullish
Volume ratio

Relative to 20-period average volume

0.87xBearish

Trend

Dow Theory Structure

Confirmation $339.38, invalidation $382.34

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

Trend strength is active

75.8 / 10.4 / 45.7Bearish
Supertrend (10,3)

Price is above Supertrend

$326.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$367.14 / $402.64Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Momentum

RSI (14)

Momentum is weak

35.4Bearish
MACD (12,26,9)

Histogram is negative

-0.877Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.1 / 23.2Bullish
Williams %R (14)

Neutral zone

-65.9Range
CCI (20)

Balanced zone

-83.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$11.03 (3.09%)Range
Bollinger Bands (20,2)

Width 18.07%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$392.71 / $351.71Range
ATR channel lower / upper

Current Volatility Envelope

$345.47 / $367.53Range

Volume / Money Flow

MFI (14)

Money flow is weak

34.4Bearish
OBV slope

20-period OBV slope

3452.94%Bullish
Volume ratio

Relative to 20-period average volume

0.87xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$445.25Range
Support

Nearest Downside Decision Level

$339.38Range

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