US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

4 hoursBearish57%
4h Downside probability 57%Bearish

WDC 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $664.44 and stabilize above resistance $799.44.

Invalidation Trigger

Break above $799.44 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 45.2, MACD -15.099

4h
Volatility EnvironmentBearish
High volatility

ATR is $32.69 (5.22%)

4h

EMA Structure

Bullish
EMA 8$674.48Bearish
EMA 21$664.44Bearish
EMA 50$609.61Bullish

Signals

CategoryReadStrength
Momentum
RSI 45.2 · MACD -15.099

Neutral zone

Strength
Bearish
Volatility
ATR $32.69 · BB 33.68%

High volatility

Strength
Bearish
Volume
MFI 49.1 · OBV 6.22%

Relative to 20-period average volume

Strength
Range
Price Levels
$481.29 - $799.44

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+32.92% · 6.3 ATR above latest close

$832.12
Nearest resistance

+27.7% · 5.3 ATR above · 34-bar high

$799.44
Current price

Price shown is delayed

$626.01
Nearest support

-23.12% · 4.4 ATR below · 34-bar low

$481.29
Deeper support zone

-28.34% · 5.4 ATR below latest close

$448.6
ATR zone

Latest close ± ATR14

$593.32 - $658.7

Indicators

Trend

Dow Theory Structure

Confirmation $783.57, invalidation $656

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

Trend strength is active

67.1 / 33.8 / 40.4Bearish
Supertrend (10,3)

Price is above Supertrend

$545.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$671.23 / $640.36Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Volatility

ATR (14)

High volatility

$32.69 (5.22%)Bearish
Bollinger Bands (20,2)

Width 33.68%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$724.34 / $608.65Bearish
ATR channel lower / upper

Current Volatility Envelope

$593.32 / $658.7Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.44Range
Support

Nearest Downside Decision Level

$481.29Range

Momentum

RSI (14)

Neutral zone

45.2Range
MACD (12,26,9)

Histogram is negative

-15.099Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.1 / 10.8Bearish
Williams %R (14)

Oversold zone

-94.9Bullish
CCI (20)

Balanced zone

-80.0Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.1Range
OBV slope

20-period OBV slope

6.22%Bullish
Volume ratio

Relative to 20-period average volume

1.35xBullish

Trend

Dow Theory Structure

Confirmation $783.57, invalidation $656

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

Trend strength is active

67.1 / 33.8 / 40.4Bearish
Supertrend (10,3)

Price is above Supertrend

$545.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$671.23 / $640.36Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Momentum

RSI (14)

Neutral zone

45.2Range
MACD (12,26,9)

Histogram is negative

-15.099Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

5.1 / 10.8Bearish
Williams %R (14)

Oversold zone

-94.9Bullish
CCI (20)

Balanced zone

-80.0Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

High volatility

$32.69 (5.22%)Bearish
Bollinger Bands (20,2)

Width 33.68%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$724.34 / $608.65Bearish
ATR channel lower / upper

Current Volatility Envelope

$593.32 / $658.7Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.1Range
OBV slope

20-period OBV slope

6.22%Bullish
Volume ratio

Relative to 20-period average volume

1.35xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$799.44Range
Support

Nearest Downside Decision Level

$481.29Range

Related Forecasts