US stock / ETF

Western Digital Corporation

WDC · NASDAQ · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

WDC 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $477.06 and stabilize above resistance $548.6.

Invalidation Trigger

Break above $548.6 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 41.5, MACD -3.043

4h
Volatility EnvironmentRange
Medium volatility

ATR is $15.88 (3.45%)

4h

EMA Structure

Bearish
EMA 8$468.21Bearish
EMA 21$477.06Bearish
EMA 50$484.14Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.5 · MACD -3.043

Momentum is weak

Strength
Bearish
Volatility
ATR $15.88 · BB 22.01%

Medium volatility

Strength
Range
Volume
MFI 25.1 · OBV -8.52%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$436.01 - $548.6

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+22.63% · 6.6 ATR above latest close

$564.48
Nearest resistance

+19.18% · 5.6 ATR above · 34-bar high

$548.6
Current price

Price shown is delayed

$460.3
Nearest support

-5.28% · 1.5 ATR below · 34-bar low

$436.01
Deeper support zone

-8.73% · 2.5 ATR below latest close

$420.13
ATR zone

Latest close ± ATR14

$444.42 - $476.18

Indicators

Trend

Dow Theory Structure

Confirmation $479.67, invalidation $454.33

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

Trend strength is active

30.2 / 10.3 / 25.4Bearish
Supertrend (10,3)

Price is above Supertrend

$419.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$484.23 / $484.59Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Volatility

ATR (14)

Medium volatility

$15.88 (3.45%)Range
Bollinger Bands (20,2)

Width 22.01%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$502.57 / $450.81Range
ATR channel lower / upper

Current Volatility Envelope

$444.42 / $476.18Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$548.6Range
Support

Nearest Downside Decision Level

$436.01Range

Momentum

RSI (14)

Momentum is weak

41.5Bearish
MACD (12,26,9)

Histogram is negative

-3.043Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.0 / 15.0Bearish
Williams %R (14)

Oversold zone

-89.0Bullish
CCI (20)

Balanced zone

-87.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

25.1Bearish
OBV slope

20-period OBV slope

-8.52%Bearish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Trend

Dow Theory Structure

Confirmation $479.67, invalidation $454.33

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

Trend strength is active

30.2 / 10.3 / 25.4Bearish
Supertrend (10,3)

Price is above Supertrend

$419.81Bullish
Ichimoku Cloud

Cloud Span A / Span B

$484.23 / $484.59Bearish
Donchian Channel (20)

20-period breakout channel position

6%Bearish

Momentum

RSI (14)

Momentum is weak

41.5Bearish
MACD (12,26,9)

Histogram is negative

-3.043Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.0 / 15.0Bearish
Williams %R (14)

Oversold zone

-89.0Bullish
CCI (20)

Balanced zone

-87.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$15.88 (3.45%)Range
Bollinger Bands (20,2)

Width 22.01%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$502.57 / $450.81Range
ATR channel lower / upper

Current Volatility Envelope

$444.42 / $476.18Range

Volume / Money Flow

MFI (14)

Money flow is weak

25.1Bearish
OBV slope

20-period OBV slope

-8.52%Bearish
Volume ratio

Relative to 20-period average volume

0.51xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$548.6Range
Support

Nearest Downside Decision Level

$436.01Range

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