US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

SNDK 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $1,447 and stabilize above resistance $2,354.4.

Invalidation Trigger

Break above $2,354.4 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 39.7, MACD -29.100

Daily
Volatility EnvironmentBearish
High volatility

ATR is $179.74 (15.49%)

Daily

EMA Structure

Bearish
EMA 8$1,268.4Bearish
EMA 21$1,447Bearish
EMA 50$1,527.4Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.7 · MACD -29.100

Momentum is weak

Strength
Bearish
Volatility
ATR $179.74 · BB 67.59%

High volatility

Strength
Bearish
Volume
MFI 45.8 · OBV -7.88%

Relative to 20-period average volume

Strength
Range
Price Levels
$998.19 - $2,354.4

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+118.37% · 7.6 ATR above latest close

$2,534.1
Nearest resistance

+102.88% · 6.6 ATR above · 34-bar high

$2,354.4
Current price

Price shown is delayed

$1,160.5
Nearest support

-13.98% · 0.9 ATR below · 34-bar low

$998.19
Deeper support zone

-29.47% · 1.9 ATR below latest close

$818.45
ATR zone

Latest close ± ATR14

$980.72 - $1,340.2

Indicators

Trend

Dow Theory Structure

Confirmation $998.19, invalidation $1,405

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

Trend strength is active

34.4 / 20.9 / 31.2Bearish
Supertrend (10,3)

Price is above Supertrend

$589.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,493.4 / $1,676.3Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Volatility

ATR (14)

High volatility

$179.74 (15.49%)Bearish
Bollinger Bands (20,2)

Width 67.59%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,806.2 / $1,067.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$980.72 / $1,340.2Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$998.19Range

Momentum

RSI (14)

Momentum is weak

39.7Bearish
MACD (12,26,9)

Histogram is negative

-29.100Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.2 / 30.1Bearish
Williams %R (14)

Neutral zone

-76.8Range
CCI (20)

Weak expansion

-107.7Bearish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.8Range
OBV slope

20-period OBV slope

-7.88%Bearish
Volume ratio

Relative to 20-period average volume

0.13xBearish

Trend

Dow Theory Structure

Confirmation $998.19, invalidation $1,405

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

Trend strength is active

34.4 / 20.9 / 31.2Bearish
Supertrend (10,3)

Price is above Supertrend

$589.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,493.4 / $1,676.3Bearish
Donchian Channel (20)

20-period breakout channel position

17%Bearish

Momentum

RSI (14)

Momentum is weak

39.7Bearish
MACD (12,26,9)

Histogram is negative

-29.100Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

23.2 / 30.1Bearish
Williams %R (14)

Neutral zone

-76.8Range
CCI (20)

Weak expansion

-107.7Bearish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$179.74 (15.49%)Bearish
Bollinger Bands (20,2)

Width 67.59%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,806.2 / $1,067.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$980.72 / $1,340.2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.8Range
OBV slope

20-period OBV slope

-7.88%Bearish
Volume ratio

Relative to 20-period average volume

0.13xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$998.19Range

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