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 $1,118 and stabilize above resistance $1,802.

Invalidation Trigger

Break above $1,802 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 34.1, MACD -7.716

Daily
Volatility EnvironmentBearish
High volatility

ATR is $103.71 (11.06%)

Daily

EMA Structure

Bearish
EMA 8$958.23Bearish
EMA 21$1,118Bearish
EMA 50$1,314.6Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.1 · MACD -7.716

Momentum is weak

Strength
Bearish
Volatility
ATR $103.71 · BB 71.64%

High volatility

Strength
Bearish
Volume
MFI 29.9 · OBV -9.69%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$803.97 - $1,802

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+103.28% · 9.3 ATR above latest close

$1,905.7
Nearest resistance

+92.22% · 8.3 ATR above · 34-bar high

$1,802
Current price

Price shown is delayed

$937.46
Nearest support

-14.24% · 1.3 ATR below · 34-bar low

$803.97
Deeper support zone

-25.3% · 2.3 ATR below latest close

$700.26
ATR zone

Latest close ± ATR14

$833.75 - $1,041.2

Indicators

Trend

Dow Theory Structure

Confirmation $803.97, invalidation $1,011.1

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

Trend strength is active

47.0 / 20.1 / 41.8Bearish
Supertrend (10,3)

Price is above Supertrend

$613.23Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,099.8 / $1,356.7Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Volatility

ATR (14)

High volatility

$103.71 (11.06%)Bearish
Bollinger Bands (20,2)

Width 71.64%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,305.6 / $908.12Bearish
ATR channel lower / upper

Current Volatility Envelope

$833.75 / $1,041.2Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,802Range
Support

Nearest Downside Decision Level

$803.97Range

Momentum

RSI (14)

Momentum is weak

34.1Bearish
MACD (12,26,9)

Histogram is negative

-7.716Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.1 / 24.3Bearish
Williams %R (14)

Neutral zone

-77.9Range
CCI (20)

Balanced zone

-80.2Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

29.9Bearish
OBV slope

20-period OBV slope

-9.69%Bearish
Volume ratio

Relative to 20-period average volume

1.34xBullish

Trend

Dow Theory Structure

Confirmation $803.97, invalidation $1,011.1

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

Trend strength is active

47.0 / 20.1 / 41.8Bearish
Supertrend (10,3)

Price is above Supertrend

$613.23Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,099.8 / $1,356.7Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Momentum

RSI (14)

Momentum is weak

34.1Bearish
MACD (12,26,9)

Histogram is negative

-7.716Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

22.1 / 24.3Bearish
Williams %R (14)

Neutral zone

-77.9Range
CCI (20)

Balanced zone

-80.2Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$103.71 (11.06%)Bearish
Bollinger Bands (20,2)

Width 71.64%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,305.6 / $908.12Bearish
ATR channel lower / upper

Current Volatility Envelope

$833.75 / $1,041.2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

29.9Bearish
OBV slope

20-period OBV slope

-9.69%Bearish
Volume ratio

Relative to 20-period average volume

1.34xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,802Range
Support

Nearest Downside Decision Level

$803.97Range

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