US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

1 dayBearish81%
Daily Downside probability 81%Bearish

SNDK 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $1,857.9 and stabilize above resistance $2,354.4.

Invalidation Trigger

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

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 47.5, MACD -50.726

Daily
Volatility EnvironmentBearish
High volatility

ATR is $229.47 (13.13%)

Daily

EMA Structure

Range
EMA 8$1,822.3Bearish
EMA 21$1,857.9Bearish
EMA 50$1,675.8Bullish

Signals

CategoryReadStrength
Momentum
RSI 47.5 · MACD -50.726

Neutral zone

Strength
Bearish
Volatility
ATR $229.47 · BB 40.22%

High volatility

Strength
Bearish
Volume
MFI 42.3 · OBV -6.04%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$1,485 - $2,354.4

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+47.82% · 3.6 ATR above latest close

$2,583.9
Nearest resistance

+34.69% · 2.6 ATR above · 34-bar high

$2,354.4
Current price

Price shown is delayed

$1,748
Nearest support

-15.04% · 1.1 ATR below · 34-bar low

$1,485
Deeper support zone

-28.17% · 2.1 ATR below latest close

$1,255.5
ATR zone

Latest close ± ATR14

$1,518.5 - $1,977.5

Indicators

Trend

Dow Theory Structure

Confirmation $1,485, invalidation $1,952.6

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

Trend strength is moderate

19.5 / 25.8 / 35.3Bearish
Supertrend (10,3)

Price is above Supertrend

$1,085.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,863.6 / $1,701.2Bearish
Donchian Channel (20)

20-period breakout channel position

30%Bearish

Volatility

ATR (14)

High volatility

$229.47 (13.13%)Bearish
Bollinger Bands (20,2)

Width 40.22%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,290.5 / $1,430.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,518.5 / $1,977.5Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$1,485Range

Momentum

RSI (14)

Neutral zone

47.5Range
MACD (12,26,9)

Histogram is negative

-50.726Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.5 / 37.0Bearish
Williams %R (14)

Neutral zone

-69.5Range
CCI (20)

Balanced zone

-95.8Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.3Bearish
OBV slope

20-period OBV slope

-6.04%Bearish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Trend

Dow Theory Structure

Confirmation $1,485, invalidation $1,952.6

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

Trend strength is moderate

19.5 / 25.8 / 35.3Bearish
Supertrend (10,3)

Price is above Supertrend

$1,085.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,863.6 / $1,701.2Bearish
Donchian Channel (20)

20-period breakout channel position

30%Bearish

Momentum

RSI (14)

Neutral zone

47.5Range
MACD (12,26,9)

Histogram is negative

-50.726Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.5 / 37.0Bearish
Williams %R (14)

Neutral zone

-69.5Range
CCI (20)

Balanced zone

-95.8Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

High volatility

$229.47 (13.13%)Bearish
Bollinger Bands (20,2)

Width 40.22%

22%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,290.5 / $1,430.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,518.5 / $1,977.5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.3Bearish
OBV slope

20-period OBV slope

-6.04%Bearish
Volume ratio

Relative to 20-period average volume

0.53xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$1,485Range

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