US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

1 hourBearish79%
1h Downside probability 79%Bearish

SNDK 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $1,746.5 and stabilize above resistance $1,805.4.

Invalidation Trigger

Break above $1,805.4 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 41.9, MACD -7.264

1h
Volatility EnvironmentBullish
Low volatility

ATR is $25.14 (1.46%)

1h

EMA Structure

Bearish
EMA 8$1,731.4Bearish
EMA 21$1,746.5Bearish
EMA 50$1,748.6Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.9 · MACD -7.264

Momentum is weak

Strength
Bearish
Volatility
ATR $25.14 · BB 6.85%

Low volatility

Strength
Bullish
Volume
MFI 52.6 · OBV -1.27%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,708 - $1,805.4

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.6% · 4.5 ATR above latest close

$1,830.6
Nearest resistance

+5.14% · 3.5 ATR above · 34-bar high

$1,805.4
Current price

Price shown is delayed

$1,717.2
Nearest support

-0.54% · 0.4 ATR below · 34-bar low

$1,708
Deeper support zone

-2% · 1.4 ATR below latest close

$1,682.9
ATR zone

Latest close ± ATR14

$1,692.1 - $1,742.3

Indicators

Trend

Dow Theory Structure

Confirmation $1,805.4, invalidation $1,713.5

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

32.9 / 17.4 / 31.9Bearish
Supertrend (10,3)

Price is above Supertrend

$1,644Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,753.7 / $1,756.7Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Volatility

ATR (14)

Low volatility

$25.14 (1.46%)Bullish
Bollinger Bands (20,2)

Width 6.85%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,806.7 / $1,685.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,692.1 / $1,742.3Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,805.4Range
Support

Nearest Downside Decision Level

$1,708Range

Momentum

RSI (14)

Momentum is weak

41.9Bearish
MACD (12,26,9)

Histogram is negative

-7.264Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.1 / 8.0Bearish
Williams %R (14)

Oversold zone

-95.9Bullish
CCI (20)

Balanced zone

-89.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.6Range
OBV slope

20-period OBV slope

-1.27%Bearish
Volume ratio

Relative to 20-period average volume

1.43xBullish

Trend

Dow Theory Structure

Confirmation $1,805.4, invalidation $1,713.5

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

32.9 / 17.4 / 31.9Bearish
Supertrend (10,3)

Price is above Supertrend

$1,644Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,753.7 / $1,756.7Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Momentum

RSI (14)

Momentum is weak

41.9Bearish
MACD (12,26,9)

Histogram is negative

-7.264Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

4.1 / 8.0Bearish
Williams %R (14)

Oversold zone

-95.9Bullish
CCI (20)

Balanced zone

-89.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$25.14 (1.46%)Bullish
Bollinger Bands (20,2)

Width 6.85%

14%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,806.7 / $1,685.4Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,692.1 / $1,742.3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.6Range
OBV slope

20-period OBV slope

-1.27%Bearish
Volume ratio

Relative to 20-period average volume

1.43xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,805.4Range
Support

Nearest Downside Decision Level

$1,708Range

Related Forecasts