US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

1 hourBearish63%
1h Downside probability 63%Bearish

SNDK 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $1,597.6 and stabilize above resistance $1,632.

Invalidation Trigger

Break above $1,632 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 48.3, MACD 0.731

1h
Volatility EnvironmentBullish
Low volatility

ATR is $18.14 (1.14%)

1h

EMA Structure

Range
EMA 8$1,597.7Bearish
EMA 21$1,597.6Bearish
EMA 50$1,602.7Bearish

Signals

CategoryReadStrength
Momentum
RSI 48.3 · MACD 0.731

Neutral zone

Strength
Bearish
Volatility
ATR $18.14 · BB 2.53%

Low volatility

Strength
Bullish
Volume
MFI 34.6 · OBV 0.69%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,526.8 - $1,632

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+3.52% · 3.1 ATR above latest close

$1,650.1
Nearest resistance

+2.38% · 2.1 ATR above · 34-bar high

$1,632
Current price

Price shown is delayed

$1,594
Nearest support

-4.21% · 3.7 ATR below · 34-bar low

$1,526.8
Deeper support zone

-5.35% · 4.7 ATR below latest close

$1,508.7
ATR zone

Latest close ± ATR14

$1,575.9 - $1,612.1

Indicators

Trend

Dow Theory Structure

Confirmation $1,608, invalidation $1,578.5

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

Trend strength is moderate

12.5 / 20.2 / 18.9Bullish
Supertrend (10,3)

Price is above Supertrend

$1,548.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,588.3 / $1,618.4Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Volatility

ATR (14)

Low volatility

$18.14 (1.14%)Bullish
Bollinger Bands (20,2)

Width 2.53%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,629.1 / $1,566Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,575.9 / $1,612.1Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,632Range
Support

Nearest Downside Decision Level

$1,526.8Range

Momentum

RSI (14)

Neutral zone

48.3Range
MACD (12,26,9)

Histogram is positive

0.731Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.9 / 44.8Bearish
Williams %R (14)

Neutral zone

-66.1Range
CCI (20)

Balanced zone

-16.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.6Bearish
OBV slope

20-period OBV slope

0.69%Bullish
Volume ratio

Relative to 20-period average volume

1.49xBullish

Trend

Dow Theory Structure

Confirmation $1,608, invalidation $1,578.5

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

Trend strength is moderate

12.5 / 20.2 / 18.9Bullish
Supertrend (10,3)

Price is above Supertrend

$1,548.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,588.3 / $1,618.4Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Momentum

RSI (14)

Neutral zone

48.3Range
MACD (12,26,9)

Histogram is positive

0.731Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

33.9 / 44.8Bearish
Williams %R (14)

Neutral zone

-66.1Range
CCI (20)

Balanced zone

-16.5Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$18.14 (1.14%)Bullish
Bollinger Bands (20,2)

Width 2.53%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,629.1 / $1,566Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,575.9 / $1,612.1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

34.6Bearish
OBV slope

20-period OBV slope

0.69%Bullish
Volume ratio

Relative to 20-period average volume

1.49xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,632Range
Support

Nearest Downside Decision Level

$1,526.8Range

Related Forecasts