US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

1 hourBearish92%
1h Downside probability 92%Bearish

SNDK 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $1,436.5 and stabilize above resistance $1,497.8.

Invalidation Trigger

Break above $1,497.8 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 30.5, MACD -2.731

1h
Volatility EnvironmentBullish
Low volatility

ATR is $18.69 (1.35%)

1h

EMA Structure

Bearish
EMA 8$1,416.2Bearish
EMA 21$1,436.5Bearish
EMA 50$1,479.2Bearish

Signals

CategoryReadStrength
Momentum
RSI 30.5 · MACD -2.731

Momentum is weak

Strength
Bearish
Volatility
ATR $18.69 · BB 7.48%

Low volatility

Strength
Bullish
Volume
MFI 27.9 · OBV -3.07%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$1,388.2 - $1,497.8

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.21% · 6.8 ATR above latest close

$1,516.5
Nearest resistance

+7.87% · 5.8 ATR above · 34-bar high

$1,497.8
Current price

Price shown is delayed

$1,388.5
Nearest support

-0.02% · 0.0 ATR below · 34-bar low

$1,388.2
Deeper support zone

-1.37% · 1.0 ATR below latest close

$1,369.5
ATR zone

Latest close ± ATR14

$1,369.8 - $1,407.2

Indicators

Trend

Dow Theory Structure

Confirmation $1,452, invalidation $1,438

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

Trend strength is active

37.1 / 0.4 / 46.1Bearish
Supertrend (10,3)

Price is above Supertrend

$1,341Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,431.5 / $1,496.1Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Volatility

ATR (14)

Low volatility

$18.69 (1.35%)Bullish
Bollinger Bands (20,2)

Width 7.48%

0%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,472.2 / $1,398.1Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,369.8 / $1,407.2Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,497.8Range
Support

Nearest Downside Decision Level

$1,388.2Range

Momentum

RSI (14)

Momentum is weak

30.5Bearish
MACD (12,26,9)

Histogram is negative

-2.731Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.3 / 4.2Bearish
Williams %R (14)

Oversold zone

-99.7Bullish
CCI (20)

Weak expansion

-172.2Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

27.9Bearish
OBV slope

20-period OBV slope

-3.07%Bearish
Volume ratio

Relative to 20-period average volume

2.03xBullish

Trend

Dow Theory Structure

Confirmation $1,452, invalidation $1,438

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

Trend strength is active

37.1 / 0.4 / 46.1Bearish
Supertrend (10,3)

Price is above Supertrend

$1,341Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,431.5 / $1,496.1Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Momentum

RSI (14)

Momentum is weak

30.5Bearish
MACD (12,26,9)

Histogram is negative

-2.731Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.3 / 4.2Bearish
Williams %R (14)

Oversold zone

-99.7Bullish
CCI (20)

Weak expansion

-172.2Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$18.69 (1.35%)Bullish
Bollinger Bands (20,2)

Width 7.48%

0%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,472.2 / $1,398.1Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,369.8 / $1,407.2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

27.9Bearish
OBV slope

20-period OBV slope

-3.07%Bearish
Volume ratio

Relative to 20-period average volume

2.03xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,497.8Range
Support

Nearest Downside Decision Level

$1,388.2Range

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