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 $2,010.2 and stabilize above resistance $2,353.1.

Invalidation Trigger

Break above $2,353.1 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 35.8, MACD -17.046

1h
Volatility EnvironmentRange
Medium volatility

ATR is $43.66 (2.3%)

1h

EMA Structure

Bearish
EMA 8$1,934.3Bearish
EMA 21$2,010.2Bearish
EMA 50$2,035Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.8 · MACD -17.046

Momentum is weak

Strength
Bearish
Volatility
ATR $43.66 · BB 27.27%

Medium volatility

Strength
Range
Volume
MFI 49.8 · OBV -6.29%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,863.8 - $2,353.1

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+26.04% · 11.3 ATR above latest close

$2,396.8
Nearest resistance

+23.74% · 10.3 ATR above · 34-bar high

$2,353.1
Current price

Price shown is delayed

$1,901.6
Nearest support

-1.99% · 0.9 ATR below · 34-bar low

$1,863.8
Deeper support zone

-4.28% · 1.9 ATR below latest close

$1,820.2
ATR zone

Latest close ± ATR14

$1,857.9 - $1,945.2

Indicators

Trend

Dow Theory Structure

Confirmation $1,950, invalidation $2,031.9

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

Trend strength is active

54.1 / 15.7 / 32.4Bearish
Supertrend (10,3)

Price is above Supertrend

$1,767.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$2,028.2 / $2,108.5Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Medium volatility

$43.66 (2.3%)Range
Bollinger Bands (20,2)

Width 27.27%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,084.7 / $1,928Range
ATR channel lower / upper

Current Volatility Envelope

$1,857.9 / $1,945.2Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,353.1Range
Support

Nearest Downside Decision Level

$1,863.8Range

Momentum

RSI (14)

Momentum is weak

35.8Bearish
MACD (12,26,9)

Histogram is negative

-17.046Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.1 / 8.1Bullish
Williams %R (14)

Neutral zone

-79.9Range
CCI (20)

Balanced zone

-90.4Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.8Range
OBV slope

20-period OBV slope

-6.29%Bearish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Trend

Dow Theory Structure

Confirmation $1,950, invalidation $2,031.9

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

Trend strength is active

54.1 / 15.7 / 32.4Bearish
Supertrend (10,3)

Price is above Supertrend

$1,767.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$2,028.2 / $2,108.5Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

35.8Bearish
MACD (12,26,9)

Histogram is negative

-17.046Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.1 / 8.1Bullish
Williams %R (14)

Neutral zone

-79.9Range
CCI (20)

Balanced zone

-90.4Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Medium volatility

$43.66 (2.3%)Range
Bollinger Bands (20,2)

Width 27.27%

25%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,084.7 / $1,928Range
ATR channel lower / upper

Current Volatility Envelope

$1,857.9 / $1,945.2Range

Volume / Money Flow

MFI (14)

Money flow is neutral

49.8Range
OBV slope

20-period OBV slope

-6.29%Bearish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,353.1Range
Support

Nearest Downside Decision Level

$1,863.8Range

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