US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

1 monthBullish71%
Monthly Upside probability 71%Bullish

SNDK 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: Dow Theory structure confirms HH/HL

Confirmation Trigger

Hold above $27.89 and reclaim $2,354.4.

Invalidation Trigger

Lose $27.89 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 68.8, MACD --

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $387.6 (23.73%)

Monthly

EMA Structure

Range
EMA 8$1,318.8Bullish
EMA 21--Range
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 68.8 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $387.6 · BB 443.13%

High volatility

Strength
Bearish
Volume
MFI 84.2 · OBV --%

Relative to 20-period average volume

Strength
Range
Price Levels
$27.89 - $2,354.4

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+67.88% · 2.9 ATR above latest close

$2,742
Nearest resistance

+44.14% · 1.9 ATR above · 20-bar high

$2,354.4
Current price

Price shown is delayed

$1,633.4
Nearest support

-98.29% · 4.1 ATR below · 20-bar low

$27.89
Deeper support zone

-122.02% · 5.1 ATR below latest close

-$359.72
ATR zone

Latest close ± ATR14

$1,245.7 - $2,021

Indicators

Trend

Dow Theory Structure

Confirmation $2,354.4, invalidation $998.19

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$115.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

69%Bullish

Volatility

ATR (14)

High volatility

$387.6 (23.73%)Bearish
Bollinger Bands (20,2)

Width 443.13%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,645.8 / -$411.6Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,245.7 / $2,021Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$27.89Range

Momentum

RSI (14)

Momentum is strong

68.8Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

68.8 / 61.0Bullish
Williams %R (14)

Neutral zone

-31.2Range
CCI (20)

Strong expansion

126.5Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

84.2Bullish
OBV slope

20-period OBV slope

--%Bearish
Volume ratio

Relative to 20-period average volume

0.41xBearish

Trend

Dow Theory Structure

Confirmation $2,354.4, invalidation $998.19

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$115.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

69%Bullish

Momentum

RSI (14)

Momentum is strong

68.8Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

68.8 / 61.0Bullish
Williams %R (14)

Neutral zone

-31.2Range
CCI (20)

Strong expansion

126.5Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$387.6 (23.73%)Bearish
Bollinger Bands (20,2)

Width 443.13%

87%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,645.8 / -$411.6Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,245.7 / $2,021Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

84.2Bullish
OBV slope

20-period OBV slope

--%Bearish
Volume ratio

Relative to 20-period average volume

0.41xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$27.89Range

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