US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

1 monthBullish56%
Monthly Upside probability 56%Bullish

SNDK 1M chart

EMA21EMA50Bollinger
----

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 68.4, MACD --

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $366.49 (22.96%)

Monthly

EMA Structure

Range
EMA 8$1,249.3Bullish
EMA 21--Range
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 68.4 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $366.49 · BB --%

High volatility

Strength
Bearish
Volume
MFI 83.2 · OBV --%

Relative to 20-period average volume

Strength
Range
Price Levels
$27.89 - $2,354.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+70.47% · 3.1 ATR above latest close

$2,720.9
Nearest resistance

+47.51% · 2.1 ATR above · 19-bar high

$2,354.4
Current price

Price shown is delayed

$1,596.1
Nearest support

-98.25% · 4.3 ATR below · 19-bar low

$27.89
Deeper support zone

-121.21% · 5.3 ATR below latest close

-$338.6
ATR zone

Latest close ± ATR14

$1,229.6 - $1,962.6

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

-$48.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

--%Range

Volatility

ATR (14)

High volatility

$366.49 (22.96%)Bearish
Bollinger Bands (20,2)

Width --%

--%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

-- / --Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,229.6 / $1,962.6Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$27.89Range

Momentum

RSI (14)

Momentum is strong

68.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

67.2 / 71.5Bearish
Williams %R (14)

Neutral zone

-32.8Range
CCI (20)

Balanced zone

--Range
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

83.2Bullish
OBV slope

20-period OBV slope

--%Bearish
Volume ratio

Relative to 20-period average volume

--xBearish

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

-$48.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

--%Range

Momentum

RSI (14)

Momentum is strong

68.4Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

67.2 / 71.5Bearish
Williams %R (14)

Neutral zone

-32.8Range
CCI (20)

Balanced zone

--Range
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$366.49 (22.96%)Bearish
Bollinger Bands (20,2)

Width --%

--%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

-- / --Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,229.6 / $1,962.6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

83.2Bullish
OBV slope

20-period OBV slope

--%Bearish
Volume ratio

Relative to 20-period average volume

--xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$27.89Range

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