US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

1 monthBearish58%
Monthly Downside probability 58%Bearish

SNDK 1M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Monthly: Dow Theory structure confirms HH/HL

Confirmation Trigger

Recover -- and stabilize above resistance $2,305.7.

Invalidation Trigger

Break above $2,305.7 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Monthly
Momentum StateBullish
Momentum improving

RSI 99.1, MACD --

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $227.52 (11.59%)

Monthly

EMA Structure

Range
EMA 8$1,063Bullish
EMA 21--Range
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 99.1 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $227.52 · BB --%

High volatility

Strength
Bearish
Volume
MFI 96.9 · OBV --%

Relative to 20-period average volume

Strength
Range
Price Levels
$27.9 - $2,305.7

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+29.05% · 2.5 ATR above latest close

$2,533.2
Nearest resistance

+17.46% · 1.5 ATR above · 17-bar high

$2,305.7
Current price

Price shown is delayed

$1,962.9
Nearest support

-98.58% · 8.5 ATR below · 17-bar low

$27.9
Deeper support zone

-110.17% · 9.5 ATR below latest close

-$199.62
ATR zone

Latest close ± ATR14

$1,735.4 - $2,190.5

Indicators

Trend

Dow Theory Structure

Confirmation $284.22, invalidation $517.67

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

Trend strength is moderate

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

Price is above Supertrend

$968.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

--%Bullish

Volatility

ATR (14)

High volatility

$227.52 (11.59%)Bearish
Bollinger Bands (20,2)

Width --%

--%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

-- / --Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,735.4 / $2,190.5Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,305.7Range
Support

Nearest Downside Decision Level

$27.9Range

Momentum

RSI (14)

Momentum is strong

99.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

84.9 / 94.2Bearish
Williams %R (14)

Overbought zone

-15.1Bearish
CCI (20)

Balanced zone

--Range
TD Sequential

Exhaustion setup is near completion

sell 11Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

96.9Bullish
OBV slope

20-period OBV slope

--%Bearish
Volume ratio

Relative to 20-period average volume

--xBearish

Trend

Dow Theory Structure

Confirmation $284.22, invalidation $517.67

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

Trend strength is moderate

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

Price is above Supertrend

$968.27Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

--%Bullish

Momentum

RSI (14)

Momentum is strong

99.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

84.9 / 94.2Bearish
Williams %R (14)

Overbought zone

-15.1Bearish
CCI (20)

Balanced zone

--Range
TD Sequential

Exhaustion setup is near completion

sell 11Bearish

Volatility

ATR (14)

High volatility

$227.52 (11.59%)Bearish
Bollinger Bands (20,2)

Width --%

--%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

-- / --Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,735.4 / $2,190.5Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

96.9Bullish
OBV slope

20-period OBV slope

--%Bearish
Volume ratio

Relative to 20-period average volume

--xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,305.7Range
Support

Nearest Downside Decision Level

$27.9Range

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