US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

1 weekBullish63%
Weekly Upside probability 63%Bullish

SNDK 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $199.5 and reclaim $2,354.4.

Invalidation Trigger

Lose $199.5 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 48.3, MACD -92.302

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $384.81 (33.16%)

Weekly

EMA Structure

Bullish
EMA 8$1,456Bearish
EMA 21$1,336.1Bearish
EMA 50$914.19Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.3 · MACD -92.302

Neutral zone

Strength
Bearish
Volatility
ATR $384.81 · BB 125.94%

High volatility

Strength
Bearish
Volume
MFI 43.4 · OBV 35.11%

Relative to 20-period average volume

Strength
Range
Price Levels
$199.5 - $2,354.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+136.04% · 4.1 ATR above latest close

$2,739.2
Nearest resistance

+102.88% · 3.1 ATR above · 34-bar high

$2,354.4
Current price

Price shown is delayed

$1,160.5
Nearest support

-82.81% · 2.5 ATR below · 34-bar low

$199.5
Deeper support zone

-115.97% · 3.5 ATR below latest close

-$185.31
ATR zone

Latest close ± ATR14

$775.65 - $1,545.3

Indicators

Trend

Dow Theory Structure

Confirmation $2,354.4, invalidation $558.58

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

Trend strength is active

58.8 / 22.6 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

-$49.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,556 / $1,198.6Bearish
Donchian Channel (20)

20-period breakout channel position

34%Range

Volatility

ATR (14)

High volatility

$384.81 (33.16%)Bearish
Bollinger Bands (20,2)

Width 125.94%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,198.5 / $507.65Bearish
ATR channel lower / upper

Current Volatility Envelope

$775.65 / $1,545.3Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$199.5Range

Momentum

RSI (14)

Neutral zone

48.3Range
MACD (12,26,9)

Histogram is negative

-92.302Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.0 / 22.0Bearish
Williams %R (14)

Oversold zone

-88.0Bullish
CCI (20)

Balanced zone

-36.0Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

43.4Bearish
OBV slope

20-period OBV slope

35.11%Bullish
Volume ratio

Relative to 20-period average volume

0.14xBearish

Trend

Dow Theory Structure

Confirmation $2,354.4, invalidation $558.58

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

Trend strength is active

58.8 / 22.6 / 18.0Bullish
Supertrend (10,3)

Price is above Supertrend

-$49.29Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,556 / $1,198.6Bearish
Donchian Channel (20)

20-period breakout channel position

34%Range

Momentum

RSI (14)

Neutral zone

48.3Range
MACD (12,26,9)

Histogram is negative

-92.302Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.0 / 22.0Bearish
Williams %R (14)

Oversold zone

-88.0Bullish
CCI (20)

Balanced zone

-36.0Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$384.81 (33.16%)Bearish
Bollinger Bands (20,2)

Width 125.94%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,198.5 / $507.65Bearish
ATR channel lower / upper

Current Volatility Envelope

$775.65 / $1,545.3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

43.4Bearish
OBV slope

20-period OBV slope

35.11%Bullish
Volume ratio

Relative to 20-period average volume

0.14xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$199.5Range

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