US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

1 weekRange50%
Weekly Range probability 100%Range

SNDK 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $517 - $2,354.4 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 48.9, MACD -51.825

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $281.7 (20.07%)

Weekly

EMA Structure

Bullish
EMA 8$1,598.2Bearish
EMA 21$1,518.9Bearish
EMA 50$1,153.2Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.9 · MACD -51.825

Neutral zone

Strength
Bearish
Volatility
ATR $281.7 · BB 62.54%

High volatility

Strength
Bearish
Volume
MFI 60.4 · OBV -14.73%

Relative to 20-period average volume

Strength
Range
Price Levels
$517 - $2,354.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+87.84% · 4.4 ATR above latest close

$2,636.1
Nearest resistance

+67.77% · 3.4 ATR above · 34-bar high

$2,354.4
Current price

Price shown is delayed

$1,403.3
Nearest support

-63.16% · 3.1 ATR below · 34-bar low

$517
Deeper support zone

-83.23% · 4.1 ATR below latest close

$235.3
ATR zone

Latest close ± ATR14

$1,121.6 - $1,685

Indicators

Trend

Dow Theory Structure

Confirmation $1,909.5, invalidation $998.19

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

Trend strength is moderate

17.8 / 16.6 / 28.2Bearish
Supertrend (10,3)

Price is above Supertrend

$797.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,637 / $1,248.6Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Volatility

ATR (14)

High volatility

$281.7 (20.07%)Bearish
Bollinger Bands (20,2)

Width 62.54%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,974.3 / $1,085.9Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,121.6 / $1,685Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$517Range

Momentum

RSI (14)

Neutral zone

48.9Range
MACD (12,26,9)

Histogram is negative

-51.825Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

44.5 / 54.0Bearish
Williams %R (14)

Neutral zone

-55.5Range
CCI (20)

Balanced zone

-81.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

-14.73%Bearish
Volume ratio

Relative to 20-period average volume

0.40xBearish

Trend

Dow Theory Structure

Confirmation $1,909.5, invalidation $998.19

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

Trend strength is moderate

17.8 / 16.6 / 28.2Bearish
Supertrend (10,3)

Price is above Supertrend

$797.33Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,637 / $1,248.6Bearish
Donchian Channel (20)

20-period breakout channel position

30%Range

Momentum

RSI (14)

Neutral zone

48.9Range
MACD (12,26,9)

Histogram is negative

-51.825Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

44.5 / 54.0Bearish
Williams %R (14)

Neutral zone

-55.5Range
CCI (20)

Balanced zone

-81.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

High volatility

$281.7 (20.07%)Bearish
Bollinger Bands (20,2)

Width 62.54%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,974.3 / $1,085.9Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,121.6 / $1,685Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

60.4Bullish
OBV slope

20-period OBV slope

-14.73%Bearish
Volume ratio

Relative to 20-period average volume

0.40xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$517Range

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