US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

1 weekBearish66%
Weekly Downside probability 66%Bearish

SNDK 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $1,356.2 and stabilize above resistance $2,354.4.

Invalidation Trigger

Break above $2,354.4 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 40.2, MACD -120.252

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $240.14 (25.62%)

Weekly

EMA Structure

Range
EMA 8$1,213.2Bearish
EMA 21$1,356.2Bearish
EMA 50$1,132.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.2 · MACD -120.252

Momentum is weak

Strength
Bearish
Volatility
ATR $240.14 · BB 79.81%

High volatility

Strength
Bearish
Volume
MFI 52.3 · OBV -21.04%

Relative to 20-period average volume

Strength
Range
Price Levels
$558.58 - $2,354.4

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+176.76% · 6.9 ATR above latest close

$2,594.5
Nearest resistance

+151.15% · 5.9 ATR above · 34-bar high

$2,354.4
Current price

Price shown is delayed

$937.46
Nearest support

-40.42% · 1.6 ATR below · 34-bar low

$558.58
Deeper support zone

-66.03% · 2.6 ATR below latest close

$318.44
ATR zone

Latest close ± ATR14

$697.32 - $1,177.6

Indicators

Trend

Dow Theory Structure

Confirmation $1,909.5, invalidation $998.19

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

Trend strength is moderate

17.5 / 19.5 / 34.0Bearish
Supertrend (10,3)

Price is above Supertrend

$238.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,468 / $1,268.7Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Volatility

ATR (14)

High volatility

$240.14 (25.62%)Bearish
Bollinger Bands (20,2)

Width 79.81%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,810.4 / $903.51Bearish
ATR channel lower / upper

Current Volatility Envelope

$697.32 / $1,177.6Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$558.58Range

Momentum

RSI (14)

Momentum is weak

40.2Bearish
MACD (12,26,9)

Histogram is negative

-120.252Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.1 / 10.5Bullish
Williams %R (14)

Oversold zone

-87.9Bullish
CCI (20)

Weak expansion

-172.1Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.3Range
OBV slope

20-period OBV slope

-21.04%Bearish
Volume ratio

Relative to 20-period average volume

1.05xRange

Trend

Dow Theory Structure

Confirmation $1,909.5, invalidation $998.19

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

Trend strength is moderate

17.5 / 19.5 / 34.0Bearish
Supertrend (10,3)

Price is above Supertrend

$238.67Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,468 / $1,268.7Bearish
Donchian Channel (20)

20-period breakout channel position

9%Bearish

Momentum

RSI (14)

Momentum is weak

40.2Bearish
MACD (12,26,9)

Histogram is negative

-120.252Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

12.1 / 10.5Bullish
Williams %R (14)

Oversold zone

-87.9Bullish
CCI (20)

Weak expansion

-172.1Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

High volatility

$240.14 (25.62%)Bearish
Bollinger Bands (20,2)

Width 79.81%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,810.4 / $903.51Bearish
ATR channel lower / upper

Current Volatility Envelope

$697.32 / $1,177.6Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.3Range
OBV slope

20-period OBV slope

-21.04%Bearish
Volume ratio

Relative to 20-period average volume

1.05xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$558.58Range

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