US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

1 weekRange53%
Weekly Range probability 94%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 45.9, MACD -74.234

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $260.35 (20.56%)

Weekly

EMA Structure

Bullish
EMA 8$1,506.4Bearish
EMA 21$1,487.3Bearish
EMA 50$1,153.7Bullish

Signals

CategoryReadStrength
Momentum
RSI 45.9 · MACD -74.234

Neutral zone

Strength
Bearish
Volatility
ATR $260.35 · BB 67.78%

High volatility

Strength
Bearish
Volume
MFI 63.0 · OBV -20.73%

Relative to 20-period average volume

Strength
Range
Price Levels
$517 - $2,354.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+106.49% · 5.2 ATR above latest close

$2,614.7
Nearest resistance

+85.93% · 4.2 ATR above · 34-bar high

$2,354.4
Current price

Price shown is delayed

$1,266.3
Nearest support

-59.17% · 2.9 ATR below · 34-bar low

$517
Deeper support zone

-79.73% · 3.9 ATR below latest close

$256.65
ATR zone

Latest close ± ATR14

$1,006 - $1,526.7

Indicators

Trend

Dow Theory Structure

Confirmation $1,909.5, invalidation $998.19

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

Trend strength is moderate

16.6 / 18.0 / 30.1Bearish
Supertrend (10,3)

Price is above Supertrend

$722.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,622.2 / $1,259.5Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Volatility

ATR (14)

High volatility

$260.35 (20.56%)Bearish
Bollinger Bands (20,2)

Width 67.78%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,904 / $1,088Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,006 / $1,526.7Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$517Range

Momentum

RSI (14)

Neutral zone

45.9Range
MACD (12,26,9)

Histogram is negative

-74.234Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.4 / 41.2Bearish
Williams %R (14)

Neutral zone

-70.6Range
CCI (20)

Weak expansion

-111.6Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

63.0Bullish
OBV slope

20-period OBV slope

-20.73%Bearish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Trend

Dow Theory Structure

Confirmation $1,909.5, invalidation $998.19

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

Trend strength is moderate

16.6 / 18.0 / 30.1Bearish
Supertrend (10,3)

Price is above Supertrend

$722.52Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,622.2 / $1,259.5Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Momentum

RSI (14)

Neutral zone

45.9Range
MACD (12,26,9)

Histogram is negative

-74.234Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.4 / 41.2Bearish
Williams %R (14)

Neutral zone

-70.6Range
CCI (20)

Weak expansion

-111.6Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

High volatility

$260.35 (20.56%)Bearish
Bollinger Bands (20,2)

Width 67.78%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,904 / $1,088Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,006 / $1,526.7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

63.0Bullish
OBV slope

20-period OBV slope

-20.73%Bearish
Volume ratio

Relative to 20-period average volume

0.54xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$517Range

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