US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

1 weekBullish92%
Weekly Upside probability 92%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 $235.24 and reclaim $2,354.4.

Invalidation Trigger

Lose $235.24 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 56.9, MACD -64.745

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $395.31 (24.77%)

Weekly

EMA Structure

Bullish
EMA 8$1,526.1Bullish
EMA 21$1,388.9Bullish
EMA 50$970.19Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.9 · MACD -64.745

Momentum is strong

Strength
Bullish
Volatility
ATR $395.31 · BB 97.31%

High volatility

Strength
Bearish
Volume
MFI 52.9 · OBV 14.02%

Relative to 20-period average volume

Strength
Range
Price Levels
$235.24 - $2,354.4

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+72.28% · 2.9 ATR above latest close

$2,749.7
Nearest resistance

+47.51% · 1.9 ATR above · 34-bar high

$2,354.4
Current price

Price shown is delayed

$1,596.1
Nearest support

-85.26% · 3.4 ATR below · 34-bar low

$235.24
Deeper support zone

-110.03% · 4.4 ATR below latest close

-$160.07
ATR zone

Latest close ± ATR14

$1,200.8 - $1,991.4

Indicators

Trend

Dow Theory Structure

Confirmation $2,354.4, invalidation $998.19

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

Trend strength is active

50.4 / 20.0 / 17.5Bullish
Supertrend (10,3)

Price is above Supertrend

$383.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,556 / $1,200.2Bullish
Donchian Channel (20)

20-period breakout channel position

55%Range

Volatility

ATR (14)

High volatility

$395.31 (24.77%)Bearish
Bollinger Bands (20,2)

Width 97.31%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$2,245.7 / $564.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,200.8 / $1,991.4Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$235.24Range

Momentum

RSI (14)

Momentum is strong

56.9Bullish
MACD (12,26,9)

Histogram is negative

-64.745Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

44.1 / 35.8Bullish
Williams %R (14)

Neutral zone

-55.9Range
CCI (20)

Balanced zone

33.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.9Range
OBV slope

20-period OBV slope

14.02%Bullish
Volume ratio

Relative to 20-period average volume

0.91xRange

Trend

Dow Theory Structure

Confirmation $2,354.4, invalidation $998.19

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

Trend strength is active

50.4 / 20.0 / 17.5Bullish
Supertrend (10,3)

Price is above Supertrend

$383.53Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,556 / $1,200.2Bullish
Donchian Channel (20)

20-period breakout channel position

55%Range

Momentum

RSI (14)

Momentum is strong

56.9Bullish
MACD (12,26,9)

Histogram is negative

-64.745Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

44.1 / 35.8Bullish
Williams %R (14)

Neutral zone

-55.9Range
CCI (20)

Balanced zone

33.4Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$395.31 (24.77%)Bearish
Bollinger Bands (20,2)

Width 97.31%

56%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$2,245.7 / $564.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,200.8 / $1,991.4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.9Range
OBV slope

20-period OBV slope

14.02%Bullish
Volume ratio

Relative to 20-period average volume

0.91xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,354.4Range
Support

Nearest Downside Decision Level

$235.24Range

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