US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

4 hoursBullish56%
4h Upside probability 56%Bullish

SNDK 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $1,260.4 and reclaim $1,828.

Invalidation Trigger

Lose $1,260.4 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateRange
Momentum mixed

RSI 52.5, MACD -14.793

4h
Volatility EnvironmentRange
Medium volatility

ATR is $61.06 (3.83%)

4h

EMA Structure

Bullish
EMA 8$1,597Bearish
EMA 21$1,588.8Bullish
EMA 50$1,520.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.5 · MACD -14.793

Neutral zone

Strength
Range
Volatility
ATR $61.06 · BB 18.57%

Medium volatility

Strength
Range
Volume
MFI 22.6 · OBV -5.83%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$1,260.4 - $1,828

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+18.51% · 4.8 ATR above latest close

$1,889
Nearest resistance

+14.68% · 3.8 ATR above · 34-bar high

$1,828
Current price

Price shown is delayed

$1,594
Nearest support

-20.93% · 5.5 ATR below · 34-bar low

$1,260.4
Deeper support zone

-24.76% · 6.5 ATR below latest close

$1,199.3
ATR zone

Latest close ± ATR14

$1,532.9 - $1,655.1

Indicators

Trend

Dow Theory Structure

Confirmation $1,526.8, invalidation $1,625.2

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

22.2 / 13.4 / 10.4Bullish
Supertrend (10,3)

Price is above Supertrend

$1,457Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,628.2 / $1,495.5Bearish
Donchian Channel (20)

20-period breakout channel position

22%Range

Volatility

ATR (14)

Medium volatility

$61.06 (3.83%)Range
Bollinger Bands (20,2)

Width 18.57%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,683.6 / $1,498.4Range
ATR channel lower / upper

Current Volatility Envelope

$1,532.9 / $1,655.1Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,828Range
Support

Nearest Downside Decision Level

$1,260.4Range

Momentum

RSI (14)

Neutral zone

52.5Range
MACD (12,26,9)

Histogram is negative

-14.793Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.7 / 34.6Bullish
Williams %R (14)

Neutral zone

-63.3Range
CCI (20)

Balanced zone

-50.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

22.6Bearish
OBV slope

20-period OBV slope

-5.83%Bearish
Volume ratio

Relative to 20-period average volume

0.20xBearish

Trend

Dow Theory Structure

Confirmation $1,526.8, invalidation $1,625.2

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

22.2 / 13.4 / 10.4Bullish
Supertrend (10,3)

Price is above Supertrend

$1,457Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,628.2 / $1,495.5Bearish
Donchian Channel (20)

20-period breakout channel position

22%Range

Momentum

RSI (14)

Neutral zone

52.5Range
MACD (12,26,9)

Histogram is negative

-14.793Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

36.7 / 34.6Bullish
Williams %R (14)

Neutral zone

-63.3Range
CCI (20)

Balanced zone

-50.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Medium volatility

$61.06 (3.83%)Range
Bollinger Bands (20,2)

Width 18.57%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,683.6 / $1,498.4Range
ATR channel lower / upper

Current Volatility Envelope

$1,532.9 / $1,655.1Range

Volume / Money Flow

MFI (14)

Money flow is weak

22.6Bearish
OBV slope

20-period OBV slope

-5.83%Bearish
Volume ratio

Relative to 20-period average volume

0.20xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,828Range
Support

Nearest Downside Decision Level

$1,260.4Range

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