US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

4 hoursBearish62%
4h Downside probability 62%Bearish

SNDK 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $1,741 and stabilize above resistance $1,902.2.

Invalidation Trigger

Break above $1,902.2 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 45.6, MACD -2.826

4h
Volatility EnvironmentRange
Low volatility

ATR is $36.84 (2.15%)

4h

EMA Structure

Range
EMA 8$1,736.4Bearish
EMA 21$1,741Bearish
EMA 50$1,724.6Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.6 · MACD -2.826

Neutral zone

Strength
Bearish
Volatility
ATR $36.84 · BB 5.49%

Low volatility

Strength
Range
Volume
MFI 42.5 · OBV -1.55%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$1,678 - $1,902.2

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+12.92% · 6.0 ATR above latest close

$1,939.1
Nearest resistance

+10.77% · 5.0 ATR above · 34-bar high

$1,902.2
Current price

Price shown is delayed

$1,717.2
Nearest support

-2.28% · 1.1 ATR below · 34-bar low

$1,678
Deeper support zone

-4.43% · 2.1 ATR below latest close

$1,641.2
ATR zone

Latest close ± ATR14

$1,680.4 - $1,754

Indicators

Trend

Dow Theory Structure

Confirmation $1,805.4, invalidation $1,713.5

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

Trend strength is active

27.4 / 22.3 / 22.8Bearish
Supertrend (10,3)

Price is above Supertrend

$1,604Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,751.3 / $1,703.2Bearish
Donchian Channel (20)

20-period breakout channel position

31%Bearish

Volatility

ATR (14)

Low volatility

$36.84 (2.15%)Range
Bollinger Bands (20,2)

Width 5.49%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,828.2 / $1,653.6Range
ATR channel lower / upper

Current Volatility Envelope

$1,680.4 / $1,754Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,902.2Range
Support

Nearest Downside Decision Level

$1,678Range

Momentum

RSI (14)

Neutral zone

45.6Range
MACD (12,26,9)

Histogram is negative

-2.826Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.4 / 19.0Bearish
Williams %R (14)

Oversold zone

-89.6Bullish
CCI (20)

Balanced zone

-24.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.5Bearish
OBV slope

20-period OBV slope

-1.55%Bearish
Volume ratio

Relative to 20-period average volume

0.45xBearish

Trend

Dow Theory Structure

Confirmation $1,805.4, invalidation $1,713.5

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

Trend strength is active

27.4 / 22.3 / 22.8Bearish
Supertrend (10,3)

Price is above Supertrend

$1,604Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,751.3 / $1,703.2Bearish
Donchian Channel (20)

20-period breakout channel position

31%Bearish

Momentum

RSI (14)

Neutral zone

45.6Range
MACD (12,26,9)

Histogram is negative

-2.826Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

10.4 / 19.0Bearish
Williams %R (14)

Oversold zone

-89.6Bullish
CCI (20)

Balanced zone

-24.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$36.84 (2.15%)Range
Bollinger Bands (20,2)

Width 5.49%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,828.2 / $1,653.6Range
ATR channel lower / upper

Current Volatility Envelope

$1,680.4 / $1,754Range

Volume / Money Flow

MFI (14)

Money flow is weak

42.5Bearish
OBV slope

20-period OBV slope

-1.55%Bearish
Volume ratio

Relative to 20-period average volume

0.45xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,902.2Range
Support

Nearest Downside Decision Level

$1,678Range

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