US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

4 hoursBearish71%
4h Downside probability 71%Bearish

SNDK 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $2,015.2 and stabilize above resistance $2,353.1.

Invalidation Trigger

Break above $2,353.1 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 43.8, MACD -42.487

4h
Volatility EnvironmentRange
Medium volatility

ATR is $93.98 (4.94%)

4h

EMA Structure

Range
EMA 8$2,011.4Bearish
EMA 21$2,015.2Bearish
EMA 50$1,883.4Bullish

Signals

CategoryReadStrength
Momentum
RSI 43.8 · MACD -42.487

Momentum is weak

Strength
Bearish
Volatility
ATR $93.98 · BB 24.06%

Medium volatility

Strength
Range
Volume
MFI 35.4 · OBV -8.91%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$1,537.9 - $2,353.1

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+28.69% · 5.8 ATR above latest close

$2,447.1
Nearest resistance

+23.74% · 4.8 ATR above · 34-bar high

$2,353.1
Current price

Price shown is delayed

$1,901.6
Nearest support

-19.12% · 3.9 ATR below · 34-bar low

$1,537.9
Deeper support zone

-24.07% · 4.9 ATR below latest close

$1,444
ATR zone

Latest close ± ATR14

$1,807.6 - $1,995.6

Indicators

Trend

Dow Theory Structure

Confirmation $2,353.1, invalidation $1,941

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

Trend strength is active

30.9 / 27.7 / 37.7Bearish
Supertrend (10,3)

Price is above Supertrend

$1,648.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$2,060.4 / $1,934.1Bearish
Donchian Channel (20)

20-period breakout channel position

8%Range

Volatility

ATR (14)

Medium volatility

$93.98 (4.94%)Range
Bollinger Bands (20,2)

Width 24.06%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,187.7 / $1,849.8Range
ATR channel lower / upper

Current Volatility Envelope

$1,807.6 / $1,995.6Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,353.1Range
Support

Nearest Downside Decision Level

$1,537.9Range

Momentum

RSI (14)

Momentum is weak

43.8Bearish
MACD (12,26,9)

Histogram is negative

-42.487Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.7 / 6.0Bullish
Williams %R (14)

Oversold zone

-92.3Bullish
CCI (20)

Weak expansion

-120.8Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

35.4Bearish
OBV slope

20-period OBV slope

-8.91%Bearish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Trend

Dow Theory Structure

Confirmation $2,353.1, invalidation $1,941

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

Trend strength is active

30.9 / 27.7 / 37.7Bearish
Supertrend (10,3)

Price is above Supertrend

$1,648.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$2,060.4 / $1,934.1Bearish
Donchian Channel (20)

20-period breakout channel position

8%Range

Momentum

RSI (14)

Momentum is weak

43.8Bearish
MACD (12,26,9)

Histogram is negative

-42.487Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.7 / 6.0Bullish
Williams %R (14)

Oversold zone

-92.3Bullish
CCI (20)

Weak expansion

-120.8Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Medium volatility

$93.98 (4.94%)Range
Bollinger Bands (20,2)

Width 24.06%

16%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,187.7 / $1,849.8Range
ATR channel lower / upper

Current Volatility Envelope

$1,807.6 / $1,995.6Range

Volume / Money Flow

MFI (14)

Money flow is weak

35.4Bearish
OBV slope

20-period OBV slope

-8.91%Bearish
Volume ratio

Relative to 20-period average volume

0.75xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,353.1Range
Support

Nearest Downside Decision Level

$1,537.9Range

Related Forecasts