US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

4 hoursBearish66%
4h Downside probability 66%Bearish

SNDK 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $1,782.4 and stabilize above resistance $2,113.

Invalidation Trigger

Break above $2,113 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 46.4, MACD 1.625

4h
Volatility EnvironmentBearish
High volatility

ATR is $91.19 (5.22%)

4h

EMA Structure

Bearish
EMA 8$1,758.7Bearish
EMA 21$1,782.4Bearish
EMA 50$1,843.4Bearish

Signals

CategoryReadStrength
Momentum
RSI 46.4 · MACD 1.625

Neutral zone

Strength
Bearish
Volatility
ATR $91.19 · BB 24.87%

High volatility

Strength
Bearish
Volume
MFI 53.0 · OBV 9.07%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,492 - $2,113

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+26.1% · 5.0 ATR above latest close

$2,204.2
Nearest resistance

+20.88% · 4.0 ATR above · 34-bar high

$2,113
Current price

Price shown is delayed

$1,748
Nearest support

-14.65% · 2.8 ATR below · 34-bar low

$1,492
Deeper support zone

-19.86% · 3.8 ATR below latest close

$1,400.8
ATR zone

Latest close ± ATR14

$1,656.8 - $1,839.2

Indicators

Trend

Dow Theory Structure

Confirmation $1,614, invalidation $1,815

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

Trend strength is moderate

11.4 / 20.5 / 32.1Bearish
Supertrend (10,3)

Price is above Supertrend

$1,502.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,748.4 / $1,936Bearish
Donchian Channel (20)

20-period breakout channel position

56%Range

Volatility

ATR (14)

High volatility

$91.19 (5.22%)Bearish
Bollinger Bands (20,2)

Width 24.87%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,950.3 / $1,610.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,656.8 / $1,839.2Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,113Range
Support

Nearest Downside Decision Level

$1,492Range

Momentum

RSI (14)

Neutral zone

46.4Range
MACD (12,26,9)

Histogram is positive

1.625Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.6 / 44.0Bearish
Williams %R (14)

Neutral zone

-60.4Range
CCI (20)

Balanced zone

-12.4Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.0Range
OBV slope

20-period OBV slope

9.07%Bullish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Trend

Dow Theory Structure

Confirmation $1,614, invalidation $1,815

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

Trend strength is moderate

11.4 / 20.5 / 32.1Bearish
Supertrend (10,3)

Price is above Supertrend

$1,502.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,748.4 / $1,936Bearish
Donchian Channel (20)

20-period breakout channel position

56%Range

Momentum

RSI (14)

Neutral zone

46.4Range
MACD (12,26,9)

Histogram is positive

1.625Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

39.6 / 44.0Bearish
Williams %R (14)

Neutral zone

-60.4Range
CCI (20)

Balanced zone

-12.4Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$91.19 (5.22%)Bearish
Bollinger Bands (20,2)

Width 24.87%

44%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,950.3 / $1,610.2Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,656.8 / $1,839.2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.0Range
OBV slope

20-period OBV slope

9.07%Bullish
Volume ratio

Relative to 20-period average volume

0.63xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,113Range
Support

Nearest Downside Decision Level

$1,492Range

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