US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

4 hoursBearish69%
4h Downside probability 69%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 $1,672.4 and stabilize above resistance $1,813.3.

Invalidation Trigger

Break above $1,813.3 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 45.4, MACD -19.778

4h
Volatility EnvironmentRange
Medium volatility

ATR is $42.81 (2.63%)

4h

EMA Structure

Range
EMA 8$1,669.7Bearish
EMA 21$1,672.4Bearish
EMA 50$1,622.3Bullish

Signals

CategoryReadStrength
Momentum
RSI 45.4 · MACD -19.778

Neutral zone

Strength
Bearish
Volatility
ATR $42.81 · BB 12.19%

Medium volatility

Strength
Range
Volume
MFI 31.4 · OBV 4.64%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,449.5 - $1,813.3

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+13.8% · 5.3 ATR above latest close

$1,856.1
Nearest resistance

+11.18% · 4.3 ATR above · 34-bar high

$1,813.3
Current price

Price shown is delayed

$1,631
Nearest support

-11.13% · 4.2 ATR below · 34-bar low

$1,449.5
Deeper support zone

-13.75% · 5.2 ATR below latest close

$1,406.7
ATR zone

Latest close ± ATR14

$1,588.2 - $1,673.8

Indicators

Trend

Dow Theory Structure

Confirmation $1,616.8, invalidation $1,734.1

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

Trend strength is active

48.8 / 10.1 / 30.3Bearish
Supertrend (10,3)

Price is above Supertrend

$1,513.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,678.9 / $1,624.4Bearish
Donchian Channel (20)

20-period breakout channel position

28%Range

Volatility

ATR (14)

Medium volatility

$42.81 (2.63%)Range
Bollinger Bands (20,2)

Width 12.19%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,753.3 / $1,594.7Range
ATR channel lower / upper

Current Volatility Envelope

$1,588.2 / $1,673.8Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,813.3Range
Support

Nearest Downside Decision Level

$1,449.5Range

Momentum

RSI (14)

Neutral zone

45.4Range
MACD (12,26,9)

Histogram is negative

-19.778Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.5 / 8.5Bearish
Williams %R (14)

Oversold zone

-92.5Bullish
CCI (20)

Weak expansion

-116.2Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.4Bearish
OBV slope

20-period OBV slope

4.64%Bullish
Volume ratio

Relative to 20-period average volume

0.43xBearish

Trend

Dow Theory Structure

Confirmation $1,616.8, invalidation $1,734.1

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

Trend strength is active

48.8 / 10.1 / 30.3Bearish
Supertrend (10,3)

Price is above Supertrend

$1,513.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,678.9 / $1,624.4Bearish
Donchian Channel (20)

20-period breakout channel position

28%Range

Momentum

RSI (14)

Neutral zone

45.4Range
MACD (12,26,9)

Histogram is negative

-19.778Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

7.5 / 8.5Bearish
Williams %R (14)

Oversold zone

-92.5Bullish
CCI (20)

Weak expansion

-116.2Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Medium volatility

$42.81 (2.63%)Range
Bollinger Bands (20,2)

Width 12.19%

11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,753.3 / $1,594.7Range
ATR channel lower / upper

Current Volatility Envelope

$1,588.2 / $1,673.8Range

Volume / Money Flow

MFI (14)

Money flow is weak

31.4Bearish
OBV slope

20-period OBV slope

4.64%Bullish
Volume ratio

Relative to 20-period average volume

0.43xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,813.3Range
Support

Nearest Downside Decision Level

$1,449.5Range

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