US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

SNDK 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $1,323.5 and stabilize above resistance $1,497.8.

Invalidation Trigger

Break above $1,497.8 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 34.6, MACD -4.774

4h
Volatility EnvironmentRange
Medium volatility

ATR is $42.81 (3.45%)

4h

EMA Structure

Bearish
EMA 8$1,275.6Bearish
EMA 21$1,323.5Bearish
EMA 50$1,413.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.6 · MACD -4.774

Momentum is weak

Strength
Bearish
Volatility
ATR $42.81 · BB 17.22%

Medium volatility

Strength
Range
Volume
MFI 22.0 · OBV -16.69%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$1,224 - $1,497.8

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+24.25% · 7.0 ATR above latest close

$1,540.6
Nearest resistance

+20.79% · 6.0 ATR above · 34-bar high

$1,497.8
Current price

Price shown is delayed

$1,239.9
Nearest support

-1.29% · 0.4 ATR below · 34-bar low

$1,224
Deeper support zone

-4.74% · 1.4 ATR below latest close

$1,181.2
ATR zone

Latest close ± ATR14

$1,197.1 - $1,282.8

Indicators

Trend

Dow Theory Structure

Confirmation $1,224, invalidation $1,315.3

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

Trend strength is active

23.7 / 12.4 / 38.8Bearish
Supertrend (10,3)

Price is above Supertrend

$1,111Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,313.7 / $1,478.6Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Volatility

ATR (14)

Medium volatility

$42.81 (3.45%)Range
Bollinger Bands (20,2)

Width 17.22%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,405.2 / $1,235.1Range
ATR channel lower / upper

Current Volatility Envelope

$1,197.1 / $1,282.8Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,497.8Range
Support

Nearest Downside Decision Level

$1,224Range

Momentum

RSI (14)

Momentum is weak

34.6Bearish
MACD (12,26,9)

Histogram is negative

-4.774Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.0 / 16.0Bearish
Williams %R (14)

Oversold zone

-92.0Bullish
CCI (20)

Weak expansion

-135.9Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

22.0Bearish
OBV slope

20-period OBV slope

-16.69%Bearish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Trend

Dow Theory Structure

Confirmation $1,224, invalidation $1,315.3

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

Trend strength is active

23.7 / 12.4 / 38.8Bearish
Supertrend (10,3)

Price is above Supertrend

$1,111Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,313.7 / $1,478.6Bearish
Donchian Channel (20)

20-period breakout channel position

8%Bearish

Momentum

RSI (14)

Momentum is weak

34.6Bearish
MACD (12,26,9)

Histogram is negative

-4.774Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

8.0 / 16.0Bearish
Williams %R (14)

Oversold zone

-92.0Bullish
CCI (20)

Weak expansion

-135.9Bearish
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$42.81 (3.45%)Range
Bollinger Bands (20,2)

Width 17.22%

9%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,405.2 / $1,235.1Range
ATR channel lower / upper

Current Volatility Envelope

$1,197.1 / $1,282.8Range

Volume / Money Flow

MFI (14)

Money flow is weak

22.0Bearish
OBV slope

20-period OBV slope

-16.69%Bearish
Volume ratio

Relative to 20-period average volume

0.46xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,497.8Range
Support

Nearest Downside Decision Level

$1,224Range

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