US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

SNDK 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $1,510.7 and stabilize above resistance $1,752.9.

Invalidation Trigger

Break above $1,752.9 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 27.4, MACD -6.748

4h
Volatility EnvironmentRange
Medium volatility

ATR is $38.2 (2.75%)

4h

EMA Structure

Bearish
EMA 8$1,438.3Bearish
EMA 21$1,510.7Bearish
EMA 50$1,594.9Bearish

Signals

CategoryReadStrength
Momentum
RSI 27.4 · MACD -6.748

Momentum is weak

Strength
Bearish
Volatility
ATR $38.2 · BB 23.23%

Medium volatility

Strength
Range
Volume
MFI 31.6 · OBV -10.38%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$1,388.2 - $1,752.9

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+28.99% · 10.5 ATR above latest close

$1,791.1
Nearest resistance

+26.24% · 9.5 ATR above · 34-bar high

$1,752.9
Current price

Price shown is delayed

$1,388.5
Nearest support

-0.02% · 0.0 ATR below · 34-bar low

$1,388.2
Deeper support zone

-2.77% · 1.0 ATR below latest close

$1,350
ATR zone

Latest close ± ATR14

$1,350.3 - $1,426.7

Indicators

Trend

Dow Theory Structure

Confirmation $1,401, invalidation $1,497.8

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

Trend strength is active

60.6 / 9.2 / 48.1Bearish
Supertrend (10,3)

Price is above Supertrend

$1,285.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,501.9 / $1,596.8Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Volatility

ATR (14)

Medium volatility

$38.2 (2.75%)Range
Bollinger Bands (20,2)

Width 23.23%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,580.1 / $1,431.7Range
ATR channel lower / upper

Current Volatility Envelope

$1,350.3 / $1,426.7Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,752.9Range
Support

Nearest Downside Decision Level

$1,388.2Range

Momentum

RSI (14)

Momentum is weak

27.4Bearish
MACD (12,26,9)

Histogram is negative

-6.748Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.1 / 5.1Bearish
Williams %R (14)

Oversold zone

-99.9Bullish
CCI (20)

Weak expansion

-105.3Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

31.6Bearish
OBV slope

20-period OBV slope

-10.38%Bearish
Volume ratio

Relative to 20-period average volume

0.52xBearish

Trend

Dow Theory Structure

Confirmation $1,401, invalidation $1,497.8

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

Trend strength is active

60.6 / 9.2 / 48.1Bearish
Supertrend (10,3)

Price is above Supertrend

$1,285.3Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,501.9 / $1,596.8Bearish
Donchian Channel (20)

20-period breakout channel position

0%Bearish

Momentum

RSI (14)

Momentum is weak

27.4Bearish
MACD (12,26,9)

Histogram is negative

-6.748Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

0.1 / 5.1Bearish
Williams %R (14)

Oversold zone

-99.9Bullish
CCI (20)

Weak expansion

-105.3Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$38.2 (2.75%)Range
Bollinger Bands (20,2)

Width 23.23%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,580.1 / $1,431.7Range
ATR channel lower / upper

Current Volatility Envelope

$1,350.3 / $1,426.7Range

Volume / Money Flow

MFI (14)

Money flow is weak

31.6Bearish
OBV slope

20-period OBV slope

-10.38%Bearish
Volume ratio

Relative to 20-period average volume

0.52xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,752.9Range
Support

Nearest Downside Decision Level

$1,388.2Range

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