US stock / ETF

Sandisk Corporation

SNDK · NASDAQ · USD

4 hoursBullish72%
4h Upside probability 72%Bullish

SNDK 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $970 and reclaim $1,685.9.

Invalidation Trigger

Lose $970 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 51.5, MACD 24.826

4h
Volatility EnvironmentBearish
High volatility

ATR is $97.6 (7.54%)

4h

EMA Structure

Bearish
EMA 8$1,251.5Bullish
EMA 21$1,254.7Bullish
EMA 50$1,363.7Bearish

Signals

CategoryReadStrength
Momentum
RSI 51.5 · MACD 24.826

Neutral zone

Strength
Bullish
Volatility
ATR $97.6 · BB 34.78%

High volatility

Strength
Bearish
Volume
MFI 65.5 · OBV 7.41%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$970 - $1,685.9

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+37.79% · 5.0 ATR above latest close

$1,783.5
Nearest resistance

+30.25% · 4.0 ATR above · 34-bar high

$1,685.9
Current price

Price shown is delayed

$1,294.4
Nearest support

-25.06% · 3.3 ATR below · 34-bar low

$970
Deeper support zone

-32.6% · 4.3 ATR below latest close

$872.4
ATR zone

Latest close ± ATR14

$1,196.8 - $1,391.9

Indicators

Trend

Dow Theory Structure

Confirmation $1,121.3, invalidation $1,405

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

Trend strength is active

28.2 / 30.8 / 18.5Bullish
Supertrend (10,3)

Price is above Supertrend

$1,020.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,255.9 / $1,328Bearish
Donchian Channel (20)

20-period breakout channel position

75%Range

Volatility

ATR (14)

High volatility

$97.6 (7.54%)Bearish
Bollinger Bands (20,2)

Width 34.78%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,428.9 / $1,075.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,196.8 / $1,391.9Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,685.9Range
Support

Nearest Downside Decision Level

$970Range

Momentum

RSI (14)

Neutral zone

51.5Range
MACD (12,26,9)

Histogram is positive

24.826Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.6 / 71.2Bullish
Williams %R (14)

Neutral zone

-25.4Range
CCI (20)

Balanced zone

83.4Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.5Bullish
OBV slope

20-period OBV slope

7.41%Bullish
Volume ratio

Relative to 20-period average volume

0.42xBearish

Trend

Dow Theory Structure

Confirmation $1,121.3, invalidation $1,405

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

Trend strength is active

28.2 / 30.8 / 18.5Bullish
Supertrend (10,3)

Price is above Supertrend

$1,020.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,255.9 / $1,328Bearish
Donchian Channel (20)

20-period breakout channel position

75%Range

Momentum

RSI (14)

Neutral zone

51.5Range
MACD (12,26,9)

Histogram is positive

24.826Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

74.6 / 71.2Bullish
Williams %R (14)

Neutral zone

-25.4Range
CCI (20)

Balanced zone

83.4Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$97.6 (7.54%)Bearish
Bollinger Bands (20,2)

Width 34.78%

77%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,428.9 / $1,075.1Bearish
ATR channel lower / upper

Current Volatility Envelope

$1,196.8 / $1,391.9Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.5Bullish
OBV slope

20-period OBV slope

7.41%Bullish
Volume ratio

Relative to 20-period average volume

0.42xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,685.9Range
Support

Nearest Downside Decision Level

$970Range

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