USA - NASDAQ:SNDK - US80004C2008 - Common Stock
We assign a technical rating of 6 out of 10 to SNDK. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, SNDK is a bad performer.
SNDK has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
172.37
When analyzing the support we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for SNDK is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNDK is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | SNDK has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SNDK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNDK is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 47.15 | NEUTRAL | The RSI value for SNDK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.61 | NEGATIVE | The MACD value suggests SNDK has a negative trend. |
| Stochastics (14,3) | 44.06 | NEUTRAL | The Stochastics value for SNDK is a neutral value. |
| Average True Range in percent/ATR (20) | 14.05 | HIGH VOLATILITY | The high ATR as a percentage value for SNDK suggests high volalility. |
| Average Directional Index/ADX (14) | 47.41 | POSITIVE | The high ADX value value for SNDK suggests a strong trend. |
195.96
-50 (-20.33%)
ChartMill assigns a technical rating of 6 / 10 to SNDK.
The current trend direction for SANDISK CORP (SNDK) is Bullish.
SANDISK CORP (SNDK) has an RSI value of 47.1499. This indicates that the stock is currently neutral.
The short term momentum for SANDISK CORP (SNDK) is neutral.
SANDISK CORP (SNDK) has a support level at 174.11. Check the full technical report for our detailed analysis of SNDK support and resistance levels.