SANDISK CORP (SNDK) Stock Technical Analysis
NASDAQ:SNDK - Nasdaq - US80004C2008 - Common Stock - Currency: USD
Taking everything into account, SNDK scores 6 out of 10 in our technical rating. In the last year, SNDK was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, SNDK is a bad performer in the overall market: 100% of all stocks are doing better.
SNDK is one of the lesser performing stocks in the Technology Hardware, Storage & Peripherals industry. 93% of 32 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month SNDK has a been trading in the 36.21 - 49.82 range, which is quite wide. It is currently trading near the high of this range.
SNDK has an average volume of 2863530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
More info and screens
46.68
47.92
We found 1 important resistance area.
- A resistance zone ranging from 47.16 to 47.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for SNDK is up. |
| 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 | POSITIVE | The current price of SNDK is above 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) | 70.62 | OVERBOUGHT | The high RSI value suggests SNDK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests SNDK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.02 | OVERBOUGHT | The high Stochastics value suggests SNDK may be overbought. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for SNDK suggests some volalility. |
| Average Directional Index/ADX (14) | 31.45 | POSITIVE | The high ADX value value for SNDK suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
47.15
-0.29 (-0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-0.61%
1 Week1.22%
2 Weeks14.16%
1 Month22.15%
3 Month-3.72%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.35
ATR(20)%4.82%
ATR Inc-9.58%
Range Today1.55
ADR(20)2.2
ADR(20)%4.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High49.82
10 Day Low40.78
20 Day High49.82
20 Day Low36.21
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start47.16
Volume & EV
DER(3)0.35%
DER(5)-0.91%
Volume3.62M
Volume Incr-27.31%
Vol(5)2.59M
Vol(50)2.86M