SANDISK CORP (SNDK) Technical Analysis
NASDAQ:SNDK • US80004C2008
Current stock price
615.83 USD
+12.66 (+2.1%)
At close:
610.001 USD
-5.83 (-0.95%)
After Hours:
SNDK Technical Rating and Analysis
Overall SNDK gets a technical rating of 9 out of 10. In the last year, SNDK was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, SNDK did better than 99% of all other stocks. On top of that, SNDK also shows a nice and consistent pattern of rising prices.
- SNDK is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 97% of 37 stocks in the same industry.
- SNDK is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SNDK is performing more or less in line with the market.
- SNDK has an average volume of 20313900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month SNDK has a been trading in the 517.00 - 777.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SNDK Weekly and Daily overview Charts
SNDK Setup Rating and Analysis
Although SNDK has an excellent technical rating, it does not present a decent entry opportunity 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
SNDK Support and Resistance Analysis
334.57
621.99
We found 3 important support areas.
- Support @574.36 from a trend line in the weekly time frame.
- A support zone ranging from 527.32 to 527.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @337.95 from a trend line in the daily time frame.
SNDK Technical Indicator Signal Analysis
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 | 99.8 | POSITIVE | SNDK has a high relative strength, it outperformed 99.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNDK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SNDK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNDK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.83 | NEUTRAL | The RSI value for SNDK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -11.81 | NEGATIVE | The MACD value suggests SNDK has a negative trend. |
| Stochastics (14,3) | 35.31 | NEUTRAL | The Stochastics value for SNDK is a neutral value. |
| Average True Range in percent/ATR (20) | 8.7 | HIGH VOLATILITY | The high ATR as a percentage value for SNDK suggests high volalility. |
| Average Directional Index/ADX (14) | 22.47 | NEUTRAL | The ADX value for SNDK suggests a possible start of a new trend. |
SNDK Chart- and CandleStick Pattern Analysis
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)
SNDK Technicals: Chart, Performance Metrics, Trend & Indicators
615.83
+12.66 (+2.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg2.1%
1 Week-13.23%
2 Weeks-6.92%
1 Month-3.07%
3 Month146.28%
6 Month534.09%
12 Month1157.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)53.94
ATR(20)%8.7%
ATR Inc6.32%
Range Today39.15
ADR(20)48.05
ADR(20)%7.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.8
3 months CRS99.49
6 months CRS99.84
Mansfield20.68
10 Day High777.6
10 Day Low599.37
20 Day High777.6
20 Day Low517
52 Week High777.6
52 Week Low27.89
CS1 End574.36
CR1 StartN/A
Volume & EV
DER(3)1.27%
DER(5)0.71%
Volume16.68M
Volume Incr-2.54%
Vol(5)18.79M
Vol(50)20.31M
SANDISK CORP / SNDK TA FAQ
What is the ChartMill technical rating of SANDISK CORP (SNDK) stock?
ChartMill assigns a technical rating of 9 / 10 to SNDK.
Can you provide the trend direction for SANDISK CORP?
The current trend direction for SANDISK CORP (SNDK) is Bullish.
Can you provide the RSI signal for SANDISK CORP?
SANDISK CORP (SNDK) has an RSI value of 46.828. This indicates that the stock is currently neutral.
What is the short term momentum for SANDISK CORP (SNDK) stock?
The short term momentum for SANDISK CORP (SNDK) is neutral.