SANDISK CORP (SNDK) Stock Technical Analysis
NASDAQ:SNDK - Nasdaq - US80004C2008 - Common Stock - Currency: USD
Taking everything into account, SNDK scores 3 out of 10 in our technical rating. In the last year, SNDK was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than SNDK.
SNDK is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, of which 93% are performing better than SNDK.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
SNDK has an average volume of 3030610 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 33.05 - 43.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SNDK has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
36.90
42.43
We found 1 important support area.
- A support zone ranging from 37.27 to 37.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 38.21 to 38.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @40.45 from a horizontal line in the weekly time frame.
- Resistance @42.01 from a horizontal line in the daily time frame.
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) | DOWN | NEGATIVE | The current price of SNDK is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 48.89 | NEUTRAL | The RSI value for SNDK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests SNDK has a negative trend. |
| Stochastics (14,3) | 36.63 | NEUTRAL | The Stochastics value for SNDK is a neutral value. |
| Average True Range in percent/ATR (20) | 5.77 | HIGH VOLATILITY | The high ATR as a percentage value for SNDK suggests high volalility. |
| Average Directional Index/ADX (14) | 19.17 | NEGATIVE | The low ADX value for SNDK suggests a weak or negative 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)
37.69
-0.91 (-2.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-2.36%
1 Week-0.4%
2 Weeks-7.03%
1 Month15.65%
3 Month-19.55%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.06
ATR(20)%5.77%
ATR Inc-24.95%
Range Today1.77
ADR(20)1.91
ADR(20)%5.08%
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 High41.11
10 Day Low35.79
20 Day High43.8
20 Day Low33.05
52 Week HighN/A
52 Week LowN/A
CS1 End37.27
CR1 Start38.21
Volume & EV
DER(3)1.97%
DER(5)2.15%
Volume5.50M
Volume Incr-5.85%
Vol(5)2.14M
Vol(50)3.03M