Overall SNDK gets a technical rating of 7 out of 10. 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 excellent technical rating, but the quality of the setup is only medium 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
206.34
2 important support areas can be observed.
- Support @215.48 from a trend line in the daily time frame.
- Support @208.42 from a trend 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 | 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). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNDK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.16 | NEUTRAL | The RSI value for SNDK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.33 | POSITIVE | The MACD value suggests SNDK has a positive trend. |
| Stochastics (14,3) | 84.44 | OVERBOUGHT | The high Stochastics value suggests SNDK may be overbought. |
| Average True Range in percent/ATR (20) | 8.32 | HIGH VOLATILITY | The high ATR as a percentage value for SNDK suggests high volalility. |
| Average Directional Index/ADX (14) | 25.31 | POSITIVE | The high ADX value value for SNDK suggests a strong trend. |
250.08
+5.18 (+2.12%)
SANDISK CORP / SNDK FAQ
What is the ChartMill technical rating of SANDISK CORP (SNDK) stock?
ChartMill assigns a technical rating of 7 / 10 to SNDK.
What is the current trend direction of SANDISK CORP (SNDK) stock?
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 60.1605. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SANDISK CORP?
The short term momentum for SANDISK CORP (SNDK) is positive.
What is the support and resistance level for SNDK stock?
SANDISK CORP (SNDK) has a support level at 215.48. Check the full technical report for our detailed analysis of SNDK support and resistance levels.