SNDK Daily Technical Analysis
SanDisk Corp
Designs and manufactures flash memory products and solutions, including solid-state drives (SSDs), memory cards, and USB flash drives. The company develops products for a wide range of applications, from consumer electronics to high-growth data centers and AI computing.
SNDK Technical Analysis Summary
SNDK is experiencing a dramatic parabolic run-up, reaching extreme overbought conditions with an RSI near 87 and price trading well outside the upper Bollinger Band. The most recent daily candle has formed a shooting star pattern after hitting a high of 725.00, signaling immediate rejection and a high probability of a short-term correction. Despite the overextension, the long-term trend remains firmly bullish with all moving averages sloping aggressively upward.
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SNDK Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Neutral
While the trend is strongly upward, the formation of a bearish shooting star candle combined with extreme RSI levels (86.80) and price exceeding the upper Bollinger Band suggests an imminent pullback or consolidation.
Long-term Sentiment (weeks to months): Bullish
The price is in a robust parabolic uptrend, trading well above the rising 20, 50, and 200-day Simple Moving Averages, indicating strong long-term momentum.
Report Metadata
- Timeframe: daily
- Generated at: 2026-02-03T15:12:18.219Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $600.00 | $590.00 - $610.00 | Weak | Low of the previous large bullish candle and psychological level. |
| $471.00 | $462.00 - $480.00 | Strong | Confluence of the 20-day SMA and a previous minor consolidation zone. |
| $325.00 | $320.00 - $330.00 | Strong | 50-day SMA level acting as major trend support. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $722.50 | $720.00 - $725.00 | Strong | Intraday high of the current shooting star candle (All-Time High). |
| $755.00 | $750.00 - $760.00 | Weak | Next psychological extension level. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Shooting Star | Bearish | N/A | A bearish reversal candlestick pattern with a long upper wick and small body near the low, indicating rejection of higher prices. |
| Strong | Parabolic Advance (Blow-off Top) | Bearish | $462.00 | Price is moving vertically away from moving averages, a state that is typically unsustainable and prone to sharp mean reversion. |
| Strong | RSI Overbought | Bearish | N/A | RSI is at 86.80, deep into overbought territory, signaling trend exhaustion. |
Frequently Asked Questions about SNDK
What is the current sentiment for SNDK?
The short-term sentiment for SNDK is currently Neutral because While the trend is strongly upward, the formation of a bearish shooting star candle combined with extreme RSI levels (86.80) and price exceeding the upper Bollinger Band suggests an imminent pullback or consolidation.. The long-term trend is classified as Bullish.
What are the key support levels for SNDK?
StockDips.AI has identified key support levels for SNDK at $600.00 and $471.00. These levels may represent potential accumulation zones where buying interest could emerge.
Is SNDK in a significant dip or a Value Dip right now?
SNDK has a Value Score of 47/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.