SNDK Weekly 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
Sandisk Corporation (SNDK) is undergoing a massive parabolic expansion, currently trading well above its upper Bollinger Band with an RSI of nearly 90. While the primary trend is aggressively bullish, the most recent weekly candle shows significant volatility with a high of 676.69 rejected down to 576.25. This structure suggests a potential climatic blow-off top, where momentum is extreme but the risk of a sharp mean-reversion pullback is elevated.
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SNDK Weekly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price is in an explosive parabolic trend with expanding MACD momentum and high volume, though the long upper wick and RSI at 89.77 warn of extreme overextension and volatility.
Long-term Sentiment (weeks to months): Bullish
The stock is trading significantly above upward-sloping 20, 50, and 200-week moving averages, confirming a powerful long-term breakout.
Report Metadata
- Timeframe: weekly
- Generated at: 2026-01-31T23:35:28.471Z
- Model: gemini-3-pro-preview
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $457.16 | $454.33 - $460.00 | Weak | Low of the current weekly candle; immediate support in a highly volatile range. |
| $273.16 | $246.31 - $300.00 | Strong | Zone containing the previous breakout consolidation and the 20-week SMA (middle Bollinger Band). |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $676.35 | $676.00 - $676.69 | Strong | Current all-time high and the peak of the recent rejection wick. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Parabolic Blow-Off Top | Neutral | N/A | Price has ascended vertically well outside the upper Bollinger Band, typical of a climax phase. |
| Weak | Long Upper Shadow | Bearish | N/A | The current candle features a large upper wick indicating profit-taking and rejection of highs. |
Frequently Asked Questions about SNDK
What is the current sentiment for SNDK?
The short-term sentiment for SNDK is currently Bullish because Price is in an explosive parabolic trend with expanding MACD momentum and high volume, though the long upper wick and RSI at 89.77 warn of extreme overextension and volatility.. 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 $457.16 and $273.16. 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 23/100. 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.