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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.

Last price: $501.49 Value score: 2.01 Short-term sentiment: Neutral Long-term sentiment: Bullish Last updated: 2026-01-23T15:10:58.586Z

SNDK Technical Analysis Summary

SNDK is in a powerful parabolic uptrend, trading well above its upper Bollinger Band and long-term moving averages. However, the current session shows a significant 4.33% pullback with high volume, coinciding with an extremely overbought RSI of nearly 79. This suggests the stock is entering a phase of mean reversion or consolidation after an extended run. While the long-term bullish structure is intact, short-term caution is warranted as the price attempts to stabilize from vertical appreciation.

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SNDK Daily Chart

Daily candlestick price chart for SNDK as of 2026-01-23T15:10:58.586Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.
Daily candlestick price chart for SNDK as of 2026-01-23T15:10:58.586Z, showing 20-, 50-, and 200-period SMAs, Bollinger Bands, volume, MACD, RSI, and the current price line with top status bar.

Sentiment

Short-term Sentiment (days to weeks): Neutral

While the primary trend is parabolic, the stock is currently experiencing a sharp -4.33% pullback from extreme overbought levels (RSI > 78), suggesting potential volatility and profit-taking in the immediate term.

Long-term Sentiment (weeks to months): Bullish

The price is in a strong uptrend, trading significantly above the rising 50-day and 200-day moving averages, with the 200-day SMA clearly trending upward.

Report Metadata

Support Price Levels

Level Range Strength Notes
$355.00 $350.00 - $360.00 Strong Confluence of the 20-day SMA (mid-Bollinger Band) and a prior consolidation zone.
$280.00 $275.00 - $285.00 Strong Location of the 50-day SMA and a major breakout shelf.

Resistance Price Levels

Level Range Strength Notes
$504.50 $504.00 - $505.00 Weak Intraday high of the current session.
$538.00 $531.00 - $545.00 Strong Recent all-time high zone and area around the upper Bollinger Band.

Potential Chart Patterns in Formation

Strength Pattern Signal Target Details
Strong Parabolic Advance Bullish N/A Price has moved vertically in a short period, detaching significantly from moving averages.
Weak Bearish Reversal Candle Bearish $355.78 A large red candle following a strong uptrend, indicating immediate selling pressure and potential local top.

Frequently Asked Questions about SNDK

What is the current sentiment for SNDK?

The short-term sentiment for SNDK is currently Neutral because While the primary trend is parabolic, the stock is currently experiencing a sharp -4.33% pullback from extreme overbought levels (RSI > 78), suggesting potential volatility and profit-taking in the immediate term.. 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 $355.00 and $280.00. 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 2/100. 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.