TradingKey – As of the close on September 17 Eastern Time, SanDisk (SNDK) stock rose 6.21% in a single day to $1,614.39, reaching an intraday high of $1,625.36, ending its previous continuous pullback.

SanDisk daily stock price chart, Source: TradingView

Looking at the daily chart of SanDisk’s stock price, the stock has reclaimed the 20-day moving average ($1,582) and the 60-day moving average ($1,580), improving its short-term bullish structure. Meanwhile, the candlestick remains above the 144-day moving average, showing that the medium- to long-term bullish trend has not been damaged.

In terms of technical indicators, the Relative Strength Index (RSI) is at 52.85, in a neutral-to-bullish zone, indicating that market bullish sentiment…