Global Stock News

Key Levels and Short-Term Signals to Watch

Key Levels and Short-Term Signals to Watch

SanDisk stock closed at 1740 on September 4 after opening at 1586, extending a nearly 12% Friday surge with a 3.6% overnight jump following S&P 100 inclusion. The question now is whether this momentum can sustain — or whether the stock has run too far, too fast.

SNDK daily chart with EMA20, EMA50 and volume
SNDK — daily chart with candlesticks, EMA20/EMA50 and volume.

Key takeaways

  • SanDisk stock surged to 1740 on September 4, with a 3.6% overnight gain following a nearly 12% Friday rally, supported by S&P 100 inclusion.
  • The daily trend remains unambiguously bullish with price well above EMA20 (1534.87), EMA50 (1522.93), and EMA200 (1112.61).
  • Hourly RSI14 has reached 77.84 and 15-minute MACD has turned negative at -4.08, both flashing short-term overbought warnings.
  • Daily…

Source link

Share this article

Scroll to Top