SANDISK STOCK SURGES AFTER S&P 100 INCLUSION NEWS

Sandisk Corporation stock has surged nearly 16% in two sessions after confirmation of its inclusion in the S&P 100 index. The company's strong Q4 results and multi-year datacenter contracts through 2028 have underpinned the move.

The daily chart for Sandisk Corporation shows a bullish bias, with price well above the EMA20, EMA50, and EMA200 moving averages. The RSI14 on the daily timeframe is at 61.24, which remains bullish but not overbought, leaving room for further upside.

However, hourly RSI14 and 15-minute RSI14 signals have reached overbought conditions, and a 15-minute MACD bearish crossover has emerged, suggesting short-term momentum may be fading.