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Markets

SNDK stock falls 2.27% intraday as daily and hourly charts stay bearish

Image: The Cryptonomist

Sandisk’s SNDK stock holds a bearish daily bias despite a positive MACD signal on the 15-minute chart. It was trading at $1,453.62 as of 10:43 ET on Tuesday, down 2.27% intraday. Today’s daily candle opened at $1406.22, traded between a low of $1401.90 and a high of $1463.17, and was last at $1453.62, against a previous close of $1487.33. The hourly chart reinforces the bearish view, leaving the shorter timeframe as a limited counterweight. Key takeaways SNDK stock was trading at $1,453.62 as of 10:43 ET on Tuesday, down 2.27% intraday from the previous close.

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