SanDisk Corporation (NASDAQ: SNDK) posted a monthly Relative Strength Index reading above 99, which analyst Lark Davis said no publicly traded stock has ever reached. The move comes as SNDK shares are up more than 780% year-to-date in 2026 and over 5,400% since spinning off from Western Digital in February 2025, according to BeInCrypto, with the stock trading near $2,138 versus an IPO price of about $38.50.
BeInCrypto said SanDisk, now a pure-play NAND and SSD company, has benefited from hyperscaler AI infrastructure spending, with revenue up 251% year-over-year in its most recent quarter, while the extreme momentum has fueled debate over AI bubble risks.
SanDisk Monthly RSI Tops 99 as Lark Davis Says No Stock Has Ever Reached It
2026-06-16 12:24:56
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