SanDisk - NASDAQ 100 Worst Performer

Published on Thursday, 26 January 2012 13:35 Written by Danny Miller

New York, January 26th (TradersHuddle.com) - The NASDAQ 100 Index is lower trading at 2460.55, which represents -0.21% versus its previous close. The index is having a mixed day with slightly less than 50% of the NASDAQ 100 components trading higher.

Netflix (NASDAQ:NFLX) is the NASDAQ 100's top performer today with the stock trading at $115.6 representing 21.63% from its previous trading session. Shares of Netflix, the online video rental company have defined support at $91.48 and resistance at $104.77.

First Solar (NASDAQ:FSLR) is also among the top performers, and it is trading at $41.01 representing 6.22% from its previous close. First Solar, the largest maker of thin film solar modules in the world has calculated support and resistance levels at $36.33 and $44.16 respectively. The other top performer of the NASDAQ 100 is Amazon (NASDAQ:AMZN), which is trading at $193.46 representing 3.01% from its previous close.

The NASDAQ 100's worst performers include SanDisk (NASDAQ:SNDK) that is trading at $47.39 or -9.46% from the previous close. Shares of SanDisk, the provider of flash data storage products have defined support at $46.97 and resistance at $53.08. Also among the worst performers Illumina (NASDAQ:ILMN), which is trading at $53.2 representing -3.54% from the previous trading session.

The NASDAQ 100 is underperfoming the Dow Jones but is pretty much equal with the S&P 500. The Dow Jones Industrial Index is currently trading at 12783.7, which represents 0.21% from previous close, the S&P 500 on the other hand is trading at 1323.3 that represents -0.21% from its previous close.