Taking everything into account, SNDL scores 4 out of 10 in our technical rating. SNDL has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
SNDL has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
1.63
When analyzing the support we notice one important area.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SNDL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNDL is neutral. |
| ChartMill Relative Strength | 69.12 | NEUTRAL | SNDL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SNDL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SNDL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SNDL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.84 | NEUTRAL | The RSI value for SNDL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SNDL has a positive trend. |
| Stochastics (14,3) | 80.99 | OVERBOUGHT | The high Stochastics value suggests SNDL may be overbought. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for SNDL suggests some volalility. |
| Average Directional Index/ADX (14) | 27.2 | POSITIVE | The high ADX value value for SNDL suggests a strong trend. |
2.21
+0.44 (+24.86%)
ChartMill assigns a technical rating of 4 / 10 to SNDL.
The current trend direction for SNDL INC (SNDL) is Bearish.
SNDL INC (SNDL) has an RSI value of 69.8383. This indicates that the stock is currently neutral.
The short term momentum for SNDL INC (SNDL) is neutral.