SNDL INC (SNDL) Technical Analysis
NASDAQ:SNDL • CA83307B1013
Current stock price
1.44 USD
-0.07 (-4.64%)
At close:
1.43 USD
-0.01 (-0.69%)
After Hours:
SNDL Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to SNDL. SNDL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, SNDL is a bad performer in the overall market: 83% of all stocks are doing better.
- SNDL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SNDL is lagging the market.
- In the last month SNDL has a been trading in the 1.34 - 1.66 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- SNDL has an average volume of 1517510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- SNDL is part of the Pharmaceuticals industry. There are 192 other stocks in this industry, SNDL did better than 42% of them.
SNDL Weekly and Daily overview Charts
SNDL Setup Rating and Analysis
SNDL has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
SNDL Support and Resistance Analysis
1.43
1.79
We can see 3 important resistance areas.
- Resistance @1.44 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.53 to 1.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.77 from a trend line in the weekly time frame.
SNDL Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for SNDL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SNDL is neutral. |
| ChartMill Relative Strength | 17.81 | NEGATIVE | SNDL has a low relative strength, it was outperformed by 82.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SNDL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SNDL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SNDL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.29 | NEUTRAL | The RSI value for SNDL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SNDL has a negative trend. |
| Stochastics (14,3) | 33.22 | NEUTRAL | The Stochastics value for SNDL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.25 | HIGH VOLATILITY | The high ATR as a percentage value for SNDL suggests high volalility. |
| Average Directional Index/ADX (14) | 15.09 | NEGATIVE | The low ADX value for SNDL suggests a weak or negative trend. |
SNDL Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
SNDL Technicals: Chart, Performance Metrics, Trend & Indicators
1.44
-0.07 (-4.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-4.64%
1 Week-6.49%
2 Weeks-5.26%
1 Month-4%
3 Month-25%
6 Month-41.7%
12 Month-8.86%
2 Year-28.18%
3 Year-10%
5 Year-87.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%5.25%
ATR Inc149.95%
Range Today0.19
ADR(20)0.07
ADR(20)%5.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.81
3 months CRS13
6 months CRS11.46
Mansfield-1.97
10 Day High1.66
10 Day Low1.34
20 Day High1.66
20 Day Low1.34
52 Week High2.89
52 Week Low1.15
CS1 EndN/A
CR1 Start1.44
Volume & EV
DER(3)-2.02%
DER(5)1.55%
Volume3.61M
Volume Incr87.61%
Vol(5)1.86M
Vol(50)1.52M
SNDL INC / SNDL TA FAQ
What is the ChartMill technical rating of SNDL INC (SNDL) stock?
ChartMill assigns a technical rating of 0 / 10 to SNDL.
Can you provide the trend direction for SNDL INC?
The current trend direction for SNDL INC (SNDL) is Bearish.
What is the RSI signal for SNDL stock?
SNDL INC (SNDL) has an RSI value of 37.2922. This indicates that the stock is currently neutral.
What is the short term momentum for SNDL stock?
The short term momentum for SNDL INC (SNDL) is neutral.
What are the support and resistance levels for SNDL INC (SNDL) stock?
SNDL INC (SNDL) has a resistance level at 1.44. Check the full technical report for our detailed analysis of SNDL support and resistance levels.