SNDL INC (SNDL) Stock Technical Analysis
NASDAQ:SNDL - Nasdaq - CA83307B1013 - Common Stock - Currency: USD
Overall SNDL gets a technical rating of 5 out of 10. In the past year, SNDL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, SNDL is a bad performer in the overall market: 82% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SNDL has a been trading in the 1.15 - 1.64 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SNDL has an average volume of 1766060 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 193 other stocks in this industry, SNDL did better than 44% of them.
SNDL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SNDL is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
1.56
1.74
We found 1 important resistance area.
- Resistance @1.72 from a trend line in the weekly time frame.
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 | UP | POSITIVE | The short term trend for SNDL is up. |
| ChartMill Relative Strength | 18.67 | NEGATIVE | SNDL has a low relative strength, it was outperformed by 81.33% off all stocks 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) | UP | POSITIVE | The current price of SNDL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SNDL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.4 | OVERBOUGHT | The high RSI value suggests SNDL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SNDL has a positive trend. |
| Stochastics (14,3) | 85.92 | OVERBOUGHT | The high Stochastics value suggests SNDL may be overbought. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for SNDL suggests some volalility. |
| Average Directional Index/ADX (14) | 24.58 | NEUTRAL | The ADX value for SNDL suggests a possible start of a new trend. |
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)
1.58
+0.19 (+13.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg13.67%
1 Week27.42%
2 Weeks28.46%
1 Month17.04%
3 Month12.86%
6 Month-11.24%
12 Month-23.67%
2 Year-5.39%
3 Year-29.78%
5 Year-72.95%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%4.07%
ATR Inc185.53%
Range Today0.17
ADR(20)0.06
ADR(20)%3.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.67
Mansfield-1.56
10 Day High1.64
10 Day Low1.15
20 Day High1.64
20 Day Low1.15
52 Week High2.4
52 Week Low1.15
CS1 EndN/A
CR1 Start1.72
Volume & EV
DER(3)1.01%
DER(5)4.33%
Volume8.45M
Volume Incr158.69%
Vol(5)3.80M
Vol(50)1.77M