SNDL INC.
SNDL INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: SNDL
ISIN: CA86730L1094

SNDL INC. - Weekly - Technical analysis published on 02/11/2022 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
39%
22%
39%
My opinion
Bearish under 0.775 USD
My targets
0.516 USD (-22.13%)
0.469 USD (-29.22%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on SUNDIAL GROWERS INC.. As long as you are under the resistance located at 0.775 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 0.516 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 0.469 USD as an objective. Crossing it would then enable sellers to target 0.387 USD. If the resistance 0.775 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2.3

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This analysis was given by savas. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The SUNDIAL GROWERS INC. rating is 0.663 USD. The price is up +25.09% over 5 days and has been traded over the last 5 days between 0.484 USD and 0.583 USD. This implies that the 5 day price is +37.10% from its lowest point and +13.76% from its highest point.

0.484
0.583
0.663

A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of SUNDIAL GROWERS INC. in Weekly shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Weekly


Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Weekly



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


RSI indicator is back over 50

Type : Bullish

Timeframe : Weekly


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S1
R1
R2
R3
Price


S1PriceR1R2R3
ProTrendLines 0.387 0.663 0.920 1.950 2.950
Change (%) -41.63% - +38.76% +194.12% +344.95%
Change -0.276 - +0.257 +1.287 +2.287
Level Major - Intermediate Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.4780.5160.5900.6280.7020.7400.814
Camarilla0.6320.6430.6530.6630.6730.6840.694
Woodie0.4950.5250.6070.6370.7190.7490.831
Fibonacci0.5160.5590.5860.6280.6710.6980.740


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3750.4090.4690.5030.5630.5970.657
Camarilla0.5040.5130.5210.5300.5390.5470.556
Woodie0.3890.4160.4830.5100.5770.6040.671
Fibonacci0.4090.4450.4670.5030.5390.5610.597


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1090.2570.3680.5160.6270.7750.886
Camarilla0.4070.4310.4540.4780.5020.5260.549
Woodie0.0900.2480.3490.5070.6080.7660.867
Fibonacci0.2570.3560.4170.5160.6150.6760.775

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 49.77
MACD (12,26,9): -0.0630
Directional Movement: 6.980
AROON (14): -78.571
DEMA (21): 0.542
Parabolic SAR (0,02-0,02-0,2): 0.723
Elder Ray (13): -0.018
Super Trend (3,10): 0.785
Zig ZAG (10): 0.651
VORTEX (21): 0.8970
Stochastique (14,3,5): 25.02
TEMA (21): 0.524
Williams %R (14): -55.79
Chande Momentum Oscillator (20): -0.080
Repulse (5,40,3): 31.3840
ROCnROLL: -1
TRIX (15,9): -1.2750
Courbe Coppock: 35.25
MA7: 0.545
MA20: 0.509
MA50: 0.562
MA100: 0.623
MAexp7: 0.568
MAexp20: 0.625
MAexp50: 0.784
MAexp100: 1.295
Price / MA7: +21.65%
Price / MA20: +30.26%
Price / MA50: +17.97%
Price / MA100: +6.42%
Price / MAexp7: +16.73%
Price / MAexp20: +6.08%
Price / MAexp50: -15.43%
Price / MAexp100: -48.80%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


The last news published on SUNDIAL GROWERS INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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