SNDL INC. - Daily - Technical analysis published on 06/15/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
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:
Strongly bullish
Underlying:
Bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 1.01 USD
My targets
1.12 USD (+5.94%)
1.29 USD (+21.70%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on SUNDIAL GROWERS INC.. This is a positive signal for buyers. As long as the price remains above 1.01 USD, a purchase could be considered. The first bullish objective is located at 1.12 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.29 USD as an objective. Crossing it would then enable buyers to target 1.62 USD. In the event of a return below 1.01 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.5
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Additional analysis
Quotes
The SUNDIAL GROWERS INC. price is 1.06 USD. The price has increased by +0.95% since the last closing and was between 1.05 USD and 1.12 USD. This implies that the price is at +0.95% from its lowest and at -5.36% from its highest.1.05
1.12
1.06
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Daily chart of SUNDIAL GROWERS INC. indicates that the overall trend is bullish. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The technical indicators are bullish. There is still some doubt about the price increase.
No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.45 | 0.70 | 0.94 | 1.06 | 1.29 | 1.62 | 2.95 |
| Change (%) | -57.55% | -33.96% | -11.32% | - | +21.70% | +52.83% | +178.30% |
| Change | -0.61 | -0.36 | -0.12 | - | +0.23 | +0.56 | +1.89 |
| Level | Minor | Major | Intermediate | - | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 0.96 | 1.01 | 1.03 | 1.08 | 1.10 | 1.15 | 1.17 |
| Camarilla | 1.04 | 1.05 | 1.05 | 1.06 | 1.07 | 1.07 | 1.08 |
| Woodie | 0.96 | 1.00 | 1.03 | 1.07 | 1.10 | 1.14 | 1.17 |
| Fibonacci | 1.01 | 1.03 | 1.05 | 1.08 | 1.10 | 1.12 | 1.15 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.96 | 1.01 | 1.03 | 1.08 | 1.10 | 1.15 | 1.17 |
| Camarilla | 1.04 | 1.05 | 1.05 | 1.06 | 1.07 | 1.07 | 1.08 |
| Woodie | 0.96 | 1.00 | 1.03 | 1.07 | 1.10 | 1.14 | 1.17 |
| Fibonacci | 1.01 | 1.03 | 1.05 | 1.08 | 1.10 | 1.12 | 1.15 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.34 | 0.50 | 0.73 | 0.89 | 1.12 | 1.28 | 1.51 |
| Camarilla | 0.86 | 0.90 | 0.93 | 0.97 | 1.01 | 1.04 | 1.08 |
| Woodie | 0.39 | 0.52 | 0.78 | 0.91 | 1.17 | 1.30 | 1.56 |
| Fibonacci | 0.50 | 0.65 | 0.74 | 0.89 | 1.04 | 1.13 | 1.28 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.72 | |
| MACD (12,26,9): | 0.0700 | |
| Directional Movement: | 15.78 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 1.07 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.47 | |
| Elder Ray (13): | 0.05 | |
| Super Trend (3,10): | 1.00 | |
| Zig ZAG (10): | 1.06 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 42.61 | |
| TEMA (21): | 1.15 | |
| Williams %R (14): | -56.03 | |
| Chande Momentum Oscillator (20): | 0.20 | |
| Repulse (5,40,3): | -16.6200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.9500 | |
| Courbe Coppock: | 89.68 |
| MA7: | 1.10 | |
| MA20: | 0.95 | |
| MA50: | 0.90 | |
| MA100: | 1.11 | |
| MAexp7: | 1.07 | |
| MAexp20: | 1.00 | |
| MAexp50: | 0.97 | |
| MAexp100: | 0.95 | |
| Price / MA7: | -3.64% | |
| Price / MA20: | +11.58% | |
| Price / MA50: | +17.78% | |
| Price / MA100: | -4.50% | |
| Price / MAexp7: | -0.93% | |
| Price / MAexp20: | +6.00% | |
| Price / MAexp50: | +9.28% | |
| Price / MAexp100: | +11.58% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on SUNDIAL GROWERS INC. at the time of the analysis were as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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