Sundial Growers stock price forecast: Technical signals mixed as SNDL rises 3.69%

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Sundial Growers gains 3.69% to $1.55

Highlights

SNDL trades at $1.55, above the MA-20 ($1.53) but below the MA-50 ($1.67) and MA-200 ($1.80), signaling short-term strength in a broader bearish trend.
Momentum indicators remain weak as the MACD issues a strong sell, ADX is low at 18.60, and RSI sits at a neutral-bearish 42.34 with no strong overbought or oversold signals.
Expected range for the next five trading days is $1.49–$1.61, with less than a 20% probability of a price increase and likely sideways-to-downward consolidation.

Bearish momentum persists as resistance caps weak technical signals

The Ichimoku Kijun sits at $1.56, placing immediate resistance just overhead and indicating supply pressure. Momentum signals remain weak, as the MACD shows a strong sell signal and the ADX at 18.60 points to lackluster trend strength. The RSI at 42.34 and Stochastic RSI at 46.60 are both neutral to slightly bearish, while the Commodity Channel Index is also neutral, suggesting no strong overbought or oversold conditions. Bull/Bear Power currently tilts in favor of buyers and the Awesome Oscillator remains neutral, highlighting a divergence between short-term intraday strength and prevailing bearish momentum.

Downside risk prevails as price struggles to surpass resistance

Over the next five trading days, SNDL is expected to consolidate sideways within a typical volatility band of $1.49 to $1.61. The probability of short-term price increase is low, with further declines appearing more likely. An upward scenario would require a breakout above the $1.56 – $1.61 resistance zone to attract new buyers, while loss of support at $1.49 would expose the price to further downside risk.

Anton Kharitonov, expert at Traders Union, sees SNDL trading in a vulnerable position despite today’s modest bounce above short-term averages. He notes that weak momentum and flat trend signals offer little encouragement for a sustained move higher. The analyst believes that risk remains skewed to the downside as long as SNDL fails to break above the $1.56 – $1.61 resistance area. "Until price reclaims those levels convincingly, I remain cautious and expect further weakness."

Previously it was reported that SNDL is consolidating near its 20-day moving average while remaining below both the 50- and 200-day averages, signaling persistent selling pressure across multiple timeframes with dynamic resistance aligning near $1.56 and support around $1.50. Despite minor intraday buying and a slight gain today, weak momentum signals from MACD, muted trend strength per ADX, and bearish readings on Stoch RSI and CCI indicate continued technical uncertainty.

Source of Data: SNDL Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.