Sundial Growers stock price forecast: Support at $1.40 as SNDL falls 2.65%

Sundial Growers stock price forecast: Support at $1.40 as SNDL falls 2.65%
Sundial Growers slides 2.65% today

Sundial Growers Inc. (SNDL) is trading at $1.47, registering a daily decline of 2.65%. The current price sits just above its key short-term moving averages but remains well below the long-term trend level.

SNDL price prediction
24H -0.7%
$1.42
48H -1.4%
$1.41
7D -2.1%
$1.4
1M 0.7%
$1.44
3M 31.47%
$1.88
6M 73.43%
$2.48
12M 11.19%
$1.59
Current price: $ 1.43 -0.0350 2.40%
Closed 06/12
Daily range 1.43 Arrow from to Icon 1.46
Weekly range 1.42 Arrow from to Icon 1.47
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Highlights

  • SNDL trades in a narrow $1.45–$1.52 range, showing mild short-term support but persistent long-term bearish sentiment.
  • Technical indicators are mixed, with momentum suggesting modest upside but oscillators highlighting ongoing uncertainty and weak trend strength.
  • Breakout probability above $1.55 is very low; a drop below $1.45 could trigger further downside toward $1.40 short term.

Mixed momentum and resistance define near-term trading range

On the technical side, SNDL is positioned just above the SMA-20 at $1.45 and SMA-50 at $1.46, while still trading far below the SMA-200 at $1.84. The Ichimoku Kijun resistance level is $1.55, marking immediate overhead resistance. Momentum indicators are mixed: MACD D1 shows a buy signal, ADX is at 24.22 indicating moderate upward momentum, and RSI D1 is neutral to slightly bullish at 50.17. Stoch RSI and CCI are both near oversold ranges, while BBP points to a slight intraday buyer advantage, though underlying oscillator signals do not agree, reflecting short-term uncertainty.

SNDL Inc. asset chart
SNDL Inc. price dynamics. Source: TradingView.

Volatility zone narrows as momentum stabilizes near key levels

Over the next five trading days, SNDL is likely to trade within a typical volatility band between $1.45 and $1.52. An upward move above $1.55 could open a path for a test of $1.60, while a break below $1.45 may attract further downside toward the $1.40 area as momentum stabilizes.

Anton Kharitonov, expert at Traders Union, sees SNDL trading in a narrow range just above short-term support but well below its long-term trend. He notes that momentum signals are mixed and the broader picture remains fragile. Until the price breaks above $1.55, the analyst remains defensive. "No clear upside until SNDL reclaims the $1.55 resistance — I’m staying cautious here."

Earlier, analysts noted that Sundial Growers was exhibiting short- to medium-term resilience, but remained capped by longer-term resistance and mixed technical momentum. With the latest price action continuing to reflect this indecision, traders should closely monitor price behavior around $1.45 and $1.55 for potential shifts in directional momentum.

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.
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