Question 1

What does the Stochastic Oscillator suggest about SNDL's trend?

Accepted Answer

The Stochastic Oscillator for SNDL moved out of overbought territory on September 12, 2024. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 43 similar instances where the indicator exited the overbought zone. In 40 of the 43 cases the stock moved lower. This puts the odds of a downward move at 90%.

Question 2

How did SNDL's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on September 09, 2024. You may want to consider a long position or call options on SNDL as a result. In 67 of 84 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 80%.

Question 3

What does MACD indicator imply for SNDL?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for SNDL just turned positive on September 09, 2024. Looking at past instances where SNDL's MACD turned positive, the stock continued to rise in 35 of 43 cases over the following month. The odds of a continued upward trend are 81%.

Question 4

What is the significance of the 50-day moving average indicator for SNDL?

Accepted Answer

SNDL moved below its 50-day moving average on September 11, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

What is the significance of the 10-day moving average indicator for SNDL?

Accepted Answer

The 10-day moving average for SNDL crossed bearishly below the 50-day moving average on August 29, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 7 of 12 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 58%.

Question 6

What does a 3-day price advance indicate for SNDL?

Accepted Answer

Following a +2.60% 3-day Advance, the price is estimated to grow further. Considering data from situations where SNDL advanced for three days, in 153 of 195 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.

Question 7

What does a 3-day decline signify for SNDL's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SNDL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 89%.

Question 8

What does SNDL breaking above its upper Bollinger Band indicate?

Accepted Answer

SNDL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

SNDL Stock Tickeron detected bearish Stock Pattern: Head-and-Shoulders Top SNDL on August 02, 2024, netting in a 14.48% gain over 4 weeks

SNDL saw its Stochastic Oscillator leaves the overbought zone

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