A technical bounce, still unconfirmed by the money
SNDL bounces 8.7%, but money flow stays negative for an 18th week
Our view last week
This week's 2.4% bounce brings buyers to 60% of trading volume, but money flow stays in distribution: SNDL's technical picture points to a decline that's losing steam without stopping yet. The sell signal, open for 10 weeks, remains solidly in profit: our SNDL stock analysis flags early signs of fatigue, not a reversal yet.
This week's summary
SNDL closes the week with an 8.7% jump, the sharpest in a month, driven by buyers making up 82% of volume and a MACD that just crossed back above its signal line. The daily bounce comes off a clean touch of the 20-day moving average, in the 1.2 area. Money flow stays negative for an 18th straight week, though: the decline, running for 11 weeks, still lacks confirmation from the flows.
IQS Phase
54
ordinary
Signal Strength
2
decline nearly over
Sizing
MINIMUM
Ranking
#93 / 93
US stocks
Trade P&L %
+3.52%
from signal to date, no stop loss
Rank position
ranks 93rd among the 93 sell signals for US stocks in our ranking, with a signal strength of 2 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimein strong phase
Performanceweekly -0.15% · monthly +3.51%
SNDL belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified in strong phase according to our weekly reading.
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