Not investment advice. Free educational tool; signals are automated and may contain errors. Disclaimer

SNDLSundial Growers Inc

NASDAQDaily chart
Range low retest · 27 Apr 2023

SNDL slipped below its $1.95 – $3.36 range and came back to test the low on 27 Apr 2023.

Range low
$1.95
support
Range high
$3.36
72% above the low
In the range since
Dec 2022
7 mo
Close on retest day
$1.47
25% below the range low
  • Previous range $1.31 – $2.67 lasted 2 yr 5 mo and broke downward at $1.17.
  • 5 sideways ranges found since 2021.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
12 Mar 202429 Jul 2026 · 2 yr 5 moBroke below the range at $1.17—
22 May 20234 Apr 2024 · 10 moBroke above the range at $2.67—
5 Dec 202223 Jun 2023 · 7 moBroke below the range at $1.2527 Apr 2023
17 May 202222 Dec 2022 · 7 moBroke below the range at $1.95—
12 Nov 202115 Jun 2022 · 7 moBroke below the range at $2.90—

Retest signals

  • 27 Apr 2023 · 5 mo into the range

Other stocks with a recent daily retest

All daily-chart retest signals →
All NASDAQ stocks with daily retest patterns →
All NASDAQ stocks with weekly retest patterns →

Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.