Here’s whether Sundial Growers Inc. Common Shares (SNDL) is worth buying in 2026 —
based on weekly-updated price trend, RSI momentum, and return vs.
the S&P 500. Our current read: Caution.
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Caution
Positives: 50-day MA is rising (+1.39% over 10 days); RSI 44 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative). Currently 50.9% off its 52-week high. Score: -1/7.
SNDL is trading below its 200-day MA ($1.78) — a key warning sign the longer-term trend is under pressure. An RSI of 44.4 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +5.2% compares to +22.9% for SPY (trailed the market by 17.7%). The current 50.9% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.
$10,000 invested 1 year ago→ $10,519 today
vs. S&P 500 (SPY) — same period trailed market by 17.7%