(CGC) Canopy Growth complete technical analysis [charts+indicators] | Buy/Sell Canopy Growth | (CGC) share price targets
Complete technical analysis of Canopy Growth (CGC) by charts plus indicators, forecast predictions and share price targets for Canopy Growth (CGC)
Canopy Growth trades in USA in Consumer Durables sector.
Showing technical analysis as on 2024-11-06 View latest technical analysis
10 day averaged volume of Canopy Growth is 8224150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 4.41 | 4.40 | 4.59 | 4.15 | 1.642 times |
| 05 Tue Nov 2024 | 5.59 | 5.40 | 5.61 | 5.15 | 0.961 times |
| 04 Mon Nov 2024 | 5.49 | 5.12 | 5.80 | 5.07 | 1.611 times |
| 01 Fri Nov 2024 | 4.86 | 4.70 | 4.94 | 4.64 | 0.544 times |
| 31 Thu Oct 2024 | 4.59 | 4.93 | 4.98 | 4.57 | 0.461 times |
| 30 Wed Oct 2024 | 4.95 | 5.21 | 5.45 | 4.84 | 0.847 times |
| 29 Tue Oct 2024 | 5.25 | 5.33 | 5.72 | 5.20 | 0.765 times |
| 28 Mon Oct 2024 | 5.40 | 5.63 | 5.64 | 5.25 | 0.935 times |
| 25 Fri Oct 2024 | 5.44 | 4.95 | 5.55 | 4.93 | 1.355 times |
| 24 Thu Oct 2024 | 4.91 | 5.16 | 5.39 | 4.83 | 1.106 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4.2 as stoploss in an intra day buy trade for a target of 4.73. However, stock will show a bearish move below 4.2.
Share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Target | 3.85 |
| Downside Target | 4.06 |
| Downside Target | 4.15 |
| Downside Target | 4.27 |
| Upside Target | 4.45 |
| Upside Target | 5.06 |
| Upside Target | 5.47 |
| Upside Target | 5.72 |
| Upside Target | 5.80 |
| Upside Target | 6.07 |
| Upside Target | 7.81 |
| Upside Target | 8.65 |
Intraday share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Intraday Target | 3.77 |
| Downside Intraday Target | 3.14 |
| Upside Intraday Target | 5.42 |
| Upside Intraday Target | 6.44 |
| Upside Intraday Target | 4.79 |
Weekly technical analysis of Canopy Growth (CGC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 4.41 | 5.12 | 5.80 | 4.15 | 1.186 times |
| 01 Fri Nov 2024 | 4.86 | 5.63 | 5.72 | 4.57 | 0.551 times |
| 25 Fri Oct 2024 | 5.44 | 4.45 | 5.55 | 4.27 | 3.573 times |
| 18 Fri Oct 2024 | 4.44 | 4.14 | 4.51 | 4.06 | 0.836 times |
| 11 Fri Oct 2024 | 4.04 | 4.41 | 4.45 | 3.85 | 0.513 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Canopy Growth (CGC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 4.41 | 4.70 | 5.80 | 4.15 | 0.293 times |
| 31 Thu Oct 2024 | 4.59 | 4.81 | 5.72 | 3.85 | 2.004 times |
| 30 Mon Sep 2024 | 4.82 | 5.38 | 5.47 | 4.35 | 1.032 times |
| 30 Fri Aug 2024 | 5.21 | 7.60 | 7.81 | 5.06 | 0.704 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Canopy Growth (CGC)
Price action analysis of Canopy Growth ( (CGC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Canopy Growth ( (CGC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Canopy Growth ( (CGC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Canopy Growth ( (CGC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Canopy Growth stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Canopy Growth in short term and the buy signal is strong.
Canopy Growth Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Canopy Growth in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Canopy Growth is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.11 and Canopy Growth (CGC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Canopy Growth (CGC) stock. Volume based technical analysis of Canopy Growth (CGC) stock is negative.
Canopy Growth Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Canopy Growth ( (CGC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Canopy Growth ( (CGC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Canopy Growth ( (CGC) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Canopy Growth ( (CGC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Canopy Growth stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Canopy Growth in short term and the buy signal is strong.
Canopy Growth Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Canopy Growth in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Canopy Growth is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.11 and Canopy Growth (CGC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Canopy Growth (CGC) stock. Volume based technical analysis of Canopy Growth (CGC) stock is negative.
Canopy Growth Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.