(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 2024-11-21 View latest technical analysis
10 day averaged volume of Canopy Growth is 6652890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 3.86 | 3.78 | 4.04 | 3.76 | 0.841 times |
| 20 Wed Nov 2024 | 3.76 | 3.85 | 3.85 | 3.75 | 0.439 times |
| 19 Tue Nov 2024 | 3.83 | 3.84 | 3.87 | 3.77 | 0.487 times |
| 18 Mon Nov 2024 | 3.79 | 3.70 | 3.88 | 3.66 | 0.712 times |
| 15 Fri Nov 2024 | 3.73 | 3.78 | 3.80 | 3.63 | 0.62 times |
| 14 Thu Nov 2024 | 3.74 | 3.87 | 4.01 | 3.73 | 0.832 times |
| 13 Wed Nov 2024 | 3.94 | 3.95 | 4.12 | 3.65 | 1.589 times |
| 12 Tue Nov 2024 | 3.94 | 4.01 | 4.38 | 3.86 | 2.086 times |
| 11 Mon Nov 2024 | 4.04 | 4.23 | 4.24 | 3.85 | 1.263 times |
| 08 Fri Nov 2024 | 4.24 | 4.50 | 4.54 | 4.08 | 0.977 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 3.8 as stoploss in an intra day buy trade for a target of 4.47. However, stock will show a bearish move below 3.8.
Share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Target | 3.63 |
| Downside Target | 3.85 |
| Upside Target | 4.04 |
| Upside Target | 4.27 |
| Upside Target | 4.57 |
| 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 | 3.67 |
| Downside Intraday Target | 3.47 |
| Upside Intraday Target | 4.05 |
| Upside Intraday Target | 4.23 |
| Downside Intraday Target | 3.85 |
Weekly technical analysis of Canopy Growth (CGC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 3.86 | 3.70 | 4.04 | 3.66 | 0.388 times |
| 15 Fri Nov 2024 | 3.73 | 4.23 | 4.38 | 3.63 | 0.89 times |
| 08 Fri Nov 2024 | 4.24 | 5.12 | 5.80 | 4.08 | 1.635 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 |
Price has moved up 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 |
| 21 Thu Nov 2024 | 3.86 | 4.70 | 5.80 | 3.63 | 0.834 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Canopy Growth ( (CGC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Canopy Growth ( (CGC) ) based on a short to mid 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 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 SELL signal for Canopy Growth in short term and the sell signal is strong.
Canopy Growth Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Canopy Growth in short term but BUY signal is weak.
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
Stock of Canopy Growth is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.92 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Canopy Growth ( (CGC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Canopy Growth ( (CGC) ) based on a short to mid 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 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 SELL signal for Canopy Growth in short term and the sell signal is strong.
Canopy Growth Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Canopy Growth in short term but BUY signal is weak.
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
Stock of Canopy Growth is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.92 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.