(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.
10 day averaged volume of Canopy Growth is 11075420
Date | Daily Closing Price | Open | High | Low | Volume |
22 Mon Apr 2024 | 7.85 | 8.22 | 8.36 | 7.63 | 0.605 times |
19 Fri Apr 2024 | 7.93 | 7.45 | 8.33 | 7.45 | 1.134 times |
18 Thu Apr 2024 | 7.83 | 6.55 | 8.20 | 6.41 | 1.518 times |
17 Wed Apr 2024 | 6.49 | 6.76 | 6.92 | 6.09 | 0.609 times |
16 Tue Apr 2024 | 6.70 | 6.67 | 7.14 | 6.57 | 0.536 times |
15 Mon Apr 2024 | 6.98 | 7.53 | 7.89 | 6.81 | 0.728 times |
12 Fri Apr 2024 | 7.80 | 8.10 | 8.53 | 7.58 | 0.677 times |
11 Thu Apr 2024 | 8.15 | 9.05 | 9.27 | 7.83 | 1.055 times |
10 Wed Apr 2024 | 9.12 | 8.65 | 9.89 | 8.52 | 1.07 times |
09 Tue Apr 2024 | 9.16 | 9.49 | 9.93 | 9.04 | 1.022 times |
My analysis of stock is bearish for shortterm, and stock might move down till 7 or till 5.5. Use a stoploss of 8.32 and if the stock hits stoploss, then it can shoot up till 9.61
Share price targets for Canopy Growth (CGC)
Target Type | Value |
Downside Target | 0.47 |
Downside Target | 2.76 |
Downside Target | 3.21 |
Downside Target | 4.26 |
Downside Target | 5.26 |
Downside Target | 5.70 |
Downside Target | 5.93 |
Downside Target | 6.09 |
Downside Target | 7.25 |
Downside Target | 7.58 |
Upside Target | 8.33 |
Upside Target | 10.13 |
Upside Target | 10.85 |
Upside Target | 11.57 |
Intraday share price targets for Canopy Growth (CGC)
Target Type | Value |
Downside Intraday Target | 7.53 |
Downside Intraday Target | 7.22 |
Upside Intraday Target | 8.26 |
Upside Intraday Target | 8.68 |
Upside Intraday Target | 7.95 |
Weekly technical analysis of Canopy Growth (CGC)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Mon Apr 2024 | 7.85 | 8.22 | 8.36 | 7.63 | 0.134 times |
19 Fri Apr 2024 | 7.93 | 7.53 | 8.33 | 6.09 | 0.827 times |
12 Fri Apr 2024 | 7.80 | 9.95 | 10.85 | 7.58 | 0.372 times |
05 Fri Apr 2024 | 10.18 | 8.22 | 11.57 | 7.25 | 0.814 times |
28 Thu Mar 2024 | 8.63 | 7.96 | 10.13 | 5.70 | 1.602 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 |
22 Mon Apr 2024 | 7.85 | 8.22 | 11.57 | 6.09 | 0.796 times |
28 Thu Mar 2024 | 8.63 | 3.32 | 10.13 | 2.76 | 5.126 times |
29 Thu Feb 2024 | 3.29 | 4.70 | 5.27 | 3.21 | 1.271 times |
31 Wed Jan 2024 | 4.67 | 5.05 | 5.26 | 4.26 | 0.101 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Canopy Growth stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Canopy Growth in short term but the sell signal is initial and weak.
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. Bears are weakening, and bulls 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 buy signal for Canopy Growth in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 7.96 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 positive
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Canopy Growth stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Canopy Growth in short term but the sell signal is initial and weak.
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. Bears are weakening, and bulls 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 buy signal for Canopy Growth in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 7.96 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.