(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 9986720
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 8.97 | 8.73 | 9.32 | 8.63 | 0.746 times |
| 23 Tue Apr 2024 | 9.03 | 7.74 | 9.15 | 7.67 | 1.204 times |
| 22 Mon Apr 2024 | 7.85 | 8.22 | 8.36 | 7.63 | 0.671 times |
| 19 Fri Apr 2024 | 7.93 | 7.45 | 8.33 | 7.45 | 1.257 times |
| 18 Thu Apr 2024 | 7.83 | 6.55 | 8.20 | 6.41 | 1.684 times |
| 17 Wed Apr 2024 | 6.49 | 6.76 | 6.92 | 6.09 | 0.675 times |
| 16 Tue Apr 2024 | 6.70 | 6.67 | 7.14 | 6.57 | 0.595 times |
| 15 Mon Apr 2024 | 6.98 | 7.53 | 7.89 | 6.81 | 0.808 times |
| 12 Fri Apr 2024 | 7.80 | 8.10 | 8.53 | 7.58 | 0.751 times |
| 11 Thu Apr 2024 | 8.15 | 9.05 | 9.27 | 7.83 | 1.17 times |
My analysis of stock is bullish for shortterm, and stock might move up till 9.7 or till 11.1. Use a stoploss of 8.55 and if this stock hits its stoploss, then it can fall down till 7.38
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 |
| Downside Target | 8.33 |
| Upside Target | 9.32 |
| 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 | 7.96 |
| Downside Intraday Target | 6.95 |
| Upside Intraday Target | 9.65 |
| Upside Intraday Target | 10.33 |
| Downside Intraday Target | 8.64 |
Weekly technical analysis of Canopy Growth (CGC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 8.97 | 8.22 | 9.32 | 7.63 | 0.522 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 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 |
| 24 Wed Apr 2024 | 8.97 | 8.22 | 11.57 | 6.09 | 0.852 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 up 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Canopy Growth in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Canopy Growth Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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
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 7.88 and Canopy Growth (CGC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Canopy Growth in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Canopy Growth Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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
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 7.88 and Canopy Growth (CGC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.