(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 2024-04-04 View latest technical analysis
10 day averaged volume of Canopy Growth is 39413300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 9.78 | 10.30 | 11.57 | 9.39 | 1.091 times |
| 03 Wed Apr 2024 | 10.89 | 8.13 | 10.91 | 8.13 | 1.115 times |
| 02 Tue Apr 2024 | 8.35 | 7.59 | 8.97 | 7.53 | 0.834 times |
| 01 Mon Apr 2024 | 7.53 | 8.22 | 8.42 | 7.25 | 0.55 times |
| 28 Thu Mar 2024 | 8.63 | 9.27 | 10.13 | 8.13 | 1.238 times |
| 27 Wed Mar 2024 | 9.55 | 7.64 | 9.63 | 7.23 | 1.351 times |
| 26 Tue Mar 2024 | 7.23 | 5.88 | 8.24 | 5.70 | 1.386 times |
| 25 Mon Mar 2024 | 6.20 | 7.96 | 7.97 | 5.90 | 1.115 times |
| 22 Fri Mar 2024 | 7.69 | 4.70 | 7.99 | 4.66 | 1.7 times |
| 21 Thu Mar 2024 | 4.56 | 4.70 | 4.94 | 4.31 | 0.26 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8.4, but if it comes below 8.4, then a intra day sell could be more profitable.
If you take a sell trade below 8.4, then use 8.4 as stoploss and 5.66 as target. However if you take a buy trade in stock , then use 8.4 as stoploss and 11.6 as target.
Share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Target | 0.47 |
| Downside Target | 2.76 |
| Downside Target | 3.14 |
| Downside Target | 4.26 |
| Downside Target | 5.26 |
| Downside Target | 5.70 |
| Downside Target | 5.93 |
| Downside Target | 7.25 |
| Downside Target | 7.99 |
| Upside Target | 10.13 |
| Upside Target | 11.57 |
Intraday share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Intraday Target | 7.5 |
| Downside Intraday Target | 5.21 |
| Upside Intraday Target | 11.82 |
| Upside Intraday Target | 13.85 |
| Downside Intraday Target | 9.53 |
Weekly technical analysis of Canopy Growth (CGC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 9.78 | 8.22 | 11.57 | 7.25 | 0.705 times |
| 28 Thu Mar 2024 | 8.63 | 7.96 | 10.13 | 5.70 | 1.602 times |
| 22 Fri Mar 2024 | 7.69 | 3.27 | 7.99 | 3.14 | 11.511 times |
| 15 Fri Mar 2024 | 3.08 | 3.05 | 3.17 | 2.76 | 0.866 times |
| 08 Fri Mar 2024 | 3.05 | 3.23 | 3.24 | 2.81 | 0.929 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 |
| 04 Thu Apr 2024 | 9.78 | 8.22 | 11.57 | 7.25 | 0.401 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 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 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 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 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 BUY signal for Canopy Growth in short term and the buy signal is strong.
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 but buying is losing 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 8.34 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 rising upwards.
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 is giving positive 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 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 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 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 BUY signal for Canopy Growth in short term and the buy signal is strong.
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 but buying is losing 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 8.34 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 rising upwards.
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 is giving positive 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.