Mobile app version of munafa.top
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2343280

Date Daily Closing Price Open High Low Volume
18 Mon Mar 2024 3.71 3.27 4.13 3.14 8.452 times
15 Fri Mar 2024 3.08 2.81 3.14 2.77 1.893 times
14 Thu Mar 2024 2.77 2.96 2.96 2.76 0.704 times
13 Wed Mar 2024 2.96 2.89 3.02 2.87 0.64 times
12 Tue Mar 2024 2.92 3.01 3.03 2.86 0.641 times
11 Mon Mar 2024 3.01 3.05 3.17 3.00 0.762 times
08 Fri Mar 2024 3.05 3.00 3.17 3.00 0.978 times
07 Thu Mar 2024 2.97 2.95 3.04 2.87 0.681 times
06 Wed Mar 2024 2.91 2.93 3.00 2.87 0.929 times
05 Tue Mar 2024 2.89 2.96 3.01 2.81 1.596 times

Stock of Canopy Growth (CGC) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3.8, for a target of 3.5 or 3.19

Share price targets for Canopy Growth (CGC)

Target Type Value
Downside Target 0.47
Downside Target 0.67
Downside Target 2.76
Downside Target 3.14
Downside Target 3.58
Upside Target 3.80
Upside Target 4.13
Upside Target 4.26
Upside Target 5.26
Upside Target 5.27
Upside Target 5.93

Intraday share price targets for Canopy Growth (CGC)

Target Type Value
Downside Intraday Target 3.19
Downside Intraday Target 2.67
Upside Intraday Target 4.18
Upside Intraday Target 4.65
Downside Intraday Target 3.66

Weekly technical analysis of Canopy Growth (CGC)

Date Weekly Closing Price Open High Low Volume
18 Mon Mar 2024 3.71 3.27 4.13 3.14 1.821 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
01 Fri Mar 2024 3.21 3.33 3.58 3.15 1.277 times
23 Fri Feb 2024 3.36 3.77 3.80 3.21 0.524 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Canopy Growth (CGC)

Date Monthly Closing Price Open High Low Volume
18 Mon Mar 2024 3.71 3.32 4.13 2.76 0.675 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
29 Fri Dec 2023 5.11 0.56 5.93 0.47 1.257 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Canopy Growth in short term but the buy 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 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 red color and prices are in or above the red cloud Prices appear to be moving up

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 3.33 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Canopy Growth in short term but the buy 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 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 red color and prices are in or above the red cloud Prices appear to be moving up

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 3.33 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme