(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 3648840
Date | Daily Closing Price | Open | High | Low | Volume |
21 Wed Apr 2021 | 27.17 | 25.11 | 27.18 | 25.11 | 0.953 times |
20 Tue Apr 2021 | 25.56 | 27.98 | 28.04 | 25.11 | 1.408 times |
19 Mon Apr 2021 | 27.46 | 27.79 | 28.66 | 26.94 | 0.752 times |
16 Fri Apr 2021 | 27.80 | 27.49 | 27.88 | 26.91 | 0.575 times |
15 Thu Apr 2021 | 27.42 | 28.10 | 28.38 | 27.15 | 0.705 times |
14 Wed Apr 2021 | 27.79 | 27.97 | 28.32 | 27.45 | 0.633 times |
13 Tue Apr 2021 | 27.86 | 27.22 | 28.17 | 26.92 | 0.861 times |
12 Mon Apr 2021 | 27.64 | 28.62 | 28.67 | 27.35 | 0.924 times |
09 Fri Apr 2021 | 28.99 | 28.45 | 29.49 | 27.82 | 1.139 times |
08 Thu Apr 2021 | 28.50 | 30.12 | 30.19 | 28.20 | 2.207 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.5, but if it comes above 27.5, then a intra day buy could be more profitable.
If you take a sell trade below 27.5, then use 27.5 as stoploss and 24.9 as target. However if you take a buy trade in stock , then use 27.5 as stoploss and 29.6 as target.
Share price targets for Canopy Growth (CGC)
Target Type | Value |
Downside Target | 24.05 |
Downside Target | 24.91 |
Downside Target | 26.91 |
Upside Target | 27.82 |
Upside Target | 28.66 |
Upside Target | 29.52 |
Upside Target | 30.23 |
Upside Target | 31.45 |
Upside Target | 32.61 |
Upside Target | 33.27 |
Upside Target | 34.72 |
Upside Target | 37.08 |
Upside Target | 41.75 |
Upside Target | 56.50 |
Intraday share price targets for Canopy Growth (CGC)
Target Type | Value |
Downside Intraday Target | 25.3 |
Downside Intraday Target | 23.43 |
Upside Intraday Target | 28.85 |
Upside Intraday Target | 30.53 |
Downside Intraday Target | 26.98 |
Weekly technical analysis of Canopy Growth (CGC)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Wed Apr 2021 | 27.17 | 27.79 | 28.66 | 25.11 | 0.842 times |
16 Fri Apr 2021 | 27.80 | 28.62 | 28.67 | 26.91 | 0.677 times |
09 Fri Apr 2021 | 28.99 | 32.60 | 32.61 | 27.82 | 1.82 times |
01 Thu Apr 2021 | 32.06 | 32.06 | 33.27 | 30.70 | 0.843 times |
26 Fri Mar 2021 | 32.12 | 34.55 | 34.72 | 30.23 | 0.77 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 |
21 Wed Apr 2021 | 27.17 | 32.82 | 33.08 | 25.11 | 0.492 times |
31 Wed Mar 2021 | 32.03 | 33.47 | 37.08 | 28.04 | 0.512 times |
26 Fri Feb 2021 | 32.75 | 40.06 | 56.50 | 31.45 | 1.261 times |
29 Fri Jan 2021 | 40.07 | 24.92 | 41.75 | 24.91 | 1.694 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)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 9, 29, 52 | Sell |
MACD | -3, -3 | Sell |
Stochastics | 20 | Sell |
CCI | -141 | Buy |
RSI | 50 | Buy |
OBV | -19478400 | Sell |
VWAP | 28 | Sell |
ADL | 0 | Sell |
ROC | -9 | Sell |
Force Index | 0 | Sell |
Price action analysis of Canopy Growth ( (CGC) ) based on a short 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 short 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Canopy Growth in short term and the sell 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 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 in or above 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 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 27.65 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.
Daily charts
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