(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 2024-04-10 View latest technical analysis
10 day averaged volume of Canopy Growth is 34945030
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 9.12 | 8.65 | 9.89 | 8.52 | 0.339 times |
| 09 Tue Apr 2024 | 9.16 | 9.49 | 9.93 | 9.04 | 0.324 times |
| 08 Mon Apr 2024 | 10.13 | 9.95 | 10.85 | 9.67 | 0.523 times |
| 05 Fri Apr 2024 | 10.18 | 9.70 | 10.38 | 8.93 | 0.621 times |
| 04 Thu Apr 2024 | 9.78 | 10.30 | 11.57 | 9.39 | 1.231 times |
| 03 Wed Apr 2024 | 10.89 | 8.13 | 10.91 | 8.13 | 1.258 times |
| 02 Tue Apr 2024 | 8.35 | 7.59 | 8.97 | 7.53 | 0.94 times |
| 01 Mon Apr 2024 | 7.53 | 8.22 | 8.42 | 7.25 | 0.62 times |
| 28 Thu Mar 2024 | 8.63 | 9.27 | 10.13 | 8.13 | 1.396 times |
| 27 Wed Mar 2024 | 9.55 | 7.64 | 9.63 | 7.23 | 1.524 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 9.7 as stoploss in an intra day sell trade for a target of 6.99. However, stock will show a bullish move above 9.7.
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 |
| Downside Target | 8.52 |
| 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 | 8.14 |
| Downside Intraday Target | 7.17 |
| Upside Intraday Target | 10.47 |
| Upside Intraday Target | 11.83 |
| Upside Intraday Target | 9.5 |
Weekly technical analysis of Canopy Growth (CGC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 9.12 | 9.95 | 10.85 | 8.52 | 0.254 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 |
| 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 |
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 |
| 10 Wed Apr 2024 | 9.12 | 8.22 | 11.57 | 7.25 | 0.581 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Canopy Growth ( (CGC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing momentum.
MACD generated a BUY signal for Canopy Growth in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Canopy Growth in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 9.4 and Canopy Growth (CGC) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Canopy Growth ( (CGC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing momentum.
MACD generated a BUY signal for Canopy Growth in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Canopy Growth in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 9.4 and Canopy Growth (CGC) stock is trading below this level. This means that stock is falling with high volumes. 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.