(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 2024-04-11 View latest technical analysis
10 day averaged volume of Canopy Growth is 30667120
Date | Daily Closing Price | Open | High | Low | Volume |
11 Thu Apr 2024 | 8.15 | 9.05 | 9.27 | 7.83 | 0.381 times |
10 Wed Apr 2024 | 9.12 | 8.65 | 9.89 | 8.52 | 0.386 times |
09 Tue Apr 2024 | 9.16 | 9.49 | 9.93 | 9.04 | 0.369 times |
08 Mon Apr 2024 | 10.13 | 9.95 | 10.85 | 9.67 | 0.597 times |
05 Fri Apr 2024 | 10.18 | 9.70 | 10.38 | 8.93 | 0.708 times |
04 Thu Apr 2024 | 9.78 | 10.30 | 11.57 | 9.39 | 1.402 times |
03 Wed Apr 2024 | 10.89 | 8.13 | 10.91 | 8.13 | 1.433 times |
02 Tue Apr 2024 | 8.35 | 7.59 | 8.97 | 7.53 | 1.072 times |
01 Mon Apr 2024 | 7.53 | 8.22 | 8.42 | 7.25 | 0.707 times |
28 Thu Mar 2024 | 8.63 | 9.27 | 10.13 | 8.13 | 1.591 times |
My analysis of stock is bullish for shortterm, and stock might move up till 9.8 or till 12.9. Use a stoploss of 7.25 and if this stock hits its stoploss, then it can fall down till 4.7
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 | 7.83 |
Downside Target | 7.99 |
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 | 7.04 |
Downside Intraday Target | 5.92 |
Upside Intraday Target | 10.06 |
Upside Intraday Target | 11.96 |
Upside Intraday Target | 8.94 |
Weekly technical analysis of Canopy Growth (CGC)
Date | Weekly Closing Price | Open | High | Low | Volume |
11 Thu Apr 2024 | 8.15 | 9.95 | 10.85 | 7.83 | 0.326 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 |
11 Thu Apr 2024 | 8.15 | 8.22 | 11.57 | 7.25 | 0.614 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 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)
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 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 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 SELL signal for Canopy Growth in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Canopy Growth is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.32 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 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 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 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 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 SELL signal for Canopy Growth in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Canopy Growth is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.32 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.