(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 2024-09-30 View latest technical analysis
10 day averaged volume of Canopy Growth is 2739740
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Mon Sep 2024 | 4.82 | 4.60 | 5.31 | 4.56 | 4.209 times |
| 27 Fri Sep 2024 | 4.57 | 4.56 | 4.63 | 4.50 | 0.995 times |
| 26 Thu Sep 2024 | 4.52 | 4.45 | 4.54 | 4.42 | 1.068 times |
| 25 Wed Sep 2024 | 4.41 | 4.61 | 4.61 | 4.35 | 1.098 times |
| 24 Tue Sep 2024 | 4.60 | 4.58 | 4.80 | 4.54 | 1.11 times |
| 23 Mon Sep 2024 | 4.57 | 4.70 | 4.71 | 4.51 | 0.826 times |
| 20 Fri Sep 2024 | 4.64 | 4.73 | 4.74 | 4.55 | 0.76 times |
| 19 Thu Sep 2024 | 4.71 | 4.94 | 4.96 | 4.67 | 0.953 times |
| 18 Wed Sep 2024 | 4.77 | 4.86 | 5.02 | 4.75 | 0.913 times |
| 17 Tue Sep 2024 | 4.89 | 5.03 | 5.10 | 4.80 | 1.076 times |
Stock of Canopy Growth (CGC) has showed a significant upmove. This could be a good time to enter in this stock!
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 4.9 as stoploss in an intra day sell trade for a target of 4.72. However, stock will show a bullish move above 4.9.
Share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Target | 4.35 |
| Downside Target | 4.44 |
| Downside Target | 4.55 |
| Downside Target | 4.80 |
| Upside Target | 5.06 |
| Upside Target | 5.31 |
| Upside Target | 5.47 |
| Upside Target | 6.07 |
| Upside Target | 6.32 |
| Upside Target | 7.81 |
| Upside Target | 8.20 |
| Upside Target | 8.65 |
| Upside Target | 8.68 |
| Upside Target | 14.10 |
Intraday share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Intraday Target | 4.48 |
| Downside Intraday Target | 4.15 |
| Upside Intraday Target | 5.23 |
| Upside Intraday Target | 5.65 |
| Upside Intraday Target | 4.9 |
Weekly technical analysis of Canopy Growth (CGC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Mon Sep 2024 | 4.82 | 4.60 | 5.31 | 4.56 | 0.826 times |
| 27 Fri Sep 2024 | 4.57 | 4.70 | 4.80 | 4.35 | 1.04 times |
| 20 Fri Sep 2024 | 4.64 | 4.78 | 5.10 | 4.55 | 0.844 times |
| 13 Fri Sep 2024 | 4.79 | 4.84 | 5.09 | 4.59 | 1.359 times |
| 06 Fri Sep 2024 | 4.48 | 5.38 | 5.47 | 4.44 | 7.472 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 |
| 30 Mon Sep 2024 | 4.82 | 5.38 | 5.47 | 4.35 | 1.032 times |
| 30 Fri Aug 2024 | 5.21 | 7.60 | 7.81 | 5.06 | 0.704 times |
| 31 Wed Jul 2024 | 7.60 | 6.50 | 8.65 | 6.07 | 1.301 times |
| 28 Fri Jun 2024 | 6.45 | 8.50 | 8.68 | 6.32 | 0.227 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 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 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 below 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 4.69 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 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.
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 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 below 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 4.69 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 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.