(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 2024-10-03 View latest technical analysis
10 day averaged volume of Canopy Growth is 4306890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 4.58 | 4.40 | 4.61 | 4.37 | 1.375 times |
| 02 Wed Oct 2024 | 4.42 | 4.39 | 4.44 | 4.25 | 0.978 times |
| 01 Tue Oct 2024 | 4.41 | 4.81 | 4.85 | 4.38 | 2.013 times |
| 30 Mon Sep 2024 | 4.82 | 4.60 | 5.31 | 4.56 | 2.677 times |
| 27 Fri Sep 2024 | 4.57 | 4.56 | 4.63 | 4.50 | 0.633 times |
| 26 Thu Sep 2024 | 4.52 | 4.45 | 4.54 | 4.42 | 0.68 times |
| 25 Wed Sep 2024 | 4.41 | 4.61 | 4.61 | 4.35 | 0.699 times |
| 24 Tue Sep 2024 | 4.60 | 4.58 | 4.80 | 4.54 | 0.706 times |
| 23 Mon Sep 2024 | 4.57 | 4.70 | 4.71 | 4.51 | 0.525 times |
| 20 Fri Sep 2024 | 4.64 | 4.73 | 4.74 | 4.55 | 0.483 times |
My analysis of stock is bearish for shortterm, and stock might move down till 4.5 or till 4.3. Use a stoploss of 4.66 and if the stock hits stoploss, then it can shoot up till 4.82
Share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Target | 4.25 |
| Downside Target | 4.35 |
| Downside Target | 4.44 |
| Downside Target | 4.55 |
| Upside 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 | 8.65 |
| Upside Target | 8.68 |
Intraday share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Intraday Target | 4.12 |
| Downside Intraday Target | 3.65 |
| Upside Intraday Target | 5.18 |
| Upside Intraday Target | 5.77 |
| Upside Intraday Target | 4.71 |
Weekly technical analysis of Canopy Growth (CGC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 4.58 | 4.60 | 5.31 | 4.25 | 2.172 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, 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 |
| 03 Thu Oct 2024 | 4.58 | 4.81 | 4.85 | 4.25 | 0.283 times |
| 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 |
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 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 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 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 BUY. Signal strength is Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 4.58 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.
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 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 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 BUY. Signal strength is Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 4.58 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.