(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 2024-10-18 View latest technical analysis
10 day averaged volume of Canopy Growth is 3227180
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Fri Oct 2024 | 4.44 | 4.37 | 4.51 | 4.29 | 1.407 times |
| 17 Thu Oct 2024 | 4.31 | 4.25 | 4.33 | 4.17 | 0.732 times |
| 16 Wed Oct 2024 | 4.26 | 4.17 | 4.26 | 4.16 | 0.761 times |
| 15 Tue Oct 2024 | 4.13 | 4.22 | 4.23 | 4.06 | 0.722 times |
| 14 Mon Oct 2024 | 4.19 | 4.14 | 4.25 | 4.11 | 0.973 times |
| 11 Fri Oct 2024 | 4.04 | 3.97 | 4.14 | 3.91 | 1.386 times |
| 10 Thu Oct 2024 | 3.98 | 4.00 | 4.01 | 3.85 | 0.745 times |
| 09 Wed Oct 2024 | 4.03 | 4.10 | 4.12 | 3.98 | 1.075 times |
| 08 Tue Oct 2024 | 4.09 | 4.23 | 4.23 | 4.07 | 0.905 times |
| 07 Mon Oct 2024 | 4.20 | 4.41 | 4.45 | 4.19 | 1.383 times |
My analysis of stock is bullish for shortterm, and stock might move up till 4.6 or till 4.8. Use a stoploss of 4.35 and if this stock hits its stoploss, then it can fall down till 4.13
Share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Target | 3.85 |
| Downside Target | 4.06 |
| Downside Target | 4.25 |
| Downside Target | 4.35 |
| Upside Target | 4.45 |
| 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 | 4.16 |
| Downside Intraday Target | 3.89 |
| Upside Intraday Target | 4.61 |
| Upside Intraday Target | 4.79 |
| Downside Intraday Target | 4.34 |
Weekly technical analysis of Canopy Growth (CGC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Fri Oct 2024 | 4.44 | 4.14 | 4.51 | 4.06 | 0.836 times |
| 11 Fri Oct 2024 | 4.04 | 4.41 | 4.45 | 3.85 | 0.513 times |
| 04 Fri Oct 2024 | 4.42 | 4.60 | 5.31 | 4.25 | 2.477 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 |
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 |
| 18 Fri Oct 2024 | 4.44 | 4.81 | 4.85 | 3.85 | 0.836 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 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 short 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 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 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 stronger in this stock.
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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 4.17 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 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 is giving positive 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 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 short 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 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 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 stronger in this stock.
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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 4.17 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 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 is giving positive 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.