(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.
10 day averaged volume of Canopy Growth is 22382560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 6.98 | 7.53 | 7.89 | 6.81 | 0.36 times |
| 12 Fri Apr 2024 | 7.80 | 8.10 | 8.53 | 7.58 | 0.335 times |
| 11 Thu Apr 2024 | 8.15 | 9.05 | 9.27 | 7.83 | 0.522 times |
| 10 Wed Apr 2024 | 9.12 | 8.65 | 9.89 | 8.52 | 0.529 times |
| 09 Tue Apr 2024 | 9.16 | 9.49 | 9.93 | 9.04 | 0.506 times |
| 08 Mon Apr 2024 | 10.13 | 9.95 | 10.85 | 9.67 | 0.817 times |
| 05 Fri Apr 2024 | 10.18 | 9.70 | 10.38 | 8.93 | 0.97 times |
| 04 Thu Apr 2024 | 9.78 | 10.30 | 11.57 | 9.39 | 1.921 times |
| 03 Wed Apr 2024 | 10.89 | 8.13 | 10.91 | 8.13 | 1.964 times |
| 02 Tue Apr 2024 | 8.35 | 7.59 | 8.97 | 7.53 | 1.468 times |
My analysis of stock is bearish for shortterm, and stock might move down till 5.6 or till 3. Use a stoploss of 7.7 and if the stock hits stoploss, then it can shoot up till 9.81
Share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Target | 0.47 |
| Downside Target | 2.76 |
| Downside Target | 3.14 |
| Downside Target | 3.21 |
| Downside Target | 4.26 |
| Downside Target | 5.26 |
| Downside Target | 5.70 |
| Downside Target | 5.93 |
| Downside Target | 6.81 |
| Upside Target | 7.25 |
| Upside Target | 7.58 |
| Upside Target | 7.89 |
| 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 | 6.56 |
| Downside Intraday Target | 6.15 |
| Upside Intraday Target | 7.64 |
| Upside Intraday Target | 8.31 |
| Upside Intraday Target | 7.23 |
Weekly technical analysis of Canopy Growth (CGC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 6.98 | 7.53 | 7.89 | 6.81 | 0.133 times |
| 12 Fri Apr 2024 | 7.80 | 9.95 | 10.85 | 7.58 | 0.372 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 |
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 |
| 15 Mon Apr 2024 | 6.98 | 8.22 | 11.57 | 6.81 | 0.658 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 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 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 Weak 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 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 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 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 9.52 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 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 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 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 Weak 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 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 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 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 9.52 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 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.