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Stock Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
Canopy Growth Corporation - Common Shares (NASDAQ:CGC)
Bear Market Rally (-75) - CGC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CGC as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CGC?
MarketClub looks at technical strength and momentum to determine if the timing is right for CGC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CGC
The long-term trend has been DOWN since May 4th, 2021 at 25.11
The intermediate-term trend has been DOWN since Jun 21st, 2021 at 22.94
The short-term trend has been UP since Oct 14th, 2021 at 13.48
Smart Scan Analysis for CGC
Based on our trend formula, CGC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.74 | 13.83 | 13.24 | 13.34 | -0.36 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.70 | 5154585 | 2021-10-15 15:59:52 |
| 52wk High | 56.4965 | 52wk High Date | 2021-02-10 |
| 52wk Low | 12.86 | 52wk Low Date | 2021-10-04 |
| Average Volume | 4,130,279 | Shares Outstanding | 393,179 |
| Assets | 696,648,300M | Liabilities | 282,640,300M |
| P/E Ratio | -6.6416 |