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Stock Trend Analysis Report
Prepared for you on Wednesday, March 29, 2023.
Canopy Growth Corporation - Common Shares (NASDAQ:CGC)
Strong Downtrend (-100) - CGC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CGC continues to fall. Traders should use caution and set stops.
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 Dec 22nd, 2022 at 2.2301
The intermediate-term trend has been DOWN since Feb 9th, 2023 at 2.5100
The short-term trend has been DOWN since Feb 22nd, 2023 at 2.3400
Smart Scan Analysis for CGC
Based on our trend formula, CGC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.87 | 1.89 | 1.81 | 1.81 | -0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.88 | 3956198 | 2023-03-28 15:59:59 |
| 52wk High | 8.64 | 52wk High Date | 2022-03-30 |
| 52wk Low | 1.85 | 52wk Low Date | 2023-03-20 |
| Average Volume | 5,124,598 | Shares Outstanding | 494,894 |
| Assets | 340,227,000M | Liabilities | 177,709,700M |
| P/E Ratio | -6.64160000 |