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Stock Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Canopy Growth Corporation - Common Shares (NASDAQ:CGC)

Strong Uptrend (+100) - CGC is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CGC continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

NASDAQ_CGC
Open High Low CGC Price Change
0.732000 0.802899 0.701800 0.799950 +0.077550
Entry Signal

MarketClub’s Trade Triangles for CGC

long term up The long-term trend has been UP since Sep 8th, 2023 at 0.8642

intermediate term up The intermediate-term trend has been UP since Dec 4th, 2023 at 0.6462

short term up The short-term trend has been UP since Dec 1st, 2023 at 0.5720

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).

+100
Smart Scan Analysis for CGC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.732000 0.802899 0.701800 0.799950 +0.077550
Prev. Close Volume Bid Ask Time
0.722400 36151941 2023-12-08 15:09:59
52wk High3.3152wk High Date2022-12-08
52wk Low0.34652wk Low Date2023-07-17
Average Volume23,691,665Shares Outstanding829,084
Assets219,053,400MLiabilities134,460,400M
P/E Ratio-6.64160000
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