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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.

NASDAQ_CGC
Open High Low CGC Price Change
1.87 1.89 1.81 1.81 -0.07
Entry Signal

MarketClub’s Trade Triangles for CGC

long term down The long-term trend has been DOWN since Dec 22nd, 2022 at 2.2301

intermediate term down The intermediate-term trend has been DOWN since Feb 9th, 2023 at 2.5100

short term down 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).

-100
Smart Scan Analysis for CGC
Strong Downtrend Sideways 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 High8.6452wk High Date2022-03-30
52wk Low1.8552wk Low Date2023-03-20
Average Volume5,124,598Shares Outstanding494,894
Assets340,227,000MLiabilities177,709,700M
P/E Ratio-6.64160000
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