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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Canopy Growth Corporation - Common Shares (NASDAQ:CGC)
Sidelines Mode (+55) - CGC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Jul 9th, 2024 at 6.09
The intermediate-term trend has been UP since Jul 15th, 2024 at 7.14
The short-term trend has been DOWN since Jul 25th, 2024 at 7.20
Smart Scan Analysis for CGC
Based on our trend formula, CGC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.2500 | 7.4300 | 7.1802 | 7.2950 | +0.1350 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.1600 | 2230223 | 2024-07-26 15:59:54 |
| 52wk High | 19.2 | 52wk High Date | 2023-09-12 |
| 52wk Low | 2.755 | 52wk Low Date | 2024-03-14 |
| Average Volume | 4,016,531 | Shares Outstanding | 76,198 |
| Assets | 130,033,000M | Liabilities | 799,962,000M |
| P/E Ratio | -0.25590000 |