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Stock Trend Analysis Report

Prepared for you on Sunday, January 16, 2022.

Canopy Growth Corporation - Common Shares (NASDAQ:CGC)

Long-Term Downtrend (-90) - CGC is in a strong downtrend that is likely to continue. While CGC is showing intraday strength, it remains in the confines of a bearish trend. 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
8.320 8.460 8.085 8.400 -0.010
Entry Signal

MarketClub’s Trade Triangles for CGC

long term down The long-term trend has been DOWN since May 4th, 2021 at 25.110

intermediate term down The intermediate-term trend has been DOWN since Nov 24th, 2021 at 11.310

short term down The short-term trend has been DOWN since Jan 13th, 2022 at 8.415

Smart Scan Analysis for CGC

Based on our trend formula, CGC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CGC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.320 8.460 8.085 8.400 -0.010
Prev. Close Volume Bid Ask Time
8.400 5686203 2022-01-14 15:59:54
52wk High56.496552wk High Date2021-02-10
52wk Low7.9652wk Low Date2022-01-06
Average Volume6,849,117Shares Outstanding393,649
Assets649,075,600MLiabilities225,036,900M
P/E Ratio-6.6416
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