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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Canopy Growth Corporation - Common Shares (NASDAQ:CGC)

Bear Market Rally (-75) - CGC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CGC as it may be in the beginning of a reversal.

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
2.81 2.85 2.76 2.83 +0.02
Entry Signal

MarketClub’s Trade Triangles for CGC

long term down The long-term trend has been DOWN since Jul 9th, 2024 at 6.09

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2024 at 4.08

short term up The short-term trend has been UP since Dec 24th, 2024 at 2.99

Smart Scan Analysis for CGC

Based on our trend formula, CGC is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CGC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.81 2.85 2.76 2.83 +0.02
Prev. Close Volume Bid Ask Time
2.81 3015428 2024-12-26 14:57:00
52wk High14.9252wk High Date2024-04-30
52wk Low2.752wk Low Date2024-12-20
Average Volume5,006,574Shares Outstanding105,360
Assets123,234,800MLiabilities722,680,000M
P/E Ratio-0.25590000
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