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Stock Trend Analysis Report

Prepared for you on Tuesday, December 10, 2024.

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
3.6800 3.6800 3.4700 3.4989 -0.1511
Entry Signal

MarketClub’s Trade Triangles for CGC

long term down The long-term trend has been DOWN since Jul 9th, 2024 at 6.0900

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2024 at 4.0800

short term down The short-term trend has been DOWN since Nov 29th, 2024 at 3.8614

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
3.6800 3.6800 3.4700 3.4989 -0.1511
Prev. Close Volume Bid Ask Time
3.6500 3680504 2024-12-10 15:59:42
52wk High14.9252wk High Date2024-04-30
52wk Low2.75552wk Low Date2024-03-14
Average Volume5,557,873Shares Outstanding105,360
Assets123,234,800MLiabilities722,680,000M
P/E Ratio-0.25590000
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