Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Canopy Growth Corporation (NASDAQ:CGC)
Crossroads (-60) - CGC is struggling to move into a solid trend. Beware of choppy markets 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CGC
The long-term trend has been UP since Nov 24th, 2020 at 25.37
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 36.49
The short-term trend has been DOWN since Mar 4th, 2021 at 32.97
Smart Scan Analysis for CGC
Based on our trend formula, CGC is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31.0900 | 31.5600 | 28.0400 | 31.1601 | +0.1501 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31.1700 | 5774537 | 2021-03-05 15:59:58 |
| 52wk High | 56.4965 | 52wk High Date | 2021-02-10 |
| 52wk Low | 9 | 52wk Low Date | 2020-03-18 |
| Average Volume | 9,402,171 | Shares Outstanding | 376,840 |
| Assets | 630,918,200M | Liabilities | 235,255,000M |
| P/E Ratio | 91.4059 |