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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.

NASDAQ_CGC
Open High Low CGC Price Change
31.0900 31.5600 28.0400 31.1601 +0.1501
Entry Signal

MarketClub’s Trade Triangles for CGC

long term up The long-term trend has been UP since Nov 24th, 2020 at 25.37

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 36.49

short term down 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).

-60
Smart Scan Analysis for CGC
Strong Downtrend Sideways 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 High56.496552wk High Date2021-02-10
52wk Low952wk Low Date2020-03-18
Average Volume9,402,171Shares Outstanding376,840
Assets630,918,200MLiabilities235,255,000M
P/E Ratio91.4059
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