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Stock Trend Analysis Report

Prepared for you on Friday, October 15, 2021.

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
13.74 13.83 13.24 13.34 -0.36
Entry Signal

MarketClub’s Trade Triangles for CGC

long term down The long-term trend has been DOWN since May 4th, 2021 at 25.11

intermediate term down The intermediate-term trend has been DOWN since Jun 21st, 2021 at 22.94

short term up The short-term trend has been UP since Oct 14th, 2021 at 13.48

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
13.74 13.83 13.24 13.34 -0.36
Prev. Close Volume Bid Ask Time
13.70 5154585 2021-10-15 15:59:52
52wk High56.496552wk High Date2021-02-10
52wk Low12.8652wk Low Date2021-10-04
Average Volume4,130,279Shares Outstanding393,179
Assets696,648,300MLiabilities282,640,300M
P/E Ratio-6.6416
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