Stock Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
Canopy Growth Corp (NYSE:CGC)
Weak Downtrend (-65) - CGC is showing signs of a strengthening downtrend. Monitor CGC as it may be building momentum to the downside.
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 Jan 14th, 2020 at 23.75
The intermediate-term trend has been DOWN since Feb 7th, 2020 at 20.14
The short-term trend has been DOWN since Feb 24th, 2020 at 21.58
Smart Scan Analysis for CGC
Based on our trend formula, CGC is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||59.25||Year High Date||2018-10-16|
|Year Low||24.21||Year Low Date||2018-07-20|
|52wk High||52.74||52wk High Date||2019-04-30|
|52wk Low||13.81||52wk Low Date||2019-11-19|
|Average Volume||6,912,375||Shares Outstanding||200,989|