Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Canopy Growth Corp (TSE:WEED)
Long-Term Uptrend (+90) - WEED is in a strong uptrend that is likely to continue. While WEED is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid WEED?
MarketClub looks at technical strength and momentum to determine if the timing is right for WEED.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for WEED
The long-term trend has been UP since Dec 20th, 2023 at 2.60
The intermediate-term trend has been UP since Mar 18th, 2024 at 4.84
The short-term trend has been UP since Apr 18th, 2024 at 10.85
Smart Scan Analysis for WEED
Based on our trend formula, WEED is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.08 | 12.76 | 11.84 | 12.27 | -0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.27 | 2739727 | 2024-04-24 16:00:00 |
| Year High | 76.68 | Year High Date | 2018-10-16 |
| Year Low | 20.85 | Year Low Date | 2018-02-05 |
| 52wk High | 76.68 | 52wk High Date | 2018-10-16 |
| 52wk Low | 17.16 | 52wk Low Date | 2017-11-30 |
| Average Volume | 4,537,551 | Volatility | 98.59 |