Stock Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
Canopy Growth Corp (TSE:WEED)
Sidelines Mode (-55) - WEED is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Jan 14th, 2020 at 31.60
The intermediate-term trend has been DOWN since Feb 7th, 2020 at 26.28
The short-term trend has been UP since Feb 14th, 2020 at 27.26
Smart Scan Analysis for WEED
Based on our trend formula, WEED is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|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|