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Stock Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Canopy Growth Corp (TSE:WEED)

Bull Market Weakness (+75) - WEED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on WEED as it may be in the beginning stages of a reversal.

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.

Open High Low WEED Price Change
11.38 11.45 10.50 10.79 -0.12
Entry Signal

MarketClub’s Trade Triangles for WEED

long term up The long-term trend has been UP since Dec 20th, 2023 at 2.60

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2024 at 4.84

short term up 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 +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for WEED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.38 11.45 10.50 10.79 -0.12
Prev. Close Volume Bid Ask Time
10.79 2160754 2024-04-22 16:00:00
Year High76.68Year High Date2018-10-16
Year Low20.85Year Low Date2018-02-05
52wk High76.6852wk High Date2018-10-16
52wk Low17.1652wk Low Date2017-11-30
Average Volume4,537,551Volatility98.59
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