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Stock Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

Canopy Growth Corp (TSE:WEED)

Countertrend Down (-85) - WEED is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
12.93 13.82 12.85 13.42 +0.47
Entry Signal

MarketClub’s Trade Triangles for WEED

long term down The long-term trend has been DOWN since May 3rd, 2021 at 31.70

intermediate term down The intermediate-term trend has been DOWN since Nov 29th, 2021 at 14.24

short term up The short-term trend has been UP since Dec 7th, 2021 at 13.32

Smart Scan Analysis for WEED

Based on our trend formula, WEED is rated as a -85 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
12.93 13.82 12.85 13.42 +0.47
Prev. Close Volume Bid Ask Time
12.95 2460485 2021-12-07 15:59:51
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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