Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Canopy Growth Corp (TSE:WEED)

Bear Market Rally (-75) - WEED is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on WEED as it may be in the beginning 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.

TSE_WEED
Open High Low WEED Price Change
22.97 23.26 21.68 22.35 -1.86
Entry Signal

MarketClub’s Trade Triangles for WEED

long term down The long-term trend has been DOWN since Mar 3rd, 2020 at 23.42

intermediate term up The intermediate-term trend has been UP since May 21st, 2020 at 25.43

short term down The short-term trend has been DOWN since May 29th, 2020 at 25.59

Smart Scan Analysis for WEED

Based on our trend formula, WEED is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for WEED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.97 23.26 21.68 22.35 -1.86
Prev. Close Volume Bid Ask Time
20.53 4277809 2020-06-01 15:59:37
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
Get a free daily analysis and signals for Canopy Growth Corp (WEED) - Request Your Free Report.