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Stock Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
Canopy Growth Corp (TSE:WEED)
Strong Downtrend (-100) - WEED is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, WEED continues to fall. Traders should use caution 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.
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MarketClub’s Trade Triangles for WEED
The long-term trend has been DOWN since Dec 22nd, 2022 at 3.08
The intermediate-term trend has been DOWN since Feb 9th, 2023 at 3.37
The short-term trend has been DOWN since May 25th, 2023 at 1.39
Smart Scan Analysis for WEED
Based on our trend formula, WEED is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.15 | 1.16 | 1.10 | 1.12 | -0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.13 | 592435 | 2023-06-01 15:39:50 |
| 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 |