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.
MarketClub’s Trade Triangles for WEED
The long-term trend has been DOWN since Mar 3rd, 2020 at 23.42
The intermediate-term trend has been UP since May 21st, 2020 at 25.43
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).
|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|