Stock Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
Canopy Growth Corp (TSE:WEED)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for WEED
The long term trend has been UP since Jan 14th, 2020 at 31.60
The intermediate term trend has been UP since Jan 13th, 2020 at 28.07
The short term trend has been UP since Jan 9th, 2020 at 26.82
Smart Scan Analysis for WEED
Based on a pre-defined weighted trend formula for chart analysis, WEED scored +90 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|