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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.

Open High Low WEED Price Change
1.15 1.16 1.10 1.12 -0.01
Entry Signal

MarketClub’s Trade Triangles for WEED

long term down The long-term trend has been DOWN since Dec 22nd, 2022 at 3.08

intermediate term down The intermediate-term trend has been DOWN since Feb 9th, 2023 at 3.37

short term down 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).

Smart Scan Analysis for WEED
Strong Downtrend Sideways 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 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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