Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
CANOPY GROWTH COMPANY WT (TSE:WEED.WT)
Countertrend Down (-85) - WEED.WT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid WEED.WT?
MarketClub looks at technical strength and momentum to determine if the timing is right for WEED.WT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WEED.WT
The long-term trend has been DOWN since Jun 28th, 2021 at 0.180
The intermediate-term trend has been DOWN since Jun 28th, 2021 at 0.180
The short-term trend has been UP since Oct 14th, 2021 at 0.065
Smart Scan Analysis for WEED.WT
Based on our trend formula, WEED.WT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).