Stock Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Canopy Growth Corp (NYSE:CGC)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 CGC
The long term trend has been UP since Jan 14th, 2020 at 23.7500
The intermediate term trend has been DOWN since Feb 7th, 2020 at 20.1400
The short term trend has been UP since Feb 14th, 2020 at 20.5107
Smart Scan Analysis for CGC
Based on a pre-defined weighted trend formula for chart analysis, CGC scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||59.25||Year High Date||2018-10-16|
|Year Low||24.21||Year Low Date||2018-07-20|
|52wk High||52.74||52wk High Date||2019-04-30|
|52wk Low||13.81||52wk Low Date||2019-11-19|
|Average Volume||6,912,375||Shares Outstanding||200,989|