Stock Trend Analysis Report
Prepared for you on Sunday, July 5, 2020.
Canopy Growth Corp (NYSE:CGC)
Bear Market Rally (-75) - CGC is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CGC as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CGC?
MarketClub looks at technical strength and momentum to determine if the timing is right for CGC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CGC
The long-term trend has been DOWN since Mar 3rd, 2020 at 17.48
The intermediate-term trend has been DOWN since Jun 29th, 2020 at 15.80
The short-term trend has been UP since Jul 1st, 2020 at 16.54
Smart Scan Analysis for CGC
Based on our trend formula, CGC is rated as a -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||43.94||52wk High Date||2019-06-20|
|52wk Low||9||52wk Low Date||2020-03-18|
|Average Volume||10,133,956||Shares Outstanding||369,939|