Stock Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
Canopy Growth Corp (NYSE:CGC)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 Feb 4th, 2019 at 50.9900
The intermediate term trend has been DOWN since Feb 11th, 2019 at 42.5441
The short term trend has been DOWN since Mar 22nd, 2019 at 45.5600
Smart Scan Analysis for CGC
Based on a pre-defined weighted trend formula for chart analysis, CGC scored -70 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||59.25||52wk High Date||2018-10-16|
|52wk Low||18.9302||52wk Low Date||2018-04-10|
|Average Volume||11,583,894||Shares Outstanding||200,989|