(CGC) Canopy Growth complete technical analysis [charts+indicators] | Buy/Sell Canopy Growth | (CGC) share price targets
Complete technical analysis of Canopy Growth (CGC) by charts plus indicators, forecast predictions and share price targets for Canopy Growth (CGC)
Canopy Growth trades in USA in Consumer Durables sector.
Showing technical analysis as on 2024-03-14 View latest technical analysis
10 day averaged volume of Canopy Growth is 2287450
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 2.77 | 2.96 | 2.96 | 2.76 | 0.721 times |
| 13 Wed Mar 2024 | 2.96 | 2.89 | 3.02 | 2.87 | 0.656 times |
| 12 Tue Mar 2024 | 2.92 | 3.01 | 3.03 | 2.86 | 0.657 times |
| 11 Mon Mar 2024 | 3.01 | 3.05 | 3.17 | 3.00 | 0.781 times |
| 08 Fri Mar 2024 | 3.05 | 3.00 | 3.17 | 3.00 | 1.002 times |
| 07 Thu Mar 2024 | 2.97 | 2.95 | 3.04 | 2.87 | 0.698 times |
| 06 Wed Mar 2024 | 2.91 | 2.93 | 3.00 | 2.87 | 0.952 times |
| 05 Tue Mar 2024 | 2.89 | 2.96 | 3.01 | 2.81 | 1.635 times |
| 04 Mon Mar 2024 | 3.02 | 3.23 | 3.24 | 2.98 | 1.203 times |
| 01 Fri Mar 2024 | 3.21 | 3.32 | 3.32 | 3.15 | 1.4 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.9, but if it comes above 2.9, then a intra day buy could be more profitable.
If you take a sell trade below 2.9, then use 2.9 as stoploss and 2.6 as target. However if you take a buy trade in stock , then use 2.9 as stoploss and 3.22 as target.
Share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Target | 0.47 |
| Downside Target | 0.67 |
| Downside Target | 2.76 |
| Upside Target | 3.15 |
| Upside Target | 3.32 |
| Upside Target | 3.58 |
| Upside Target | 3.80 |
| Upside Target | 4.04 |
| Upside Target | 4.26 |
| Upside Target | 5.26 |
| Upside Target | 5.27 |
| Upside Target | 5.93 |
Intraday share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Intraday Target | 2.63 |
| Downside Intraday Target | 2.49 |
| Upside Intraday Target | 3.04 |
| Upside Intraday Target | 3.31 |
| Upside Intraday Target | 2.9 |
Weekly technical analysis of Canopy Growth (CGC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 2.77 | 3.05 | 3.17 | 2.76 | 0.513 times |
| 08 Fri Mar 2024 | 3.05 | 3.23 | 3.24 | 2.81 | 0.929 times |
| 01 Fri Mar 2024 | 3.21 | 3.33 | 3.58 | 3.15 | 1.277 times |
| 23 Fri Feb 2024 | 3.36 | 3.77 | 3.80 | 3.21 | 0.524 times |
| 16 Fri Feb 2024 | 3.82 | 4.00 | 4.04 | 3.30 | 1.027 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Canopy Growth (CGC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 2.77 | 3.32 | 3.32 | 2.76 | 0.323 times |
| 29 Thu Feb 2024 | 3.29 | 4.70 | 5.27 | 3.21 | 1.271 times |
| 31 Wed Jan 2024 | 4.67 | 5.05 | 5.26 | 4.26 | 0.101 times |
| 29 Fri Dec 2023 | 5.11 | 0.56 | 5.93 | 0.47 | 1.257 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Canopy Growth (CGC)
Price action analysis of Canopy Growth ( (CGC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Canopy Growth ( (CGC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Canopy Growth ( (CGC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Canopy Growth ( (CGC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Canopy Growth stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Canopy Growth in short term and the sell signal is strong.
Canopy Growth Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Canopy Growth in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Canopy Growth is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.98 and Canopy Growth (CGC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Canopy Growth (CGC) stock. Volume based technical analysis of Canopy Growth (CGC) stock is negative.
Canopy Growth Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Canopy Growth ( (CGC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Canopy Growth ( (CGC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Canopy Growth ( (CGC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Canopy Growth ( (CGC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Canopy Growth stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Canopy Growth in short term and the sell signal is strong.
Canopy Growth Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Canopy Growth in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Canopy Growth is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.98 and Canopy Growth (CGC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Canopy Growth (CGC) stock. Volume based technical analysis of Canopy Growth (CGC) stock is negative.
Canopy Growth Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.