(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 2024-08-01 View latest technical analysis
10 day averaged volume of Canopy Growth is 4770961
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 6.77 | 7.60 | 7.81 | 6.77 | 1.055 times |
| 31 Wed Jul 2024 | 7.60 | 7.55 | 7.89 | 7.43 | 0.595 times |
| 30 Tue Jul 2024 | 7.60 | 7.52 | 8.04 | 7.40 | 1.094 times |
| 29 Mon Jul 2024 | 7.36 | 7.38 | 7.68 | 7.27 | 0.553 times |
| 26 Fri Jul 2024 | 7.30 | 7.28 | 7.43 | 7.18 | 0.48 times |
| 25 Thu Jul 2024 | 7.16 | 7.37 | 7.56 | 7.15 | 0.484 times |
| 24 Wed Jul 2024 | 7.32 | 8.09 | 8.09 | 7.20 | 1.148 times |
| 23 Tue Jul 2024 | 8.20 | 8.22 | 8.65 | 8.05 | 1.659 times |
| 22 Mon Jul 2024 | 8.35 | 7.40 | 8.40 | 7.34 | 1.869 times |
| 19 Fri Jul 2024 | 7.13 | 7.30 | 7.32 | 7.05 | 0.467 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.5 as stoploss in an intra day buy trade for a target of 7.1. However, stock will show a bearish move below 6.5.
Share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Target | 6.07 |
| Downside Target | 6.22 |
| Downside Target | 6.63 |
| Downside Target | 6.77 |
| Upside Target | 7.15 |
| Upside Target | 7.81 |
| Upside Target | 8.04 |
| Upside Target | 8.20 |
| Upside Target | 8.65 |
| Upside Target | 8.68 |
| Upside Target | 14.10 |
| Upside Target | 14.92 |
Intraday share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Intraday Target | 6.35 |
| Downside Intraday Target | 5.92 |
| Upside Intraday Target | 7.62 |
| Upside Intraday Target | 8.46 |
| Upside Intraday Target | 7.19 |
Weekly technical analysis of Canopy Growth (CGC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 6.77 | 7.38 | 8.04 | 6.77 | 0.584 times |
| 26 Fri Jul 2024 | 7.30 | 7.40 | 8.65 | 7.15 | 0.923 times |
| 19 Fri Jul 2024 | 7.13 | 6.40 | 8.18 | 6.22 | 2.568 times |
| 12 Fri Jul 2024 | 6.50 | 6.36 | 6.63 | 6.07 | 2.147 times |
| 05 Fri Jul 2024 | 6.34 | 6.32 | 6.85 | 6.30 | 0.645 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 |
| 01 Thu Aug 2024 | 6.77 | 7.60 | 7.81 | 6.77 | 0.055 times |
| 31 Wed Jul 2024 | 7.60 | 6.50 | 8.65 | 6.07 | 1.301 times |
| 28 Fri Jun 2024 | 6.45 | 8.50 | 8.68 | 6.32 | 0.227 times |
| 31 Fri May 2024 | 8.53 | 13.97 | 14.10 | 8.20 | 0.749 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Canopy Growth in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 positive zone. This is a BUY 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 7.65 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Canopy Growth in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 positive zone. This is a BUY 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 7.65 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.