(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.
10 day averaged volume of Canopy Growth is 4782130
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon Jan 2025 | 2.09 | 2.20 | 2.21 | 1.99 | 1.747 times |
| 24 Fri Jan 2025 | 2.22 | 2.22 | 2.27 | 2.20 | 0.891 times |
| 23 Thu Jan 2025 | 2.20 | 2.22 | 2.23 | 2.17 | 0.65 times |
| 22 Wed Jan 2025 | 2.23 | 2.23 | 2.27 | 2.18 | 1.12 times |
| 21 Tue Jan 2025 | 2.23 | 2.20 | 2.25 | 2.18 | 0.731 times |
| 17 Fri Jan 2025 | 2.18 | 2.28 | 2.29 | 2.16 | 1.039 times |
| 17 Fri Jan 2025 | 2.18 | 2.28 | 2.29 | 2.16 | 1.039 times |
| 16 Thu Jan 2025 | 2.25 | 2.23 | 2.27 | 2.15 | 0.725 times |
| 15 Wed Jan 2025 | 2.21 | 2.26 | 2.31 | 2.19 | 1.335 times |
| 14 Tue Jan 2025 | 2.22 | 2.40 | 2.41 | 2.19 | 1.628 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.2, but if it comes above 2.2, then a intra day buy could be more profitable.
If you take a sell trade below 2.2, then use 2.2 as stoploss and 1.8 as target. However if you take a buy trade in stock , then use 2.2 as stoploss and 2.46 as target.
Share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Target | 1.99 |
| Upside Target | 2.15 |
| Upside Target | 2.27 |
| Upside Target | 2.38 |
| Upside Target | 2.46 |
| Upside Target | 2.65 |
| Upside Target | 2.84 |
| Upside Target | 3.07 |
| Upside Target | 3.63 |
| Upside Target | 3.82 |
| Upside Target | 3.85 |
| Upside Target | 4.35 |
| Upside Target | 5.47 |
| Upside Target | 5.72 |
| Upside Target | 5.80 |
Intraday share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Intraday Target | 1.98 |
| Downside Intraday Target | 1.88 |
| Upside Intraday Target | 2.2 |
| Upside Intraday Target | 2.32 |
| Upside Intraday Target | 2.1 |
Weekly technical analysis of Canopy Growth (CGC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon Jan 2025 | 2.09 | 2.20 | 2.21 | 1.99 | 0.515 times |
| 24 Fri Jan 2025 | 2.22 | 2.20 | 2.27 | 2.17 | 3.264 times |
| 17 Fri Jan 2025 | 2.18 | 2.28 | 2.29 | 2.16 | 0.187 times |
| 17 Fri Jan 2025 | 2.18 | 2.45 | 2.46 | 2.15 | 1.858 times |
| 10 Fri Jan 2025 | 2.45 | 2.84 | 2.84 | 2.38 | 0.827 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 |
| 27 Mon Jan 2025 | 2.09 | 2.84 | 3.07 | 1.99 | 1.278 times |
| 31 Tue Dec 2024 | 2.74 | 3.67 | 3.82 | 2.65 | 0.622 times |
| 26 Tue Nov 2024 | 3.94 | 4.70 | 5.80 | 3.63 | 0.977 times |
| 31 Thu Oct 2024 | 4.59 | 4.81 | 5.72 | 3.85 | 2.004 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 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 BUY signal for Canopy Growth in short term but the buy signal is initial and weak.
Canopy Growth Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Canopy Growth is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.19 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 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 BUY signal for Canopy Growth in short term but the buy signal is initial and weak.
Canopy Growth Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Canopy Growth is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.19 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.