(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 22519380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 10.34 | 11.30 | 12.97 | 10.15 | 1.319 times |
| 01 Wed May 2024 | 11.44 | 13.97 | 14.10 | 10.21 | 2.454 times |
| 30 Tue Apr 2024 | 14.88 | 8.20 | 14.92 | 8.13 | 3.711 times |
| 29 Mon Apr 2024 | 8.32 | 9.00 | 9.60 | 8.10 | 0.45 times |
| 26 Fri Apr 2024 | 8.91 | 8.80 | 10.24 | 8.71 | 0.73 times |
| 25 Thu Apr 2024 | 8.70 | 8.81 | 9.10 | 8.64 | 0.188 times |
| 24 Wed Apr 2024 | 8.97 | 8.73 | 9.32 | 8.63 | 0.331 times |
| 23 Tue Apr 2024 | 9.03 | 7.74 | 9.15 | 7.67 | 0.534 times |
| 22 Mon Apr 2024 | 7.85 | 8.22 | 8.36 | 7.63 | 0.297 times |
| 19 Fri Apr 2024 | 7.93 | 7.45 | 8.33 | 7.45 | 0.558 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 10.8 as stoploss in an intra day sell trade for a target of 8.95. However, stock will show a bullish move above 10.8.
Share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Target | 2.76 |
| Downside Target | 3.21 |
| Downside Target | 4.26 |
| Downside Target | 5.26 |
| Downside Target | 6.09 |
| Downside Target | 7.25 |
| Downside Target | 7.58 |
| Downside Target | 8.10 |
| Downside Target | 8.33 |
| Downside Target | 10.13 |
| Upside Target | 10.85 |
| Upside Target | 11.57 |
| Upside Target | 14.10 |
| Upside Target | 14.92 |
Intraday share price targets for Canopy Growth (CGC)
| Target Type | Value |
| Downside Intraday Target | 7.32 |
| Downside Intraday Target | 4.3 |
| Upside Intraday Target | 14.14 |
| Upside Intraday Target | 17.94 |
| Upside Intraday Target | 11.12 |
Weekly technical analysis of Canopy Growth (CGC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 10.34 | 9.00 | 14.92 | 8.10 | 3.814 times |
| 26 Fri Apr 2024 | 8.91 | 8.22 | 10.24 | 7.63 | 0.935 times |
| 19 Fri Apr 2024 | 7.93 | 7.53 | 8.33 | 6.09 | 0.827 times |
| 12 Fri Apr 2024 | 7.80 | 9.95 | 10.85 | 7.58 | 0.372 times |
| 05 Fri Apr 2024 | 10.18 | 8.22 | 11.57 | 7.25 | 0.814 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Canopy Growth (CGC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 10.34 | 13.97 | 14.10 | 10.15 | 0.205 times |
| 30 Tue Apr 2024 | 14.88 | 8.22 | 14.92 | 6.09 | 1.176 times |
| 28 Thu Mar 2024 | 8.63 | 3.32 | 10.13 | 2.76 | 5.126 times |
| 29 Thu Feb 2024 | 3.29 | 4.70 | 5.27 | 3.21 | 1.271 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 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 short 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Canopy Growth stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Canopy Growth in short term and the buy signal is strong.
Canopy Growth Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 11.67 and Canopy Growth (CGC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 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 short 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Canopy Growth stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Canopy Growth in short term and the buy signal is strong.
Canopy Growth Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 11.67 and Canopy Growth (CGC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.