CANOPY GROWTH CORP (CGC)

CA1380357048 - Common Stock

8.97  -0.06 (-0.66%)

After market: 8.89 -0.08 (-0.89%)

Technical Rating and Analysis

9

Overall CGC gets a technical rating of 9 out of 10. Both in the recent history as in the last year, CGC has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
CGC is part of the Pharmaceuticals industry. There are 198 other stocks in this industry. CGC outperforms 83% of them.
CGC has an average volume of 13775300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CGC did better than 90% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
CGC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CGC is lagging the market slightly.
In the last month CGC has a been trading in the 6.09 - 11.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CGC Weekly chart
CGC Daily chart
Setup Rating and Analysis

5

CGC has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

7.23

10.35

We found 1 important support area.

  • Support @7.30 from a trend line in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • Resistance @9.04 from a horizontal line in the daily time frame.
  • Resistance @9.25 from a trend line in the weekly time frame.
  • Resistance @9.84 from a trend line in the weekly time frame.
  • A resistance zone ranging from 10.19 to 10.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.66
Mansfield2.95
10 Day High9.32
10 Day Low6.09
20 Day High11.57
20 Day Low6.09
52 Week High19.2
52 Week Low2.76
Performance
1 Week38.21%
2 Weeks-1.64%
1 Month24.07%
3 Month96.71%
6 Month77.03%
12 Month-31%
2 Year-84.29%
3 Year-96.67%
5 Year-98.22%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.12
RSI(14)59.5
LBB6.06
UBB10.56
CGC Daily chart

CANOPY GROWTH CORP

NASDAQ:CGC (4/24/2024, 7:00:00 PM)

After market: 8.89 -0.08 (-0.89%)

8.97

-0.06 (-0.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.66%
1 Week38.21%
2 Weeks-1.64%
1 Month24.07%
3 Month96.71%
6 Month77.03%
12 Month-31%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.11
ATR(20)%15.44%
ATR Inc
Range Today0.68
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.32
10 Day Low6.09
20 Day High11.57
20 Day Low6.09
52 Week High19.2
52 Week Low2.76
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.45M
Volume Incr-58.87%
Vol(5)11.11M
Vol(50)13.78M