CANOPY GROWTH CORP (CGC) Stock Technical Analysis
NASDAQ:CGC - Nasdaq - CA1380357048 - Common Stock - Currency: USD
Taking everything into account, CGC scores 4 out of 10 in our technical rating. In the past year, CGC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, CGC is a bad performer in the overall market: 91% of all stocks are doing better.
CGC is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, of which 63% are performing better than CGC.
CGC is currently trading in the lower part 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.
In the last month CGC has a been trading in the 1.17 - 1.78 range, which is quite wide. It is currently trading near the high of this range.
CGC has an average volume of 6810240 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CGC has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.74
1.84
When analyzing the support we notice one important area.
- A support zone ranging from 1.76 to 1.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.95
Mansfield-5.59
10 Day High1.78
10 Day Low1.26
20 Day High1.78
20 Day Low1.17
52 Week High10.04
52 Week Low0.77
Performance
1 Week22.07%
2 Weeks38.28%
1 Month50%
3 Month8.59%
6 Month-54.62%
12 Month-80.72%
2 Year-78.8%
3 Year-96.44%
5 Year-98.98%
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)0.04
RSI(14)69.57
LBB1.12
UBB1.73
NASDAQ:CGC (5/21/2025, 2:56:50 PM)
1.82
+0.05 (+2.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.82%
1 Week22.07%
2 Weeks38.28%
1 Month50%
3 Month8.59%
6 Month-54.62%
12 Month-80.72%
2 Year-78.8%
3 Year-96.44%
5 Year-98.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%8.26%
ATR Inc12.79%
Range Today0.26
ADR(20)0.14
ADR(20)%7.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.95
Mansfield-5.59
10 Day High1.78
10 Day Low1.26
20 Day High1.78
20 Day Low1.17
52 Week High10.04
52 Week Low0.77
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)5.95%
DER(5)4.55%
Volume11.35M
Volume Incr-4.69%
Vol(5)7.61M
Vol(50)6.81M