CANOPY GROWTH CORP (CGC) Stock Technical Analysis

USA • Nasdaq • NASDAQ:CGC • CA1380357048

1.1 USD
+0.02 (+1.85%)
At close: Feb 6, 2026
1.11 USD
+0.01 (+0.91%)
After Hours: 2/6/2026, 8:23:18 PM
Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to CGC. CGC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

  • Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
  • 87% of all other stocks performed better in the past year than CGC.
  • CGC is one of the lesser performing stocks in the Pharmaceuticals industry. 63% of 191 stocks in the same industry do better.
  • CGC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
  • In the last month CGC has a been trading in the 1.08 - 1.33 range, which is quite wide. It is currently trading near the lows of this range.
  • CGC has an average volume of 31350700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
  • Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CANOPY GROWTH CORP / CGC Weekly stock chart
CANOPY GROWTH CORP / CGC Daily stock chart
Setup Rating and Analysis

4

CGC has a poor technical rating and the quality of the setup is also not perfect 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

1.01

1.95

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @1.02 from a horizontal line in the daily time frame.

6 important resistance areas can be observed.

  • A resistance zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 1.23 to 1.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.83 from a horizontal line in the weekly time frame.
  • Resistance @1.88 from a horizontal line in the daily time frame.
  • Resistance @1.93 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for CGC is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for CGC is down.
ChartMill Relative Strength13.22NEGATIVECGC has a low relative strength, it was outperformed by 86.78% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of CGC is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of CGC is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of CGC is below a declining SMA(200).
Relative Strength Index/RSI (14)42.41NEUTRALThe RSI value for CGC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests CGC has a negative trend, although the MACD value is rising.
Stochastics (14,3)20.45NEUTRALThe Stochastics value for CGC is a neutral value.
Average True Range in percent/ATR (20)5.39HIGH VOLATILITYThe high ATR as a percentage value for CGC suggests high volalility.
Average Directional Index/ADX (14)7.9NEGATIVEThe low ADX value for CGC suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
CANOPY GROWTH CORP / CGC Daily stock chart

CANOPY GROWTH CORP

NASDAQ:CGC (2/6/2026, 8:23:18 PM)

After market: 1.11 +0.01 (+0.91%)

1.1

+0.02 (+1.85%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.85%
1 Week0.92%
2 Weeks-7.56%
1 Month-14.73%
3 Month-5.98%
6 Month-12%
12 Month-45.54%
2 Year-66.57%
3 Year-95.22%
5 Year-99.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%5.39%
ATR Inc37.06%
Range Today0.06
ADR(20)0.06
ADR(20)%5.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.22
3 months CRS24.67
6 months CRS20.49
Mansfield-2.31
10 Day High1.22
10 Day Low1.08
20 Day High1.33
20 Day Low1.08
52 Week High2.38
52 Week Low0.77
CS1 End1.05
CR1 Start1.12
Volume & EV
DER(3)-2.51%
DER(5)0.11%
Volume11.19M
Volume Incr-3.6%
Vol(5)14.55M
Vol(50)31.35M

CANOPY GROWTH CORP / CGC FAQ

Can you provide the ChartMill technical rating for CANOPY GROWTH CORP?

ChartMill assigns a technical rating of 0 / 10 to CGC.


What is the current trend direction of CANOPY GROWTH CORP (CGC) stock?

The current trend direction for CANOPY GROWTH CORP (CGC) is Bearish.


What is the RSI signal for CGC stock?

CANOPY GROWTH CORP (CGC) has an RSI value of 42.4101. This indicates that the stock is currently neutral.


What is the short term momentum for CANOPY GROWTH CORP (CGC) stock?

The short term momentum for CANOPY GROWTH CORP (CGC) is negative.


What is the buy/sell signal for CGC stock?

The buy/sell signal for CANOPY GROWTH CORP (CGC) is sell as both the short term and long term trends are negative.