Canada - Toronto Stock Exchange - TSX:WEED-DB - CA138035AC47
Taking everything into account, WEED-DB scores 4 out of 10 in our technical rating. WEED-DB has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
WEED-DB 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.
89.10
When analyzing the resistance we notice one important area.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for WEED-DB.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WEED-DB.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | WEED-DB.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WEED-DB.CA is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 66.15 | NEUTRAL | The RSI value for WEED-DB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 5.32 | POSITIVE | The MACD value suggests WEED-DB.CA has a positive trend. |
| Stochastics (14,3) | 96.08 | OVERBOUGHT | The high Stochastics value suggests WEED-DB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 8.11 | HIGH VOLATILITY | The high ATR as a percentage value for WEED-DB.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.07 | POSITIVE | The high ADX value value for WEED-DB.CA suggests a strong trend. |
TSX:WEED-DB (9/2/2025, 7:00:00 PM)
90
-8 (-8.16%)
ChartMill assigns a technical rating of 4 / 10 to WEED-DB.CA.
The current trend direction for CANOPY GROWTH CORP (WEED-DB.CA) is Bullish.
CANOPY GROWTH CORP (WEED-DB.CA) has an RSI value of 66.1473. This indicates that the stock is currently neutral.
The MACD indicator for CANOPY GROWTH CORP (WEED-DB.CA) has a value of 5.31721, indicating a bullish trend.
The buy/sell signal for CANOPY GROWTH CORP (WEED-DB.CA) is buy as both the short term and long term trends are positive.