CANOPY GROWTH CORP (WEED-DB.CA) Stock Technical Analysis
TSX:WEED-DB • CA138035AC47
Taking everything into account, WEED-DB scores 4 out of 10 in our technical rating. In the last year, WEED-DB was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, WEED-DB is a bad performer in the overall market: 100% of all stocks are doing better.
- WEED-DB is one of the lesser performing stocks in the Pharmaceuticals industry. 100% of 33 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month WEED-DB has a been trading in the 25.00 - 98.00 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
89.10
We found 1 important resistance area.
- A resistance zone ranging from 98.00 to 98.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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%)
CANOPY GROWTH CORP / WEED-DB.CA FAQ
What is the ChartMill technical rating of CANOPY GROWTH CORP (WEED-DB.CA) stock?
ChartMill assigns a technical rating of 4 / 10 to WEED-DB.CA.
What is the trend direction for WEED-DB stock?
The current trend direction for CANOPY GROWTH CORP (WEED-DB.CA) is Bullish.
Can you provide the RSI signal for CANOPY GROWTH CORP?
CANOPY GROWTH CORP (WEED-DB.CA) has an RSI value of 66.1473. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CANOPY GROWTH CORP?
The short term momentum for CANOPY GROWTH CORP (WEED-DB.CA) is positive.
Can you provide the buy/sell signal for CANOPY GROWTH CORP?
The buy/sell signal for CANOPY GROWTH CORP (WEED-DB.CA) is buy as both the short term and long term trends are positive.