CANOPY GROWTH CORP (WEED.CA) Technical Analysis
TSX:WEED • CA1380357048
Overall WEED gets a technical rating of 0 out of 10. WEED'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.
- When comparing the yearly performance of all stocks, WEED is a bad performer in the overall market: 94% of all stocks are doing better.
- WEED is part of the Pharmaceuticals industry. There are 34 other stocks in this industry, of which 72% are performing better than WEED.
- WEED 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 WEED is lagging the market.
- In the last month WEED has a been trading in the 1.40 - 1.66 range, which is quite wide. It is currently trading near the lows of this range.
- WEED has an average volume of 2088410 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.
WEED 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.
More info and screens
1.39
We found 1 important support area.
- A support zone ranging from 1.40 to 1.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.45 to 1.47. 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 1.57 to 1.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.35 from a trend line in the weekly time frame.
- Resistance @2.58 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for WEED.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WEED.CA is down. |
| ChartMill Relative Strength | 6.33 | NEGATIVE | WEED.CA has a low relative strength, it was outperformed by 93.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WEED.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WEED.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WEED.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.58 | NEUTRAL | The RSI value for WEED.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests WEED.CA has a negative trend. |
| Stochastics (14,3) | 10.47 | OVERSOLD | The low Stochastics value suggests WEED.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.57 | MEDIUM VOLATILITY | The ATR as a percentage value for WEED.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12 | NEGATIVE | The low ADX value for WEED.CA suggests a weak or negative trend. |
WEED.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:WEED (3/13/2026, 7:00:00 PM)
1.41
0 (0%)
CANOPY GROWTH CORP / WEED.CA FAQ
Can you provide the ChartMill technical rating for CANOPY GROWTH CORP?
ChartMill assigns a technical rating of 0 / 10 to WEED.CA.
Can you provide the trend direction for CANOPY GROWTH CORP?
The current trend direction for CANOPY GROWTH CORP (WEED.CA) is Bearish.
What is the RSI signal for CANOPY GROWTH CORP (WEED.CA) stock?
CANOPY GROWTH CORP (WEED.CA) has an RSI value of 37.5781. This indicates that the stock is currently neutral.
What is the MACD signal for WEED stock?
The MACD indicator for CANOPY GROWTH CORP (WEED.CA) has a value of -0.00715734, indicating a bearish trend.
What is the buy/sell signal for WEED stock?
The buy/sell signal for CANOPY GROWTH CORP (WEED.CA) is sell as both the short term and long term trends are negative.