CANOPY GROWTH CORP (WEED.CA) Technical Analysis
TSX:WEED • CA1380357048
Current stock price
WEED.CA Technical Rating and Analysis
Overall WEED gets a technical rating of 0 out of 10. WEED scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, WEED is a bad performer in the overall market: 90% of all stocks are doing better.
- WEED is part of the Pharmaceuticals industry. There are 33 other stocks in this industry, of which 68% are performing better than WEED.
- WEED is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index 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 1.23 - 1.52 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- WEED has an average volume of 1787570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
WEED.CA Weekly and Daily overview Charts
WEED.CA Setup Rating and Analysis
The technical rating of WEED is bad and it also does not present a quality setup 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
WEED.CA Support and Resistance Analysis
1.22
4 important resistance areas can be observed.
- Resistance @1.32 from a trend line in the daily time frame.
- A resistance zone ranging from 1.40 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.34 from a trend line in the weekly time frame.
- Resistance @2.58 from a horizontal line in the daily time frame.
WEED.CA 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.
| 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 | 10.05 | NEGATIVE | WEED.CA has a low relative strength, it was outperformed by 89.95% 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) | 31.96 | 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) | 21.79 | NEUTRAL | The Stochastics value for WEED.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.77 | HIGH VOLATILITY | The high ATR as a percentage value for WEED.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 20.1 | NEUTRAL | The ADX value for WEED.CA suggests a possible start of a new trend. |
WEED.CA Chart- and CandleStick Pattern Analysis
WEED.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:WEED (3/27/2026, 7:00:00 PM)
1.23
-0.05 (-3.91%)
CANOPY GROWTH CORP / WEED.CA TA 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 31.9563. 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 -0.0128681, 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.