Technical Analysis for CGC - Canopy Growth Corp

Grade Last Price % Change Price Change
F 27.42 -1.33% -0.3700
CGC closed down 1.33 percent on Thursday, April 15, 2021, on 44 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Earnings due: May 1
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down
Historical CGC trend table...

Date Alert Name Type % Chg
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Slingshot Bearish Bearish Swing Setup -1.33%
Narrow Range Bar Range Contraction -1.33%
NR7 Range Contraction -1.33%
Lower Bollinger Band Walk Weakness -1.33%
Oversold Stochastic Weakness -1.33%
Lower Bollinger Band Walk Weakness -1.58%
Lower Bollinger Band Touch Weakness -1.58%
Oversold Stochastic Weakness -1.58%
Older End-of-Day Signals for CGC ...

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Canopy Growth Corp Description

Canopy Growth Corporation, together with its subsidiaries, engages in engages in production, distribution, and sale of cannabis for recreational and medical purposes primarily in Canada, the United States, Germany, and the United Kingdom. It operates through two segments, Cannabis, Hemp and Other Consumer Products; and Canopy Rivers. The company's products include dried cannabis flowers, oils and concentrates, softgel capsules, and hemps. It offers its products under the Tweed, Quatreau, Deep Space, Spectrum Therapeutics, First & Free, TWD, This Works, BioSteel, CraftGrow, Tokyo Smoke, DOJA, Van der Pop, and Bean & Bud brands. The company also provides growth capital and a strategic support platform that pursues investment opportunities in the global cannabis sector. Canopy Growth Corporation has a clinical research partnership with NEEKA Health Canada and NHL Alumni Association to examine the efficacy of CBD-based therapies as part of a mitigation of persistent post-concussion symptoms. The company was formerly known as Tweed Marijuana Inc. and changed its name to Canopy Growth Corporation in September 2015. Canopy Growth Corporation is headquartered in Smiths Falls, Canada.


Sector: Healthcare
Industry: Drug Manufacturers—Specialty & Generic
Keywords: Medicine Health Cannabis Entheogens Euphoriants Partnership Medicinal Plants Hemp Herbs Medical Cannabis Herbalism Canopy Growth Flowers Clinical Research Canopy Growth Corporation Health Canada Ftg Nhl Smiths Tokyo Smoke Tweed Concussion Softgel

Is CGC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength


Indicator Value
52 Week High 56.4965
52 Week Low 15.59
Average Volume 5,837,314
200-Day Moving Average 0.0000
50-Day Moving Average 34.8306
20-Day Moving Average 30.8835
10-Day Moving Average 29.2930
Average True Range 1.7683
ADX 24.44
+DI 12.7311
-DI 29.9743
Chandelier Exit (Long, 3 ATRs ) 30.6951
Chandelier Exit (Short, 3 ATRs ) 32.2349
Upper Bollinger Band 35.0878
Lower Bollinger Band 26.6792
Percent B (%b) 0.09
BandWidth 27.2268
MACD Line -1.6212
MACD Signal Line -1.2642
MACD Histogram -0.357
Fundamentals Value
Market Cap 10.21 Billion
Num Shares 372 Million
EPS -1.79
Price-to-Earnings (P/E) Ratio -15.28
Price-to-Sales 27.85
Price-to-Book 2.80
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.2650
Resistance 3 (R3) 29.3800 28.8800 28.9575
Resistance 2 (R2) 28.8800 28.4101 28.8225 28.8549
Resistance 1 (R1) 28.1500 28.1199 27.9000 28.0350 28.7525
Pivot Point 27.6500 27.6500 27.5250 27.5925 27.6500
Support 1 (S1) 26.9200 27.1801 26.6700 26.8050 26.0875
Support 2 (S2) 26.4200 26.8899 26.3625 25.9851
Support 3 (S3) 25.6900 26.4200 25.8825
Support 4 (S4) 25.5750