tiprankstipranks
Canopy Growth (CGC)
NASDAQ:CGC

Canopy Growth (CGC) Technical Analysis

10,392 Followers

Technical Sentiment

Overall Consensus
Buy
10Bullish
5Neutral
7Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Neutral
6Bullish
0Neutral
6Bearish
Canopy Growth’s (CGC) Moving Averages Convergence Divergence (MACD) indicator is 0.63, suggesting Canopy Growth is a Buy.
Canopy Growth’s (CGC) 20-Day exponential moving average is 9.27, while Canopy Growth’s (CGC) share price is $9.05, making it a Sell.
Canopy Growth’s (CGC) 50-Day exponential moving average is 7.87, while Canopy Growth’s (CGC) share price is $9.05, making it a Buy.

Canopy Growth (CGC) Pivot Points

May 11, 2024, 11:33 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
7.60
8.18
9.02
9.60
10.44
11.02
11.86
Fibonacci
8.18
8.72
9.06
9.60
10.14
10.48
11.02
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Canopy Growth (CGC) Moving Averages

May 11, 2024, 11:33 AM
Period
Simple
Exponential
MA5
9.43Sell
9.51Sell
MA10
10.24Sell
9.62Sell
MA20
9.09Sell
9.27Sell
MA50
7.23Buy
7.87Buy
MA100
5.82Buy
6.81Buy
MA200
6.10Buy
6.58Buy
Canopy Growth’s (CGC) 10-Day exponential moving average is 9.62, while Canopy Growth’s (CGC) share price is $9.05, making it a Sell.
Canopy Growth’s (CGC) 100-Day exponential moving average is 6.81, while Canopy Growth’s (CGC) share price is $9.05, making it a Buy.
Canopy Growth’s (CGC) stock price is $9.05 and Canopy Growth’s (CGC) 50-day simple moving average is 7.23, creating a Buy signal.
Canopy Growth’s (CGC) stock price is $9.05 and Canopy Growth’s (CGC) 100-day simple moving average is 5.82, creating a Buy signal.
Canopy Growth’s (CGC) stock price is $9.05 and Canopy Growth’s (CGC) 200-day simple moving average is 6.10, creating a Buy signal.

Canopy Growth (CGC) Technical Indicators

May 11, 2024, 11:33 AM
Name
Value
Implied Action
RSI (14)
50.59
Neutral
STOCH (9,6)
17.66
Buy
STOCHRSI (14)
23.59
Neutral
MACD (12,26)
0.63
Buy
ADX (14)
42.25
Neutral
Williams %R
-80.97
Buy
CCI (14)
11.64
Neutral
ATR (14)
1.62
-
Ultimate Oscillator
33.24
Neutral
ROC
15.29
Buy
Canopy Growth’s (CGC) Relative Strength Index (RSI) is 50.59, creating a Neutral signal.
Canopy Growth’s (CGC) Trend Strength Indicator (ADX) is 42.25, creating a Neutral signal.
Canopy Growth’s (CGC) Commodity Channel Index (CCI) is 11.64, creating a Neutral signal.
Canopy Growth’s (CGC) Price Rate of Change (ROC) is 15.29, creating a Buy signal.

FAQ

Is CGC a Buy, Hold, or Sell?
Based on CGC’s technical indicators, CGC is a Buy.
    What is CGC’s RSI (14)?
    CGC’s RSI (14) is 50.59, which suggests CGC is a Neutral.
      What is CGC’s MACD?
      CGC’s MACD is 0.63, which suggests CGC is a Buy.
        What is CGC’s 5-day moving average?
        CGC’s 5-day moving average is 9.43, which suggests CGC is a Sell.
          What is CGC’s 20-day moving average?
          CGC 20-day moving average is 9.09, which suggests CGC is a Sell.
            What is CGC’s 50-day moving average?
            CGC’s 50-day moving average is 7.23, which suggests CGC is a Buy.
              What is CGC’s 200-day moving average?
              CGC’s 200-day moving average is 6.10, which suggests CGC is a Buy.
                What is CGC’s Williams % R (14)?
                CGC’s Williams % R (14) is -80.97, which suggests CGC is a Buy.
                  What is CGC’s CCI (14)?
                  CGC’s CCI (14) is 11.64, which suggests CGC is a Neutral.
                    What's Included in PREMIUM?
                    Make informed decisions based on Top Analysts' activity
                    Know what industry insiders are buying
                    Get actionable alerts from top Wall Street Analysts
                    Find out before anyone else which stock is going to shoot up
                    Get powerful stock screeners & detailed portfolio analysis