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Canopy Growth (CGC)
NASDAQ:CGC

Canopy Growth (CGC) Technical Analysis

10,412 Followers

Technical Sentiment

Overall Consensus
Strong Buy
16Bullish
6Neutral
0Bearish
Technical Analysis Consensus
Buy
4Bullish
6Neutral
0Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Canopy Growth’s (CGC) Moving Averages Convergence Divergence (MACD) indicator is 0.59, suggesting Canopy Growth is a Buy.
Canopy Growth’s (CGC) 20-Day exponential moving average is 9.53, while Canopy Growth’s (CGC) share price is $11, making it a Buy.
Canopy Growth’s (CGC) 50-Day exponential moving average is 8.19, while Canopy Growth’s (CGC) share price is $11, making it a Buy.

Canopy Growth (CGC) Pivot Points

May 17, 2024, 05:39 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
8.90
9.19
9.55
9.84
10.20
10.49
10.85
Fibonacci
9.19
9.44
9.59
9.84
10.09
10.24
10.49
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 17, 2024, 05:39 AM
Period
Simple
Exponential
MA5
9.81Buy
10.11Buy
MA10
9.74Buy
9.90Buy
MA20
9.69Buy
9.53Buy
MA50
7.79Buy
8.19Buy
MA100
6.03Buy
7.05Buy
MA200
6.20Buy
6.69Buy
Canopy Growth’s (CGC) 10-Day exponential moving average is 9.90, while Canopy Growth’s (CGC) share price is $11, making it a Buy.
Canopy Growth’s (CGC) 100-Day exponential moving average is 7.05, while Canopy Growth’s (CGC) share price is $11, making it a Buy.
Canopy Growth’s (CGC) stock price is $11 and Canopy Growth’s (CGC) 50-day simple moving average is 7.79, creating a Buy signal.
Canopy Growth’s (CGC) stock price is $11 and Canopy Growth’s (CGC) 100-day simple moving average is 6.03, creating a Buy signal.
Canopy Growth’s (CGC) stock price is $11 and Canopy Growth’s (CGC) 200-day simple moving average is 6.20, creating a Buy signal.

Canopy Growth (CGC) Technical Indicators

May 17, 2024, 05:39 AM
Name
Value
Implied Action
RSI (14)
58.39
Neutral
STOCH (9,6)
46.12
Neutral
STOCHRSI (14)
30.84
Neutral
MACD (12,26)
0.59
Buy
ADX (14)
43.75
Neutral
Williams %R
-57.48
Buy
CCI (14)
86.52
Neutral
ATR (14)
1.53
-
Ultimate Oscillator
48.38
Neutral
ROC
23.46
Buy
Canopy Growth’s (CGC) Relative Strength Index (RSI) is 58.39, creating a Neutral signal.
Canopy Growth’s (CGC) Trend Strength Indicator (ADX) is 43.75, creating a Neutral signal.
Canopy Growth’s (CGC) Commodity Channel Index (CCI) is 86.52, creating a Neutral signal.
Canopy Growth’s (CGC) Price Rate of Change (ROC) is 23.46, creating a Buy signal.

FAQ

Is CGC a Buy, Hold, or Sell?
Based on CGC’s technical indicators, CGC is a Strong Buy.
    What is CGC’s RSI (14)?
    CGC’s RSI (14) is 58.39, which suggests CGC is a Neutral.
      What is CGC’s MACD?
      CGC’s MACD is 0.59, which suggests CGC is a Buy.
        What is CGC’s 5-day moving average?
        CGC’s 5-day moving average is 9.81, which suggests CGC is a Buy.
          What is CGC’s 20-day moving average?
          CGC 20-day moving average is 9.69, which suggests CGC is a Buy.
            What is CGC’s 50-day moving average?
            CGC’s 50-day moving average is 7.79, which suggests CGC is a Buy.
              What is CGC’s 200-day moving average?
              CGC’s 200-day moving average is 6.20, which suggests CGC is a Buy.
                What is CGC’s Williams % R (14)?
                CGC’s Williams % R (14) is -57.48, which suggests CGC is a Buy.
                  What is CGC’s CCI (14)?
                  CGC’s CCI (14) is 86.52, which suggests CGC is a Neutral.
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