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Canopy Growth (CGC) Technical (Analysis) Reports Canopy Growth ["Technical Analysis"] Reports -USA Stock Exchange MunafaSutra.com

Complete & easy to understand technical analysis of Canopy Growth (CGC)

Technical Analysis Report for USA stock CGC Canopy Growth. Dated: 08 Jan 2025 Updated Daily. Stock trades under Consumer Durables Deals in Specialty Chemicals in USA stock exchange

If you are looking for Tomorrow's Movement Predictions for USA stock CGC Canopy Growth then click here. or read Experts views on Canopy Growth or Forecast & share price targets of Canopy Growth

Canopy Growth Opened at 2.84 and Closed at: 2.66, which is -7.89% of previous session's close. It moved within a range of 2.60 and 2.84
The session was a Bearish session with an average volume of 6632900, which is 37.05% of previous session's volumes.

• The stock has fallen, and its short term trend is also negative and in a downtrend.
• The stock has fallen, and its mid term trend is also negative and in a downtrend.

Support for tomorrow is 2.51 and resistance for tomorrow is 2.75
These support and resistance points are valid for the first 5-15 minutes charts

Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.

Support for tomorrow's hourly charts is 2.56, 2.46 resistance for tomorrow's hourly charts is 2.8, 2.94

10 Day SMA for Canopy Growth (CGC) is 2.82 and stock is trading below these levels. This is not a good sign for its short term trend

20 Day SMA for Canopy Growth (CGC) is 2.93 and the stock is trading below these levels. This is not a good sign for its mid term trend

50 Day SMA for Canopy Growth (CGC) is 3.82 and the stock is trading below these levels. This is not a good sign for its mid to long term trend

100 Day SMA is 4.44 and the stock is trading below these levels. This is not a good sign for its long term trend

200 Day SMA Canopy Growth is 6.19 and stock is trading below these levels. This is not a good sign for its long term trend

20 DMA of Canopy Growth is at 2.93 and 200 DMA is at 6.19, while 50 DMA and 100 DMA are at 3.82 and 4.44 respectively

Canopy Growth (CGC) moving average of 20 SMA is at 2.93 and 20 EMA is at 3.02

Canopy Growth (CGC) moving average of 50 SMA is at 3.82 and 50 EMA is at 3.61

Canopy Growth (CGC) moving average of 100 SMA is at 4.44 and 100 EMA is at 4.32

Canopy Growth (CGC) moving average of 200 SMA is at 6.19 and 200 EMA is at 4.71

Watsco Inc has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Watsco Inc, about 13.72% more returns!

Usana Health has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Usana Health, about 14.31% more returns!

Sonic Automotive has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Sonic Automotive, about 19.74% more returns!

Packaging Corporation has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Packaging Corporation, about 19.49% more returns!

Nacco Industries has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Nacco Industries, about 25.74% more returns!

Kar Auction has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Kar Auction, about 21.96% more returns!

Hillenbrand Inc has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Hillenbrand Inc, about 16.81% more returns!

Carvana Co has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Carvana Co, about 6.85% more returns!

Viomi Technology has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Viomi Technology, about 18.43% more returns!

Sleep Number has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Sleep Number, about 0.02% more returns!

Nova Lifestyle has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Nova Lifestyle, about 64.86% more returns!

Napco Security has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Napco Security, about 14.5% more returns!

Inseego Corp has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Inseego Corp, about 29.69% more returns!

Dogness International has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Dogness International, about 18.18% more returns!

Central Garden has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Central Garden, about 11.42% more returns!

Chromadex Corporation has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Chromadex Corporation, about 4.78% more returns!

Blink Charging has performed better than Canopy Growth in short term. You could have earned much better returns by investing in Blink Charging, about 18.27% more returns!

American Superconductor has performed better than Canopy Growth in short term. You could have earned much better returns by investing in American Superconductor, about 24.04% more returns!

Canopy Growth Technical analysis of indicators

Price action analysis of Canopy Growth (CGC) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Canopy Growth stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Canopy Growth in short term but the buy signal is initial and weak.

Canopy Growth Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Canopy Growth in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Canopy Growth is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.82 and Canopy Growth CGC stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Canopy Growth CGC stock. Volume based technical analysis of Canopy Growth CGC stock is negative.

Canopy Growth Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Tomorrow's Predictions

You should also read Tomorrow's Movement Predictions for USA stock CGC Canopy Growth These predictions are based on various factors, are easy to understand, and upto 75% accurate!

And CGC Experts View which covers a lot of information including buying and selling signals

CGC future forecast & share price targets

You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Canopy Growth or View Candle Stick Charts here