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Canopy Growth (TSE:WEED)
TSX:WEED

Canopy Growth (WEED) Technical Analysis

1,907 Followers

Summary of all the Indicators

Overall Consensus
Sell
7Bullish
5Neutral
10Bearish
Technical Analysis Consensus
Sell
2Bullish
5Neutral
3Bearish
Moving Average Consensus
Sell
5Bullish
0Neutral
7Bearish
Canopy Growth’s (WEED) Moving Averages Convergence Divergence (MACD) indicator is -0.58, suggesting Canopy Growth is a Sell.
Canopy Growth’s (WEED) 20-Day exponential moving average is 9.22, while Canopy Growth’s (WEED) share price is C$9.74, making it a Sell.
Canopy Growth’s (WEED) 50-Day exponential moving average is 10.00, while Canopy Growth’s (WEED) share price is C$9.74, making it a Sell.

Canopy Growth (WEED) Pivot Points

Jul 21, 2024, 07:49 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
8.43
8.53
8.68
8.77
8.92
9.02
9.17
Fibonacci
8.53
8.62
8.68
8.77
8.87
8.93
9.02
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 (WEED) Moving Averages

Jul 21, 2024, 07:49 PM
Period
Simple
Exponential
MA5
8.67Buy
8.76Buy
MA10
8.73Buy
8.84Buy
MA20
9.13Sell
9.22Sell
MA50
10.96Sell
10.00Sell
MA100
9.80Sell
9.80Sell
MA200
8.63Buy
9.05Sell
Canopy Growth’s (WEED) 10-Day exponential moving average is 8.84, while Canopy Growth’s (WEED) share price is C$9.74, making it a Buy.
Canopy Growth’s (WEED) 100-Day exponential moving average is 9.80, while Canopy Growth’s (WEED) share price is C$9.74, making it a Sell.
Canopy Growth’s (WEED) stock price is C$9.74 and Canopy Growth’s (WEED) 50-day simple moving average is 10.96, creating a Sell signal.
Canopy Growth’s (WEED) stock price is C$9.74 and Canopy Growth’s (WEED) 100-day simple moving average is 9.80, creating a Sell signal.
Canopy Growth’s (WEED) stock price is C$9.74 and Canopy Growth’s (WEED) 200-day simple moving average is 8.63, creating a Buy signal.

Canopy Growth (WEED) Technical Indicators

Jul 21, 2024, 07:49 PM
Name
Value
Implied Action
RSI (14)
40.65
Neutral
STOCH (9,6)
46.01
Neutral
STOCHRSI (14)
33.31
Neutral
MACD (12,26)
-0.58
Sell
ADX (14)
17.00
Buy
Williams %R
-59.59
Buy
CCI (14)
-40.12
Neutral
ATR (14)
0.55
-
Ultimate Oscillator
44.72
Neutral
ROC
-5.54
Sell
Canopy Growth’s (WEED) Relative Strength Index (RSI) is 40.65, creating a Neutral signal.
Canopy Growth’s (WEED) Trend Strength Indicator (ADX) is 17.00, creating a Buy signal.
Canopy Growth’s (WEED) Commodity Channel Index (CCI) is -40.12, creating a Neutral signal.
Canopy Growth’s (WEED) Price Rate of Change (ROC) is -5.54, creating a Sell signal.

FAQ

Is WEED a Buy, Hold, or Sell?
Based on WEED’s technical indicators, WEED is a Sell.
    What is WEED’s RSI (14)?
    WEED’s RSI (14) is 40.65, which suggests WEED is a Neutral.
      What is WEED’s MACD?
      WEED’s MACD is -0.58, which suggests WEED is a Sell.
        What is WEED’s 5-day moving average?
        WEED’s 5-day moving average is 8.67, which suggests WEED is a Buy.
          What is WEED’s 20-day moving average?
          WEED 20-day moving average is 9.13, which suggests WEED is a Sell.
            What is WEED’s 50-day moving average?
            WEED’s 50-day moving average is 10.96, which suggests WEED is a Sell.
              What is WEED’s 200-day moving average?
              WEED’s 200-day moving average is 8.63, which suggests WEED is a Buy.
                What is WEED’s Williams % R (14)?
                WEED’s Williams % R (14) is -59.59, which suggests WEED is a Buy.
                  What is WEED’s CCI (14)?
                  WEED’s CCI (14) is -40.12, which suggests WEED is a Neutral.
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