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Canopy Growth (TSE:WEED)
:WEED
Canadian Market
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Canopy Growth Corporation (WEED) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Sell
6Bullish
2Neutral
14Bearish
Technical Analysis Consensus
Buy
6Bullish
2Neutral
2Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
Canopy Growth’s (WEED) Moving Averages Convergence Divergence (MACD) indicator is -0.43, suggesting Canopy Growth is a Buy.
Canopy Growth’s (WEED) 20-Day exponential moving average is 3.82, while Canopy Growth’s (WEED) share price is C$3.22, making it a Sell.
Canopy Growth’s (WEED) 50-Day exponential moving average is 4.61, while Canopy Growth’s (WEED) share price is C$3.22, making it a Sell.

Canopy Growth Corporation (WEED) Pivot Points

Jan 19, 2025, 11:51 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
2.95
3.02
3.12
3.19
3.29
3.36
3.46
Fibonacci
3.02
3.08
3.13
3.19
3.25
3.30
3.36
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 Corporation (WEED) Moving Averages

Jan 19, 2025, 11:51 AM
Period
Simple
Exponential
MA5
3.24Sell
3.29Sell
MA10
3.57Sell
3.49Sell
MA20
3.81Sell
3.82Sell
MA50
4.68Sell
4.61Sell
MA100
5.60Sell
5.59Sell
MA200
8.22Sell
6.96Sell
Canopy Growth’s (WEED) 10-Day exponential moving average is 3.49, while Canopy Growth’s (WEED) share price is C$3.22, making it a Sell.
Canopy Growth’s (WEED) 100-Day exponential moving average is 5.59, while Canopy Growth’s (WEED) share price is C$3.22, making it a Sell.
Canopy Growth’s (WEED) stock price is C$3.22 and Canopy Growth’s (WEED) 50-day simple moving average is 4.68, creating a Sell signal.
Canopy Growth’s (WEED) stock price is C$3.22 and Canopy Growth’s (WEED) 100-day simple moving average is 5.60, creating a Sell signal.
Canopy Growth’s (WEED) stock price is C$3.22 and Canopy Growth’s (WEED) 200-day simple moving average is 8.22, creating a Sell signal.

Canopy Growth Corporation (WEED) Technical Indicators

Jan 19, 2025, 11:51 AM
Name
Value
Implied Action
RSI (14)
22.71
Buy
STOCH (9,6)
6.70
Buy
STOCHRSI (14)
6.49
Buy
MACD (12,26)
-0.43
Buy
ADX (14)
33.60
Neutral
Williams %R
-94.70
Buy
CCI (14)
-134.21
Buy
ATR (14)
0.25
-
Ultimate Oscillator
32.24
Neutral
ROC
-21.39
Sell
Canopy Growth’s (WEED) Relative Strength Index (RSI) is 22.71, creating a Buy signal.
Canopy Growth’s (WEED) Trend Strength Indicator (ADX) is 33.60, creating a Neutral signal.
Canopy Growth’s (WEED) Commodity Channel Index (CCI) is -134.21, creating a Buy signal.
Canopy Growth’s (WEED) Price Rate of Change (ROC) is -21.39, 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 22.71, which suggests WEED is a Buy.
      What is WEED’s MACD?
      WEED’s MACD is -0.43, which suggests WEED is a Buy.
        What is WEED’s 5-day moving average?
        WEED’s 5-day moving average is 3.24, which suggests WEED is a Sell.
          What is WEED’s 20-day moving average?
          WEED 20-day moving average is 3.81, which suggests WEED is a Sell.
            What is WEED’s 50-day moving average?
            WEED’s 50-day moving average is 4.68, which suggests WEED is a Sell.
              What is WEED’s 200-day moving average?
              WEED’s 200-day moving average is 8.22, which suggests WEED is a Sell.
                What is WEED’s Williams % R (14)?
                WEED’s Williams % R (14) is -94.70, which suggests WEED is a Buy.
                  What is WEED’s CCI (14)?
                  WEED’s CCI (14) is -134.21, which suggests WEED is a Buy.
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