Technical Analysis for WEED - Canopy Growth Corporation

Grade Last Price % Change Price Change
grade F 26.02 -1.92% -0.510
WEED closed down 1.92 percent on Wednesday, October 16, 2019, on 76 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical WEED trend table...

Date Alert Name Type % Chg
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Bullish Engulfing Bullish -1.92%
New 52 Week Low Weakness -1.92%
Wide Bands Range Expansion -1.92%
Oversold Stochastic Weakness -1.92%
New 52 Week Closing Low Bearish 1.36%
New 52 Week Low Weakness 1.36%
Wide Bands Range Expansion 1.36%

Older signals for WEED ...

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:
Profile
Canopy Growth Corporation, formerly Tweed Marijuana Inc., is a diversified cannabis company. The Company, through its subsidiaries Tweed Inc. (Tweed), Bedrocan Canada Inc. (Bedrocan) and Tweed Farms Inc. (Tweed Farms), is engaged in the business of producing and selling legal marijuana in the Canadian medical market. It is also focusing on producing and selling marijuana in the recreational market in Canada. Its core brands are Tweed and Bedrocan. Tweed is a licensed producer of medical marijuana. Tweed's commercial license covers approximately 168,000 square feet of its Smiths Falls facility and allows Tweed to produce and sell approximately 3,540 kilograms of medical marijuana per year. Tweed's built-out production capacity is over 10 climate controlled indoor growing rooms. Bedrocan is a medical-grade cannabis. Bedrocan's over 52,000 square feet production facility in Toronto, Ontario is licensed, and includes over 30 vegetative and growing rooms, and over three dispensing rooms.
Cannabis Canopy Growth Corporation Licensed Producer Cannabis Industry
Is WEED a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 76.68
52 Week Low 25.19
Average Volume 1,967,427
200-Day Moving Average 51.0432
50-Day Moving Average 34.6148
20-Day Moving Average 31.145
10-Day Moving Average 28.696
Average True Range 1.9591
ADX 42.45
+DI 10.1512
-DI 39.7438
Chandelier Exit (Long, 3 ATRs ) 32.4527
Chandelier Exit (Short, 3 ATRs ) 31.0673
Upper Bollinger Band 37.9275
Lower Bollinger Band 24.3625
Percent B (%b) 0.12
BandWidth 43.554343
MACD Line -2.4726
MACD Signal Line -2.1028
MACD Histogram -0.3698
Fundamentals Value
Market Cap 4.35 Billion
Num Shares 167 Million
EPS -0.13
Price-to-Earnings (P/E) Ratio -200.15
Price-to-Sales 44.51
Price-to-Book 3.35
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.045
Resistance 3 (R3) 28.037 27.353 27.708
Resistance 2 (R2) 27.353 26.838 27.358 27.595
Resistance 1 (R1) 26.687 26.519 26.345 26.695 27.482
Pivot Point 26.003 26.003 25.833 26.008 26.003
Support 1 (S1) 25.337 25.488 24.995 25.345 24.558
Support 2 (S2) 24.653 25.169 24.658 24.445
Support 3 (S3) 23.987 24.653 24.333
Support 4 (S4) 23.995