Technical Analysis for WEED - Canopy Growth Corporation

Grade Last Price % Change Price Change
F 0.740 1.37% 0.010
WEED closed down 1.35 percent on Tuesday, November 28, 2023, on 36 percent of normal volume.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Bollinger Band Squeeze Range Contraction 1.37%
Fell Below 20 DMA Bearish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
20 DMA Support Bullish -5.13%
Bollinger Band Squeeze Range Contraction -5.13%
Narrow Range Bar Range Contraction -5.13%
Doji - Bullish? Reversal -5.13%
Bollinger Band Squeeze Range Contraction -5.13%
Narrow Range Bar Range Contraction -5.13%
Inside Day Range Contraction -5.13%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Up 2% 10 minutes ago
Up 1% 10 minutes ago
Down 3% about 23 hours ago
Fell Below Previous Day's Low about 24 hours ago
Down 2% about 24 hours ago

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.

Profile

Canopy Growth Corporation Description

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.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Cannabis Farm Door Rooms Climate Marijuana Canopy Growth Cannabis Industry Licensed Producer Canopy Growth Corporation Tweed

Is WEED a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 6.44
52 Week Low 0.455
Average Volume 6,946,151
200-Day Moving Average 1.356
50-Day Moving Average 0.886
20-Day Moving Average 0.773
10-Day Moving Average 0.767
Average True Range 0.076
RSI (14) 42.20
ADX 11.61
+DI 23.068
-DI 21.345
Chandelier Exit (Long, 3 ATRs) 0.683
Chandelier Exit (Short, 3 ATRs) 0.887
Upper Bollinger Bands 0.848
Lower Bollinger Band 0.698
Percent B (%b) 0.21
BandWidth 19.301
MACD Line -0.029
MACD Signal Line -0.035
MACD Histogram 0.0062
Fundamentals Value
Market Cap 271.77 Million
Num Shares 372 Million
EPS -6.22
Price-to-Earnings (P/E) Ratio -0.12
Price-to-Sales 27.68
Price-to-Book 2.79
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.790
Resistance 3 (R3) 0.790 0.770 0.780
Resistance 2 (R2) 0.770 0.755 0.770 0.777
Resistance 1 (R1) 0.750 0.745 0.740 0.750 0.773
Pivot Point 0.730 0.730 0.725 0.730 0.730
Support 1 (S1) 0.710 0.715 0.700 0.710 0.687
Support 2 (S2) 0.690 0.705 0.690 0.683
Support 3 (S3) 0.670 0.690 0.680
Support 4 (S4) 0.670