Technical Analysis for WEED - Canopy Growth Corporation

Grade Last Price % Change Price Change
grade C 27.78 4.16% 1.110
WEED closed up 0.26 percent on Wednesday, December 11, 2019, on 74 percent of normal volume.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up
See historical WEED trend table...

Date Alert Name Type % Chg
MACD Bullish Centerline Cross Bullish 4.16%
Calm After Storm Range Contraction 4.16%
Inside Day Range Contraction 4.16%
Wide Bands Range Expansion 4.16%
Wide Bands Range Expansion 4.44%
Upper Bollinger Band Touch Strength 4.44%
Crossed Above 50 DMA Bullish -1.38%
Expansion Pivot Buy Setup Bullish Swing Setup -1.38%
Pocket Pivot Bullish Swing Setup -1.38%
Wide Bands Range Expansion -1.38%
Older signals for WEED ...

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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

Indicators

Indicator Value
52 Week High 70.98
52 Week Low 18.23
Average Volume 2,384,025
200-Day Moving Average 45.130
50-Day Moving Average 26.115
20-Day Moving Average 24.157
10-Day Moving Average 25.425
Average True Range 1.812
ADX 19.75
+DI 32.060
-DI 17.668
Chandelier Exit (Long, 3 ATRs ) 23.264
Chandelier Exit (Short, 3 ATRs ) 23.666
Upper Bollinger Band 28.857
Lower Bollinger Band 19.457
Percent B (%b) 0.77
BandWidth 38.911
MACD Line 0.071
MACD Signal Line -0.430
MACD Histogram 0.5014
Fundamentals Value
Market Cap 4.46 Billion
Num Shares 167 Million
EPS -0.13
Price-to-Earnings (P/E) Ratio -205.15
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) 28.065
Resistance 3 (R3) 28.173 27.817 27.833
Resistance 2 (R2) 27.817 27.461 27.763 27.755
Resistance 1 (R1) 27.243 27.242 27.065 27.135 27.677
Pivot Point 26.887 26.887 26.798 26.833 26.887
Support 1 (S1) 26.313 26.531 26.135 26.205 25.663
Support 2 (S2) 25.957 26.312 25.903 25.585
Support 3 (S3) 25.383 25.957 25.508
Support 4 (S4) 25.275