Technical Analysis for WEED - Canopy Growth Corporation

Grade Last Price % Change Price Change
grade D 56.36 0.55% 0.310
WEED closed up 0.55 percent on Tuesday, June 18, 2019, on 63 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Its advance stalled at its 200 day moving average, an important long-term support / resistance line.

Earnings due: Jun 21

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Flat Down Flat
See historical WEED trend table...

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
20 DMA Resistance Bearish 0.00%
NR7 Range Contraction 0.00%
Doji - Bullish? Reversal 1.99%
Down 3 Days in a Row Weakness 1.99%
Down 4 Days in a Row Weakness 1.99%
Fell Below 200 DMA Bearish 1.17%
Down 3 Days in a Row Weakness 1.17%
200 DMA Support Bullish -1.19%
20 DMA Resistance Bearish -1.30%

Older signals for WEED ...

Get this analysis on your stocks daily!

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, 2 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 76.68
52 Week Low 31.81
Average Volume 2,191,284
200-Day Moving Average 56.4534
50-Day Moving Average 59.8024
20-Day Moving Average 56.9685
10-Day Moving Average 56.17
Average True Range 2.1481
ADX 21.13
+DI 20.267
-DI 24.3919
Chandelier Exit (Long, 3 ATRs ) 56.4857
Chandelier Exit (Short, 3 ATRs ) 58.0543
Upper Bollinger Band 61.7131
Lower Bollinger Band 52.2239
Percent B (%b) 0.44
BandWidth 16.656924
MACD Line -1.2385
MACD Signal Line -1.3864
MACD Histogram 0.1479
Fundamentals Value
Market Cap 9.43 Billion
Num Shares 167 Million
EPS -0.13
Price-to-Earnings (P/E) Ratio -433.54
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) 58.010
Resistance 3 (R3) 58.080 57.600 57.735
Resistance 2 (R2) 57.600 57.180 57.565 57.643
Resistance 1 (R1) 56.980 56.920 56.740 56.910 57.552
Pivot Point 56.500 56.500 56.380 56.465 56.500
Support 1 (S1) 55.880 56.080 55.640 55.810 55.168
Support 2 (S2) 55.400 55.820 55.365 55.077
Support 3 (S3) 54.780 55.400 54.985
Support 4 (S4) 54.710