Technical Analysis for WEED - Canopy Growth Corporation
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| F | 5.480 | 1.29% | 0.070 |
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Down | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Shooting Star Candlestick | Bearish | 0.00% | |
| Wide Bands | Range Expansion | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| Wide Bands | Range Expansion | 1.29% | |
| Oversold Stochastic | Weakness | 1.29% | |
| Narrow Range Bar | Range Contraction | 3.98% | |
| Wide Bands | Range Expansion | 3.98% | |
| Oversold Stochastic | Weakness | 3.98% | |
| Stochastic Buy Signal | Bullish | 2.24% | |
| NR7 | Range Contraction | 2.24% |
| Alert | Time |
|---|---|
| Rose Above Previous Day's High | 1 day ago |
| Up 5% | 1 day ago |
| Up 3% | 1 day ago |
| Up 2% | 1 day ago |
| Up 1% | 1 day ago |
Get a Trading Sidekick!
- Earnings date: 2024-11-08
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 Cannabis Industry Canopy Growth Licensed Producer Marijuana Canopy Growth Corporation
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 20.5 |
| 52 Week Low | 0.63 |
| Average Volume | 1,916,083 |
| 200-Day Moving Average | 8.483 |
| 50-Day Moving Average | 6.176 |
| 20-Day Moving Average | 6.128 |
| 10-Day Moving Average | 5.398 |
| Average True Range | 0.499 |
| RSI (14) | 41.86 |
| ADX | 15.56 |
| +DI | 22.695 |
| -DI | 23.629 |
| Chandelier Exit (Long, 3 ATRs) | 6.554 |
| Chandelier Exit (Short, 3 ATRs) | 6.606 |
| Upper Bollinger Bands | 7.853 |
| Lower Bollinger Band | 4.402 |
| Percent B (%b) | 0.31 |
| BandWidth | 56.333 |
| MACD Line | -0.335 |
| MACD Signal Line | -0.263 |
| MACD Histogram | -0.0724 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 5.990 | ||||
| Resistance 3 (R3) | 6.017 | 5.873 | 5.905 | ||
| Resistance 2 (R2) | 5.873 | 5.743 | 5.860 | 5.877 | |
| Resistance 1 (R1) | 5.677 | 5.663 | 5.775 | 5.650 | 5.848 |
| Pivot Point | 5.533 | 5.533 | 5.583 | 5.520 | 5.533 |
| Support 1 (S1) | 5.337 | 5.403 | 5.435 | 5.310 | 5.112 |
| Support 2 (S2) | 5.193 | 5.323 | 5.180 | 5.083 | |
| Support 3 (S3) | 4.997 | 5.193 | 5.055 | ||
| Support 4 (S4) | 4.970 |
