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Canopy Growth (TSE:WEED)
TSX:WEED

Canopy Growth (WEED) Technical Analysis

1,860 Followers

Summary of all the Indicators

Overall Consensus
Neutral
10Bullish
4Neutral
8Bearish
Technical Analysis Consensus
Buy
4Bullish
4Neutral
2Bearish
Moving Average Consensus
Neutral
6Bullish
0Neutral
6Bearish
Canopy Growth’s (WEED) Moving Averages Convergence Divergence (MACD) indicator is 0.44, suggesting Canopy Growth is a Buy.
Canopy Growth’s (WEED) 20-Day exponential moving average is 13.09, while Canopy Growth’s (WEED) share price is C$12.52, making it a Sell.
Canopy Growth’s (WEED) 50-Day exponential moving average is 11.55, while Canopy Growth’s (WEED) share price is C$12.52, making it a Buy.

Canopy Growth (WEED) Pivot Points

May 27, 2024, 11:31 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
11.21
11.70
12.11
12.60
13.01
13.50
13.91
Fibonacci
11.70
12.04
12.25
12.60
12.94
13.15
13.50
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Canopy Growth (WEED) Moving Averages

May 27, 2024, 11:31 AM
Period
Simple
Exponential
MA5
13.31Sell
13.02Sell
MA10
13.35Sell
13.25Sell
MA20
13.67Sell
13.09Sell
MA50
11.55Buy
11.55Buy
MA100
8.49Buy
9.93Buy
MA200
8.60Buy
9.24Buy
Canopy Growth’s (WEED) 10-Day exponential moving average is 13.25, while Canopy Growth’s (WEED) share price is C$12.52, making it a Sell.
Canopy Growth’s (WEED) 100-Day exponential moving average is 9.93, while Canopy Growth’s (WEED) share price is C$12.52, making it a Buy.
Canopy Growth’s (WEED) stock price is C$12.52 and Canopy Growth’s (WEED) 50-day simple moving average is 11.55, creating a Buy signal.
Canopy Growth’s (WEED) stock price is C$12.52 and Canopy Growth’s (WEED) 100-day simple moving average is 8.49, creating a Buy signal.
Canopy Growth’s (WEED) stock price is C$12.52 and Canopy Growth’s (WEED) 200-day simple moving average is 8.60, creating a Buy signal.

Canopy Growth (WEED) Technical Indicators

May 27, 2024, 11:31 AM
Name
Value
Implied Action
RSI (14)
48.95
Neutral
STOCH (9,6)
13.46
Buy
STOCHRSI (14)
12.76
Buy
MACD (12,26)
0.44
Buy
ADX (14)
41.12
Neutral
Williams %R
-88.44
Buy
CCI (14)
-67.01
Neutral
ATR (14)
1.74
-
Ultimate Oscillator
37.49
Neutral
ROC
-10.19
Sell
Canopy Growth’s (WEED) Relative Strength Index (RSI) is 48.95, creating a Neutral signal.
Canopy Growth’s (WEED) Trend Strength Indicator (ADX) is 41.12, creating a Neutral signal.
Canopy Growth’s (WEED) Commodity Channel Index (CCI) is -67.01, creating a Neutral signal.
Canopy Growth’s (WEED) Price Rate of Change (ROC) is -10.19, creating a Sell signal.

FAQ

Is WEED a Buy, Hold, or Sell?
Based on WEED’s technical indicators, WEED is a Hold.
    What is WEED’s RSI (14)?
    WEED’s RSI (14) is 48.95, which suggests WEED is a Neutral.
      What is WEED’s MACD?
      WEED’s MACD is 0.44, which suggests WEED is a Buy.
        What is WEED’s 5-day moving average?
        WEED’s 5-day moving average is 13.31, which suggests WEED is a Sell.
          What is WEED’s 20-day moving average?
          WEED 20-day moving average is 13.67, which suggests WEED is a Sell.
            What is WEED’s 50-day moving average?
            WEED’s 50-day moving average is 11.55, which suggests WEED is a Buy.
              What is WEED’s 200-day moving average?
              WEED’s 200-day moving average is 8.60, which suggests WEED is a Buy.
                What is WEED’s Williams % R (14)?
                WEED’s Williams % R (14) is -88.44, which suggests WEED is a Buy.
                  What is WEED’s CCI (14)?
                  WEED’s CCI (14) is -67.01, which suggests WEED is a Neutral.
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