Trading Signals: CGC Stock Price Prediction and Forecast

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Fri. Oct. 13, 2017

Trading Signals: CGC Stock Price Prediction and Forecast (Wed. Oct. 19, 2016 - Wed. Sep. 14, 2022)

(Canopy Growth Corporation)
CGC latest price $10.3100 (-1.72%) ($10.0500 - $10.4700) on Fri. Oct. 13, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.24% (three month average)
RSI   79
Latest Price   $10.3100(-1.72%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CGC advances 0.7% a day on average for past five trading days.
Weekly Trend   CGC advances 10.2% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support CGC advance at 0% a week (0% probability)
IBUY(42%)    ARKK(41%)    IWO(40%)    IWC(39%)    BOTZ(38%)
Factors Impacting CGC price   CGC will decline at least -1.12% in a week (0% probabilities).
VIXM(-12%)    TLT(-11%)    UUP(-9%)    SHY(-3%)    GDXJ(1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.12% (StdDev 2.24%)
Hourly BBV 0 ()
Intraday Trend 0.1%

5 Day Moving Average   $10.46(-1.43%)
10 Day Moving Average   $10.04(2.69%)
20 Day Moving Average   $9.35(10.27%)
To recent high   -5.5%
To recent low   66.8%
Market Cap   $3.824b

Canopy Growth Corp. engages in the production and sale of medical cannabis. The company offers products including oils and concentrates, soft gel capsules and hemp. It focuses on the treatment of chronic pain, seizures, muscle spasms, nausea, and loss of appetite. The company was founded by Bruce Linton on August 5, 2009 and is headquartered in Smith Falls, Canada.

$. CGC price fluctuates within 8.77% (three month std-dev: 2.24%) daily (68% of days).

Sample size 14 Average positive next day return: 3.45%(36%) Average negative next day return: -2.95%(64%) Sample size 14 Average positive next three day return: 5.08%(29%) Average negative next three day return: -4.91%(71%) Sample size 14 Average positive next weekly return: 6.62%(21%) Average negative next weekly return: -5.93%(79%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20171113

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Oct_13_2017	7.18	9.35	10.04	10.46	10.44	10.48	10.31(-1.72%)	UD	OpenLong	75	-0.2	71	20	3	275	0.58	91%	0.7	75.7	2.24%	0	1.2	79	0
2	Oct_12_2017	7.13	9.25	9.88	10.39	10.43	10.61	10.49(-3.85%)	UD	OpenLong	75	0.1	81	130	14	283	0.75	91%	0.56	80.3	2.24%	0	1.5	83	0
3	Oct_11_2017	7.09	9.14	9.7	10.31	10.27	10.41	10.91(6.34%)	UT	HoldLong	65	0.8	98	80	31	298	0.89	97%	0.71	86.5	2.19%	0	2.3	92	0
4	Oct_10_2017	7.04	9	9.47	10.04	10.09	10.25	10.26(-0.77%)	UD	OpenLong	75	0.3	88	130	27	270	0.46	96%	0.72	94.5	2.09%	0	1.9	83	0
5	Oct_9_2017	6.99	8.9	9.3	9.82	9.87	10.14	10.34(3.71%)	UT	HoldLong	65	0.8	85	210	35	233	0.43	96%	0.58	97.6	2.08%	0	2.3	77	0

6	Oct_6_2017	6.95	8.77	9.11	9.56	9.6	9.93	9.97(-1.19%)	UD	OpenLong	75	0.7	80	250	42	192	0.93	96%	0.58	96.9	2.06%	0	2	77	0
7	Oct_5_2017	6.91	8.65	8.95	9.28	9.29	9.59	10.09(5.99%)	UT	HoldLong	65	1.4	69	230	43	146	0.98	96%	0.58	89.9	2.06%	0	2.5	82	0
8	Oct_4_2017	6.87	8.51	8.78	8.99	8.99	9.27	9.52(3.93%)	UT	HoldLong	65	1	47	220	30	99	0.36	96%	0.59	88.1	1.96%	0	1.9	80	0
9	Oct_3_2017	6.83	8.41	8.68	8.82	8.8	8.99	9.16(1.22%)	UT	HoldLong	65	0.7	38	140	24	78	0.49	95%	0.44	82.5	1.93%	0	1.4	78	0
10	Oct_2_2017	6.8	8.31	8.64	8.7	8.67	8.71	9.05(5.23%)	UT	OpenLong	75	0.7	30	20	17	68	0.37	95%	0.44	82.2	1.94%	0	1.5	71	0

11	Sep_29_2017	6.77	8.22	8.59	8.59	8.6	8.61	8.6(-0.35%)	UD	OpenLong	75	0	20	10	2	72	0.16	95%	0.3	74.8	1.85%	0	0.7	75	0
12	Sep_28_2017	6.75	8.15	8.58	8.57	8.59	8.63	8.63(-0.23%)	UD	OpenLong	75	0.1	28	40	5	98	0.15	95%	0.45	69.8	1.88%	0	0.9	79	0
13	Sep_27_2017	6.72	8.08	8.54	8.54	8.55	8.6	8.65(0.93%)	UT	HoldLong	65	0.2	33	40	3	121	0.2	84%	0.45	64.3	1.9%	0	1	81	0
14	Sep_26_2017	6.69	8	8.5	8.53	8.53	8.55	8.57(0.59%)	UT	HoldLong	50	0.1	32	20	-4	139	0.19	84%	0.3	63.6	2.02%	0	1	80	0
15	Sep_25_2017	6.67	7.93	8.47	8.57	8.56	8.51	8.52(0.59%)	UD	OpenLong	65	-0.1	45	-40	-3	190	0.26	84%	0.3	68.4	2.02%	0	1	82	0

16	Sep_22_2017	6.65	7.86	8.41	8.59	8.61	8.5	8.47(0%)	UD	OpenLong	65	-0.2	54	-80	-2	220	0.23	86%	0.3	70.1	2.05%	0	1	83	0
17	Sep_21_2017	6.63	7.79	8.33	8.58	8.63	8.62	8.47(-1.63%)	UD	OpenLong	75	-0.2	60	10	2	232	0.34	86%	0.3	71.4	2.13%	0	1.1	83	0
18	Sep_20_2017	6.61	7.72	8.23	8.54	8.6	8.72	8.61(-2.16%)	UD	OpenLong	75	0.1	71	120	12	249	0.38	86%	0.3	72	2.14%	0	1.5	89	0
19	Sep_19_2017	6.59	7.63	8.12	8.46	8.48	8.64	8.8(2.21%)	UT	HoldLong	65	0.6	78	140	17	260	0.46	89%	0.3	70.5	2.11%	0	2	93	0
20	Sep_18_2017	6.57	7.53	7.96	8.36	8.38	8.48	8.61(2.26%)	UT	HoldLong	65	0.5	82	90	24	254	0.43	89%	0.31	68.6	2.11%	0	2	88	0

21	Sep_15_2017	6.55	7.44	7.82	8.2	8.26	8.32	8.42(1.94%)	UT	HoldLong	65	0.4	74	70	23	227	0.35	89%	0.31	66.5	2.15%	0	2	87	0
22	Sep_14_2017	6.53	7.37	7.69	8.03	8.09	8.27	8.26(0.73%)	UT	HoldLong	65	0.5	67	180	23	200	0.22	89%	0.31	62.2	2.16%	0	2	86	0
23	Sep_13_2017	6.51	7.3	7.57	7.87	7.93	8.2	8.2(-1.2%)	UD	OpenLong	75	0.8	62	260	28	165	0.5	89%	0.15	57.5	2.18%	0	2.3	80	0
24	Sep_12_2017	6.5	7.24	7.45	7.72	7.72	7.9	8.3(6.14%)	UT	HoldLong	65	1.7	60	160	33	142	0.51	89%	0.15	53	2.21%	0	3.1	87	0
25	Sep_11_2017	6.49	7.17	7.33	7.51	7.54	7.66	7.82(3.3%)	UT	HoldLong	65	1.3	44	120	21	111	0.33	88%		50.4	2.13%	0	2.7	85	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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