Trading Signals: CGC Stock Price Prediction and Forecast

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Tue. Dec. 5, 2017

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

(Canopy Growth Corporation)
CGC latest price $14.7900 (2.85%) ($14.4200 - $15.1100) on Tue. Dec. 5, 2017.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.37% (three month average)
RSI   45
Latest Price   $14.7900(2.85%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CGC advances 0.1% a day on average for past five trading days.
Weekly Trend   CGC declines -1.1% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support CGC advance at 0% a week (0% probability)
ARKK(42%)    IBUY(42%)    IWC(41%)    IWO(41%)    BOTZ(39%)
Factors Impacting CGC price   CGC will decline at least -2.185% in a week (0% probabilities).
VIXM(-12%)    TLT(-12%)    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   -2.185% (StdDev 4.37%)
Hourly BBV 0 ()
Intraday Trend 0.5%

Resistance Level   $14.81
5 Day Moving Average   $14.26(3.72%)
10 Day Moving Average   $14.6(1.3%)
20 Day Moving Average   $14.81(-0.14%)
To recent high   -7.5%
To recent low   104%
Market Cap   $5.485b

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 4.59% (three month std-dev: 4.37%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20180105

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	Dec_5_2017	9.81	14.81	14.6	14.26	14.36	14.58	14.79(2.85%)	N/A	N/A	0	0.8	-0	130	4	-13	0.88	73%	0.93	27.7	4.37%	0	-0	45	0
2	Dec_4_2017	9.72	14.83	14.57	14.24	14.15	14.41	14.38(1.27%)	DP	OpenShort	-75	0.2	-11	110	-5	-30	0.49	73%	0.83	49.7	4.37%	0	-0.7	41	0
3	Dec_1_2017	9.64	14.79	14.58	14.46	14.23	14.15	14.2(-0.56%)	DT	OpenShort	-75	-0.3	-11	-90	-4	-30	0.58	73%	0.84	74.5	4.4%	0	-0.8	41	0
4	Nov_30_2017	9.56	14.72	14.53	14.62	14.47	13.89	14.28(4.77%)	DP	OpenShort	-75	-0.4	-20	-310	-13	-40	0.87	73%	0.84	83.8	4.37%	0	-0.5	46	0
5	Nov_29_2017	9.48	14.66	14.55	14.81	14.75	14.31	13.63(-7.47%)	DT	OpenShort	-75	-1.2	-21	-220	-15	-40	1.05	72%	0.85	95.6	4.35%	0	-1	40	0

6	Nov_28_2017	9.4	14.63	14.75	14.96	14.99	15.04	14.73(-4.6%)	DT	OpenShort	-75	-0.2	-7	30	0	-26	1.19	76%	0.86	106.3	4.22%	0	0.1	46	0
7	Nov_27_2017	9.32	14.5	14.87	14.92	14.92	15.19	15.44(2.8%)	N/A	N/A	0	0.4	4	130	11	-19	1.18	79%	1.08	100.6	4.16%	0	0.8	52	0
8	Nov_24_2017	9.22	14.24	14.89	14.72	14.75	14.94	15.02(-1.44%)	N/A	N/A	0	0.2	10	100	15	-7	0.5	79%	1.32	75.9	4.16%	0	0.5	65	0
9	Nov_22_2017	9.1	14.01	14.91	14.42	14.48	14.65	15.24(6.05%)	N/A	N/A	0	0.4	5	90	8	-3	0.99	79%	0.66	58.9	4.13%	0	0.7	70	0
10	Nov_21_2017	9.04	13.77	14.92	14.26	14.2	14.57	14.37(-1.03%)	N/A	N/A	0	0.1	-4	170	-7	6	0.65	78%	0.89	54.9	4.08%	0	0.3	65	0

11	Nov_20_2017	8.96	13.58	15.03	14.53	14.29	14.31	14.52(0.48%)	UD	OpenLong	65	-0	8	-40	-6	48	0.97	78%	1.01	57.3	4.1%	0	0.4	67	0
12	Nov_17_2017	8.87	13.38	15.11	14.82	14.53	13.84	14.45(6.88%)	UD	OpenLong	65	-0.2	10	-390	-18	95	1.64	78%	0.91	59.6	4.1%	0	0.5	71	0
13	Nov_16_2017	8.79	13.17	15.02	15.09	15.05	14.27	13.52(-6.5%)	UD	OpenLong	65	-0.7	17	-370	-27	148	2.3	77%	0.8	61.1	4.05%	0	0.2	77	0
14	Nov_15_2017	8.72	12.98	14.97	15.44	15.53	15.23	14.46(-7.84%)	UD	OpenLong	65	-0.4	43	-120	-15	217	1.77	81%	1.04	62.5	3.94%	0	0.6	82	0
15	Nov_14_2017	8.63	12.76	14.83	15.64	15.61	15.84	15.69(-1.88%)	UD	OpenLong	75	0	74	100	1	292	1.35	87%	1.05	62.9	3.78%	0	1.2	89	0

16	Nov_13_2017	8.54	12.47	14.53	15.6	15.62	15.83	15.99(1.2%)	UT	HoldLong	65	0.2	95	100	12	343	1.16	87%	1.18	64.5	3.76%	0	1.5	91	0
17	Nov_10_2017	8.44	12.18	14.12	15.45	15.55	15.38	15.8(3.54%)	UT	HoldLong	65	0.2	110	-60	20	378	0.96	87%	1.08	67.4	3.77%	0	1.6	91	0
18	Nov_9_2017	8.35	11.89	13.56	14.94	15.22	15.4	15.26(-1.29%)	UT	HoldLong	50	0.2	104	140	20	354	1.39	87%	1.21	65.6	3.78%	0	1.6	90	0
19	Nov_8_2017	8.25	11.64	13.06	14.41	14.67	15.71	15.46(-0.13%)	UD	OpenLong	75	0.5	112	550	35	344	2.14	87%	1.1	63.4	3.77%	0	2	93	0
20	Nov_7_2017	8.16	11.4	12.53	13.88	13.92	15.05	15.48(1.51%)	UT	HoldLong	65	0.9	118	580	48	327	2.92	87%	1.24	66	3.76%	0	2.4	87	0

21	Nov_6_2017	8.06	11.12	11.98	13.3	13.2	13.62	15.25(14.92%)	UT	HoldLong	65	1.4	105	200	43	291	2.31	87%	1.13	70	3.77%	0	2.9	83	0
22	Nov_3_2017	7.97	10.85	11.46	12.63	12.72	12.8	13.27(5.23%)	UT	OpenLong	75	0.6	93	70	36	262	0.93	85%	1.01	79	3.36%	0	2.2	71	0
23	Nov_2_2017	7.89	10.68	11.13	11.97	12.37	12.77	12.61(-1.41%)	UD	OpenLong	75	0.7	75	330	34	199	0.8	84%	0.9	77.9	3.34%	0	2	70	0
24	Nov_1_2017	7.82	10.54	10.82	11.47	11.69	12.63	12.79(1.75%)	UT	OpenLong	75	1.5	68	620	44	140	1.37	84%	0.9	76.2	3.33%	0	2.6	69	0
25	Oct_31_2017	7.75	10.37	10.5	10.95	11.02	11.97	12.57(5.63%)	UT	OpenLong	75	2.2	56	620	50	75	3.28	84%		74.6	3.33%	0	3	62	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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