Trading Signals: CGC Stock Price Prediction and Forecast

^ CGC: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Thu. Jan. 4, 2018

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

(Canopy Growth Corporation)
CGC latest price $25.8900 (-9.63%) ($23.1900 - $28.5700) on Thu. Jan. 4, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.39% (three month average)
RSI   82
Latest Price   $25.8900(-9.63%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CGC advances 3.1% a day on average for past five trading days.
Weekly Trend   CGC advances 29.5% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support CGC advance at 0% a week (0% probability)
IBUY(43%)    ARKK(42%)    IWC(41%)    IWO(41%)    IWM(40%)
Factors Impacting CGC price   CGC will decline at least -2.695% 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   -2.695% (StdDev 5.39%)
Hourly BBV 0 ()
Intraday Trend -8.9%

5 Day Moving Average   $25.66(0.9%)
10 Day Moving Average   $22.4(15.58%)
20 Day Moving Average   $19(36.26%)
To recent high   -9.6%
To recent low   174%
Market Cap   $9.602b

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 23.42% (three month std-dev: 5.39%) daily (68% of days).

Sample size 5 Average positive next day return: 3.02%(40%) Average negative next day return: -8.14%(60%) Sample size 5 Average positive next three day return: 10.2%(60%) Average negative next three day return: -6.99%(40%) Sample size 5 Average positive next weekly return: 22.56%(40%) Average negative next weekly return: -8.57%(60%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

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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	Jan_4_2018	12.29	19	22.4	25.66	25.82	27.17	25.89(-9.63%)	UD	OpenLong	75	0.1	102	380	23	338	4.69	77%	1.65	80.1	5.39%	0	1.5	82	INF
2	Jan_3_2018	12.09	18.42	21.52	24.88	25.02	26.43	28.65(10.7%)	UT	HoldLong	65	0.9	136	410	59	365	3.04	81%	1.85	78.2	5.2%	0	2.4	86	INF
3	Jan_2_2018	11.87	17.67	20.22	23.06	23.25	24.47	25.88(9.38%)	UT	HoldLong	65	0.8	112	390	45	313	2.32	80%	2.06	74.1	5.08%	0	2.3	84	INF
4	Dec_29_2017	11.63	17.05	19.11	21.51	21.79	23.61	23.66(-2.23%)	UD	OpenLong	75	0.7	105	620	51	266	4.62	79%	1.48	68.5	5.01%	0	2.2	83	INF
5	Dec_28_2017	11.46	16.56	18.26	20.21	20.27	22.02	24.2(10.05%)	UT	HoldLong	65	1.5	106	610	63	234	2.63	79%	1.6	60.7	4.99%	0	2.9	87	INF

6	Dec_27_2017	11.28	16	17.29	18.67	18.64	19.97	21.99(12.48%)	UT	HoldLong	65	1.7	76	490	44	172	2.18	78%	1.35	53.7	4.89%	0	3	84	INF
7	Dec_26_2017	11.13	15.61	16.61	17.67	17.62	18.51	19.55(7.77%)	UT	OpenLong	75	1.3	61	350	35	140	1.25	77%	1.55	54.5	4.69%	0	2.7	75	INF
8	Dec_22_2017	10.96	15.38	16.18	16.96	16.96	17.32	18.14(5.53%)	UT	OpenLong	75	1.1	49	150	26	118	1.58	76%	1.01	57.5	4.58%	0	2.5	74	INF
9	Dec_21_2017	10.85	15.21	15.86	16.35	16.43	16.74	17.19(4.43%)	UT	OpenLong	75	0.9	35	150	15	94	0.72	75%	0.93	57.2	4.56%	0	2.2	72	INF
10	Dec_20_2017	10.75	15.1	15.56	15.98	16.02	16.59	16.46(-3.18%)	UD	OpenLong	75	0.6	32	260	16	78	1.03	74%	0.84	58.1	4.55%	0	1.7	68	INF

11	Dec_19_2017	10.66	14.99	15.36	15.68	15.65	16.13	17(6.05%)	UT	HoldLong	65	1.8	32	210	18	72	1.37	74%	0.95	42.3	4.54%	0	2.7	77	INF
12	Dec_18_2017	10.56	14.86	15.12	15.39	15.33	15.46	16.03(6.44%)	UT	OpenLong	75	1.1	19	50	7	55	0.94	73%	0.86	28.5	4.5%	0	2	59	INF
13	Dec_15_2017	10.47	14.77	14.95	15.28	15.28	15.18	15.06(-1.89%)	UD	OpenLong	65	-0.4	9	-50	-1	40	0.42	72%	0.77	14.8	4.45%	0	0.6	47	INF
14	Dec_14_2017	10.39	14.7	14.87	15.29	15.31	15.2	15.35(2.68%)	UT	OpenLong	75	0.1	13	-50	5	37	0.37	72%	0.78	0.3	4.44%	0	1.1	52	INF
15	Dec_13_2017	10.31	14.65	14.76	15.07	15.24	15.38	14.95(-3.86%)	UD	OpenLong	75	-0.2	7	100	4	17	0.71	72%	0.78	-19.2	4.43%	0	0.5	48	INF

16	Dec_12_2017	10.23	14.68	14.64	14.96	15.01	15.42	15.55(0.32%)	UT	OpenLong	75	1	10	200	10	8	0.59	73%	0.89	-21.5	4.4%	0	1.5	59	INF
17	Dec_11_2017	10.14	14.69	14.54	14.81	14.78	15.11	15.5(2.51%)	UT	OpenLong	75	1.1	11	150	14	3	0.96	74%	0.9	-22.1	4.44%	0	1.3	57	INF
18	Dec_8_2017	10.05	14.69	14.52	14.58	14.64	14.61	15.12(6.18%)	N/A	N/A	0	0.8	6	-0	8	-2	0.75	74%	0.8	-13.8	4.45%	0	0.6	56	INF
19	Dec_7_2017	9.97	14.7	14.5	14.4	14.51	14.45	14.24(-0.97%)	DT	OpenShort	-75	-0.2	-3	-10	-3	-4	0.45	73%	0.81	-4	4.4%	0	-0.7	59	INF
20	Dec_6_2017	9.89	14.76	14.59	14.41	14.54	14.67	14.38(-2.77%)	UD	OpenLong	75	-0	7	90	7	7	0.46	73%	0.82	14.3	4.4%	0	-0.6	51	INF

21	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	INF
22	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	INF
23	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	INF
24	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	INF
25	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%		95.6	4.35%	0	-1	40	INF
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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