Trading Signals: CGC Stock Price Prediction and Forecast

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

Fri. Nov. 29, 2019

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

(Canopy Growth Corporation)
CGC latest price $18.5900 (-1.17%) ($18.3400 - $19.2100) on Fri. Nov. 29, 2019.

Trend Analysis and Forecast

Average Daily Percentage Swing   5.3% (three month average)
RSI   43
Latest Price   $18.5900(-1.17%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CGC declines -1.8% a day on average for past five trading days.
Weekly Trend   CGC declines -0.8% 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)
IBUY(52%)    ARKK(51%)    IWO(50%)    ACES(49%)    IPO(49%)
Factors Impacting CGC price   CGC will decline at least -2.65% in a week (0% probabilities).
VXX(-35%)    VIXM(-34%)    UUP(-15%)    TLT(-13%)    SHY(1%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.65% (StdDev 5.3%)
Hourly BBV 0 ()
Intraday Trend -3.1%

5 Day Moving Average   $18.47(0.65%)
10 Day Moving Average   $17.6(5.62%)
20 Day Moving Average   $18.39(1.09%)
To recent high   -35.4%
To recent low   30.7%
Market Cap   $6.894b

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 10.11% (three month std-dev: 5.3%) daily (68% of days).

Sample size 1 Average positive next day return: 0%(0%) Average negative next day return: -1.42%(100%) Sample size 1 Average positive next three day return: 1.11%(100%) Average negative next three day return: %(0%) Sample size 1 Average positive next weekly return: 0%(0%) Average negative next weekly return: -4.13%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20191229

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	Nov_29_2019	25.22	18.39	17.6	18.47	18.6	18.67	18.59(-1.17%)	DT	OpenShort	-75	0.1	-6	50	-4	-11	4.21	49%	-1.21	-28.2	5.3%	0	0.1	43	1.5
2	Nov_27_2019	25.53	18.45	17.33	18.81	18.63	18.36	18.81(3.87%)	DP	OpenShort	-65	0	-3	-130	1	-16	7.31	48%	-0.82	-27.3	5.27%	0	0.2	51	1.9
3	Nov_26_2019	25.74	18.51	17.27	18.58	18.99	18.54	18.11(-1.84%)	N/A	N/A	0	-0.2	1	-100	10	-26	9.45	48%	-0.81	-33.5	5.3%	0	-0.2	48	2
4	Nov_25_2019	25.95	18.63	17.35	18.02	18.7	18.91	18.45(0.22%)	N/A	N/A	0	0.2	3	190	19	-46	10.36	48%	-0.84	-40.7	5.29%	0	-0.1	48	2.1
5	Nov_22_2019	26.17	18.77	17.49	17.18	17.64	19.44	18.41(-9.27%)	N/A	N/A	0	0.6	5	790	29	-69	15.78	46%	-0.3	-46.9	5.29%	0	-0.2	47	1.6

6	Nov_21_2019	26.25	18.93	17.75	16.56	16.57	18.49	20.29(15.02%)	N/A	N/A	0	1.7	23	810	54	-72	38.35	49%	-0.79	-49.7	5.21%	0	0.6	52	1.3
7	Nov_20_2019	26.46	18.98	17.58	15.67	15.44	15.84	17.64(15.14%)	DP	OpenShort	-65	0.9	-26	140	9	-132	23.9	44%	-0.82	-57	4.86%	0	-0.6	44	1.3
8	Nov_19_2019	26.68	19.18	17.74	15.84	15.19	14.66	15.32(7.74%)	DP	OpenShort	-75	-0.2	-65	-370	-33	-161	10.35	37%	-0.97	-52	4.46%	0	-1.7	33	1.5
9	Nov_18_2019	26.94	19.49	18.21	16.63	16.24	15.05	14.22(-7.24%)	DT	HoldShort	-65	-1.2	-72	-580	-47	-146	12.89	33%	-0.96	-45.9	4.36%	0	-2.5	24	1.8
10	Nov_15_2019	27.2	19.82	18.83	17.84	17.51	15.71	15.33(-3.22%)	DT	HoldShort	-65	-1.5	-74	-780	-59	-117	8.34	32%	-0.95	-34.8	4.31%	0	-2.7	24	2

11	Nov_14_2019	27.46	20.09	19.31	19.07	18.83	17.43	15.84(-14.38%)	DT	OpenShort	-75	-2.4	-50	-560	-42	-74	24.4	31%	-0.87	-16.9	4.61%	0	-3.2	25	1.5
12	Nov_13_2019	27.7	20.36	19.76	19.72	19.89	19.31	18.5(-3.9%)	DT	OpenShort	-75	-1.3	-25	-180	-16	-53	7.41	35%	-0.75	-3.9	4.36%	0	-2	34	1.3
13	Nov_12_2019	27.91	20.43	19.93	19.9	20.04	20.22	19.25(-5.17%)	DT	OpenShort	-75	-0.8	-17	80	-5	-52	7.56	35%	-0.78	-14.6	4.38%	0	-1.4	36	1.5
14	Nov_11_2019	28.13	20.48	20.07	20.02	20.01	20.46	20.3(-5.41%)	DP	OpenShort	-65	0.3	-5	160	9	-46	8.28	37%	-0.71	-23.8	4.35%	0	-0.2	46	1.4
15	Nov_8_2019	28.33	20.42	20.18	19.99	19.87	19.86	21.46(12.47%)	DP	OpenShort	-65	1.7	-1	-20	12	-40	10.92	38%	-0.81	-40.8	4.31%	0	1.2	58	1.2

16	Nov_7_2019	28.56	20.32	20.2	19.64	19.79	19.57	19.08(-1.75%)	DT	OpenShort	-75	-0.7	-21	-50	-9	-56	3.72	32%	-0.8	-70.9	4%	0	-1.4	43	1.1
17	Nov_6_2019	28.79	20.39	20.46	19.82	19.87	19.89	19.42(-2.22%)	DT	OpenShort	-75	-0.4	-15	10	-6	-43	3.58	34%	-0.79	-71.4	4%	0	-1	41	1
18	Nov_5_2019	29.02	20.56	20.69	19.97	19.92	20.02	19.86(-1.44%)	DT	OpenShort	-75	-0.1	-7	30	-2	-23	3.48	33%	-0.79	-60.3	4.02%	0	-0.7	54	1
19	Nov_4_2019	29.25	20.69	20.83	20.11	20	19.85	20.15(2.23%)	DP	OpenShort	-75	0	-10	-70	-9	-14	4	33%	-0.71	-51.7	4.05%	0	-0.5	53	1.3
20	Nov_1_2019	29.46	20.79	20.86	20.41	20.26	19.83	19.71(-1.25%)	N/A	N/A	0	-0.6	-13	-170	-18	4	3.44	34%	-0.74	-44.4	4.09%	0	-0.9	60	1.5

21	Oct_31_2019	29.68	20.95	20.93	20.85	20.8	20.14	19.96(-0.99%)	N/A	N/A	0	-0.7	-7	-230	-18	27	3.77	34%	-0.77	-35.8	4.11%	0	-0.8	56	1.2
22	Oct_30_2019	29.91	21.11	21.02	21.19	21.27	20.69	20.16(-1.99%)	N/A	N/A	0	-0.8	-4	-180	-19	43	2.65	34%	-0.76	-33.8	4.12%	0	-0.8	50	1.4
23	Oct_29_2019	30.14	21.2	21	21.51	21.6	21.46	20.57(-4.94%)	UD	OpenLong	65	-0.8	5	-30	-8	42	3.23	33%	-0.79	-37.3	4.11%	0	-0.5	40	1.3
24	Oct_28_2019	30.38	21.27	20.97	21.62	21.69	21.86	21.64(-1.28%)	UD	OpenLong	75	0	17	60	10	37	3.04	34%	-0.65	-41.7	4.1%	0	0.3	44	1.3
25	Oct_25_2019	30.58	21.32	20.7	21.37	21.37	21.73	21.92(1.2%)	UT	OpenLong	75	0.4	13	120	14	8	3.25	34%		-52	4.1%	0	0.4	48	1.7
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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