#WEED bottom in2d Chart looking good.
Price bounced of the 78.6% fib retracement + Idicators showing attractive signs.
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−9.58CAD
−657.27 MCAD
297.15 MCAD
84.10 M
About CANOPY GROWTH CORPORATION
Sector
Industry
CEO
David Eric Klein
Website
Headquarters
Smith Falls
Founded
2009
FIGI
BBG000Q6W7W1
Canopy Growth Corp, formerly Tweed Marijuana Inc, is a Canada-based multi-brand cannabis company. The Company, through its subsidiaries Tweed Inc, Bedrocan Canada Inc, Tweed Farms Inc and Mettrum Health Corp is engaged in the business of producing and selling legal marijuana in the Canadian medical market. It is also focusing on producing and selling marijuana in the recreational market in Canada. Its core brands are Tweed and Bedrocan. Tweed is a licensed producer of medical marijuana. Tweed's commercial license covers approximately 168,000 square feet of its Smiths Falls facility and allows Tweed to produce and sell approximately 3,540 kilograms of medical marijuana per year. Tweed's built-out production capacity is over 10 climate controlled indoor growing rooms. Bedrocan is a medical-grade cannabis. Bedrocan's over 52,000 square feet production facility in Toronto, Ontario is licensed, and includes over 30 vegetative and growing rooms, and over three dispensing rooms.
CGC 30min updateLooking for last move to the upside to complete the Elliott Wave (1-2-3-4-5) structure.
CGC Canopy Growth in the Chart, Fast Swing?!NASDAQ:CGC
Looking good as the sector does.
nice place to Buy..
5.10$ too 7.5$
$WEED * CGC CANOPY GROWTH CORP. EWP TC FIB 3W TF ANALYSISAs of October 2024, NASDAQ:CGC TSX:WEED is positioned within a significant Elliott Wave cycle, suggesting a complex market environment.
Elliott Wave Analysis:
Wave Structure:
Wave 3 is currently in progress, with expectations to bottom around $2.46 to $2.06 CAD.
This wave represents a major i
$CGC building momentum after -60% drop from it's topI think we might have hit the bottom at $4.31. Within the next 6 months there's a great chance for some parabolic action. Today we hit $5.3 which was quickly shot down off the fence. Closing at $4.8 20EMA. Looking to confirm the cross and proceed back to 5.3s. Expecting $6 retest in the mid, and if
Canopy Growth Corp (CGC) Shares Drop Below $5Canopy Growth Corp (CGC) Shares Drop Below $5
As the chart indicates, Canopy Growth Corporation (CGC) shares closed below $5 yesterday for the first time since late March 2024.
In the spring, the stock price of the cannabis production and distribution company surged amid expectations that the US
Canopy Growth - The Perfect LongHello Guys,
today I am looking for a juicy long position on Canopy Growth.
Looking for one more low at market open, between $6.10-5.75$
Planning on holding long term (Spot).
Looking to Long with this position up to around 20-30$
Let's go
CGC Canopy Growth Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CGC Canopy Growth Corporation prior to the earnings report this week,
I would consider purchasing the 6usd strike price Calls with
an expiration date of 2024-8-9,
for a premium of approximately $0.48.
If these options prove to be profitable prior
Possible Flat Pattern Complete In CGCThe five-wave impulsive reversal from the 6.07 low likely indicates that the wave B flat pattern that has been developing since early April is complete and the next leg higher in wave C has begun. Wave B and the components of wave B display excellent Fibonacci proportion, increasing the validity of
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Frequently Asked Questions
The current price of WEED is 6.39 CAD — it has decreased by −6.43% in the past 24 hours. Watch CANOPY GROWTH CORPORATION stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on TSX exchange CANOPY GROWTH CORPORATION stocks are traded under the ticker WEED.
WEED stock has risen by 0.59% compared to the previous week, the month change is a 11.04% rise, over the last year CANOPY GROWTH CORPORATION has showed a −19.11% decrease.
We've gathered analysts' opinions on CANOPY GROWTH CORPORATION future price: according to them, WEED price has a max estimate of 18.00 CAD and a min estimate of 2.75 CAD. Watch WEED chart and read a more detailed CANOPY GROWTH CORPORATION stock forecast: see what analysts think of CANOPY GROWTH CORPORATION and suggest that you do with its stocks.
WEED reached its all-time high on Oct 16, 2018 with the price of 766.80 CAD, and its all-time low was 0.25 CAD and was reached on Feb 14, 2013. View more price dynamics on WEED chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
WEED stock is 8.46% volatile and has beta coefficient of 2.73. Track CANOPY GROWTH CORPORATION stock price on the chart and check out the list of the most volatile stocks — is CANOPY GROWTH CORPORATION there?
Today CANOPY GROWTH CORPORATION has the market capitalization of 580.41 M, it has increased by 0.44% over the last week.
Yes, you can track CANOPY GROWTH CORPORATION financials in yearly and quarterly reports right on TradingView.
CANOPY GROWTH CORPORATION is going to release the next earnings report on Nov 8, 2024. Keep track of upcoming events with our Earnings Calendar.
WEED earnings for the last quarter are −1.60 CAD per share, whereas the estimation was −0.46 CAD resulting in a −250.69% surprise. The estimated earnings for the next quarter are −0.50 CAD per share. See more details about CANOPY GROWTH CORPORATION earnings.
CANOPY GROWTH CORPORATION revenue for the last quarter amounts to 66.20 M CAD, despite the estimated figure of 70.12 M CAD. In the next quarter, revenue is expected to reach 64.20 M CAD.
WEED net income for the last quarter is −127.14 M CAD, while the quarter before that showed −92.34 M CAD of net income which accounts for −37.69% change. Track more CANOPY GROWTH CORPORATION financial stats to get the full picture.
No, WEED doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Nov 1, 2024, the company has 1.03 K employees. See our rating of the largest employees — is CANOPY GROWTH CORPORATION on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. CANOPY GROWTH CORPORATION EBITDA is −59.35 M CAD, and current EBITDA margin is −25.50%. See more stats in CANOPY GROWTH CORPORATION financial statements.
Like other stocks, WEED shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade CANOPY GROWTH CORPORATION stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So CANOPY GROWTH CORPORATION technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating CANOPY GROWTH CORPORATION stock shows the sell signal. See more of CANOPY GROWTH CORPORATION technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.