REPORTING FOR 2019-11-11 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how CGC has been trading over the last 2 weeks and the past day especially. On its latest session, Canopy Growth Corporation ($CGC) opened at 19.01, reaching a high of 21.68 and a low of 18.89 before closing at a price of 21.46. There was a total volume of 10874577.
VOLUME INDICATORS FOR CANOPY GROWTH CORPORATION ($CGC): We saw an accumulation-distribution index of 235.81299, an on-balance volume of 19.08, chaikin money flow of 1.08989 and a force index of -0.9588. There was an ease of movement rating of 0.00385, a volume-price trend of -6.69602 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR CANOPY GROWTH CORPORATION ($CGC): We noted an average true range of 1.11925, bolinger bands of 19.13885, an upper bollinger band of 18.77115, lower bollinger band of 18.89, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 19.86, high band keltner channel of 17.19, low band keltner channel of 22.53, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 18.89, a donchian channel low band of 18.89, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR CANOPY GROWTH CORPORATION ($CGC): We calculated a Moving Average Convergence Divergence (MACD) of 0.00292, a MACD signal of 0.00162, a MACD difference of 0.0013, a fast Exponential Moving Average (EMA) indicator of 18.89, a slow Exponential Moving Average (EMA) indicator of 18.89, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.43576, a trix of -21.82948, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 8.94401, a KST Oscillator (KST) of -321.33396 and a KST Oscillator (KST Signal) of -321.33396 (leaving a KST difference of 1.16764). We also found an Ichimoku rating of 20.345, an Ichimoku B rating of 20.345, a Ichimoku visual trend A of 27.35463, an Ichimoku visual trend B of 25.19946, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR CANOPY GROWTH CORPORATION ($CGC): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 46.70679, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -45.33626, a stochastic oscillator of 104.49438, a stochastic oscillator signal of 104.49438, a Williams %R rating of 4.49438 and an awesome oscillator of -0.05297.
RETURNS FOR CANOPY GROWTH CORPORATION ($CGC): There was a daily return of -32.1334, a daily log return of 0.68584 and a cumulative return of 0.68819.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-11 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Canopy Growth Corporation ($CGC)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Canopy Growth Corporation ($CGC) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.