Trading Signals: CGC Stock Price Prediction and Forecast

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

Thu. Sep. 27, 2018

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

(Canopy Growth Corporation)
CGC latest price $49.4200 (-4.92%) ($48.9000 - $51.0400) on Thu. Sep. 27, 2018.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.19% (three month average)
RSI   48
Latest Price   $49.4200(-4.92%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CGC declines -1.2% a day on average for past five trading days.
Weekly Trend   CGC advances 1.4% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support CGC advance at 0% a week (0% probability)
IBUY(48%)    ARKK(47%)    IWC(47%)    IWO(47%)    ACES(45%)
Factors Impacting CGC price   CGC will decline at least -3.095% in a week (0% probabilities).
VXX(-17%)    TLT(-14%)    VIXM(-12%)    UUP(-11%)    SHY(-3%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.095% (StdDev 6.19%)
Hourly BBV 0 ()
Intraday Trend -3%

Resistance Level   $50.11
5 Day Moving Average   $51.28(-3.63%)
10 Day Moving Average   $50.65(-2.43%)
20 Day Moving Average   $50.11(-1.38%)
To recent high   -6.3%
To recent low   103.3%
Market Cap   $18.328b

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 5.31% (three month std-dev: 6.19%) daily (68% of days).

Sample size 3 Average positive next day return: 0.75%(33%) Average negative next day return: -0.16%(67%) Sample size 3 Average positive next three day return: 7.06%(67%) Average negative next three day return: -1.97%(33%) Sample size 3 Average positive next weekly return: 5.43%(67%) Average negative next weekly return: -0.99%(33%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20181027

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	Sep_27_2018	34.04	50.11	50.65	51.28	51.64	51.25	49.42(-4.92%)	N/A	N/A	0	-0.7	-12	-30	-18	6	14.66	68%	0.77	62.9	6.19%	0	-0.3	48	1.3
2	Sep_26_2018	33.78	49.99	50.19	51.88	51.7	53	51.98(-1.44%)	UD	OpenLong	75	0	13	170	13	14	7.55	68%	0.9	78.4	6.32%	0	0.7	53	1.3
3	Sep_25_2018	33.48	49.57	50.06	51.35	51.33	52.03	52.74(0.46%)	UT	OpenLong	75	0.4	15	90	17	8	12.93	66%	0.9	73.4	6.31%	0	1	52	1.4
4	Sep_24_2018	33.18	49.25	49.86	51.18	50.8	50.39	52.5(5.46%)	N/A	N/A	0	0.4	2	-80	3	-1	11.71	66%	0.91	87.3	6.36%	0	1.1	51	1.7
5	Sep_21_2018	32.88	48.87	49.78	50.4	50.88	50.63	49.78(-5%)	UD	OpenLong	75	-0.2	1	-10	1	1	11.5	64%	0.83	98.1	6.45%	0	0.3	60	2.3

6	Sep_20_2018	32.61	48.49	49.94	49.89	50.47	51.21	52.4(6.18%)	UT	OpenLong	75	0.7	18	140	19	15	19.08	65%	0.93	99.6	6.43%	0	1.1	65	2.6
7	Sep_19_2018	32.31	47.9	49.73	48.22	48.75	51.14	49.35(-4.89%)	UD	OpenLong	75	0.3	10	380	13	2	36.44	65%	0.84	89.3	6.43%	0	0.4	58	2.6
8	Sep_18_2018	32.04	47.4	49.73	48.56	47.77	49.72	51.89(6.77%)	UT	OpenLong	75	0.8	28	240	28	27	21.03	65%	0.91	100.8	6.4%	0	1.1	66	1.6
9	Sep_17_2018	31.75	46.71	49.98	48.42	47.7	46.35	48.6(2.99%)	UD	OpenLong	65	0	3	-240	-4	24	15.84	64%	0.86	106	6.37%	0	0.4	56	1.1
10	Sep_14_2018	31.48	46.02	49.76	49.15	48.36	45.81	47.19(7.08%)	N/A	N/A	0	-0.4	-26	-420	-41	19	22.43	63%	0.87	103.1	6.36%	0	0.2	57	1.9

11	Sep_13_2018	31.21	45.28	49.57	50.02	50.41	49.06	44.07(-13.67%)	N/A	N/A	0	-1	-9	-160	-26	42	20.48	61%	0.74	96.9	6.35%	0	-0.2	59	1.6
12	Sep_12_2018	30.98	44.75	49.9	51.34	51.19	50.92	51.05(-0.31%)	UD	OpenLong	65	-0	16	-50	-7	83	11.72	66%	0.98	100.5	6.09%	0	0.9	73	1
13	Sep_11_2018	30.68	43.49	49.16	51.53	51.04	51.77	51.21(-1.99%)	UD	OpenLong	65	-0	25	70	-1	101	10.59	66%	0.99	88.2	6.09%	0	1	75	0.9
14	Sep_10_2018	30.38	42.31	48.68	51.77	51.53	51.47	52.25(1.4%)	UT	HoldLong	65	0.1	50	-20	21	137	10.66	66%	0.96	85.6	6.1%	0	1.2	78	0.2
15	Sep_7_2018	30.09	41.12	47.94	50.46	50.86	50.32	51.53(1.7%)	UT	HoldLong	65	0.1	41	-50	6	144	13.1	66%	0.94	81.4	6.1%	0	1.2	82	-0.7

16	Sep_6_2018	29.81	39.97	46.95	49.05	49.49	51.59	50.67(-2.56%)	UD	OpenLong	75	0.2	50	320	14	158	17.1	66%	0.91	78.2	6.13%	0	1.3	84	-0.4
17	Sep_5_2018	29.54	38.81	45.92	48.2	48.16	51.41	52(-0.76%)	UD	OpenLong	75	0.4	89	470	55	190	37.71	66%	0.99	77.2	6.11%	0	1.6	82	0.3
18	Sep_4_2018	29.25	37.51	44.58	46.44	46.15	47.4	52.4(14.61%)	UT	HoldLong	65	0.7	78	170	37	202	23.3	67%	1.18	72.5	6.11%	0	1.8	88	0.5
19	Aug_31_2018	28.91	36.17	43.06	45.22	44.56	44.91	45.72(2.79%)	UT	HoldLong	50	0.1	54	10	-1	219	14.13	64%	0.84	72.1	5.85%	0	1.2	79	0.1
20	Aug_30_2018	28.67	35.18	41.92	45.08	44.96	44.9	44.48(-4.14%)	UD	OpenLong	75	-0.1	71	-20	11	252	15.2	64%	0.77	74.5	5.86%	0	1.2	74	0.8

21	Aug_29_2018	28.45	34.27	40.64	44.49	44.78	44.2	46.4(7.41%)	UT	HoldLong	65	0.3	73	-70	9	265	14.13	65%	0.89	75.4	5.83%	0	1.6	76	1.3
22	Aug_28_2018	28.2	33.21	39.22	43.22	43.72	45.01	43.2(-6.74%)	UD	OpenLong	75	-0	76	240	10	274	21.79	63%	0.82	74.8	5.79%	0	1.4	75	1
23	Aug_27_2018	27.97	32.34	37.45	42.32	42.62	45.37	46.32(2.93%)	UT	HoldLong	65	0.6	110	470	51	288	22.46	66%	0.9	75.4	5.75%	0	2.1	81	0.9
24	Aug_24_2018	27.72	31.28	35.48	40.56	40.61	42.43	45(8.38%)	UT	HoldLong	65	0.7	107	320	53	269	24.27	62%	0.84	75.8	5.79%	0	2.3	80	1
25	Aug_23_2018	27.49	30.25	33.75	38.31	38.61	39.87	41.52(3.59%)	UT	HoldLong	65	0.6	90	250	41	237	17.52	60%		74.8	5.79%	0	2.1	78	1
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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