Canopy Growth Stock Forward View - Accumulation Distribution
| CGC Stock | USD 1.10 0.02 1.85% |
Canopy Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Canopy Growth stock prices and determine the direction of Canopy Growth Corp's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Canopy Growth's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the relative strength index (rsi) of Canopy Growth's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
EPS Estimate Next Quarter (0.09) | EPS Estimate Current Year (0.13) | EPS Estimate Next Year 0.09 | Wall Street Target Price 1.8225 | EPS Estimate Current Quarter (0.11) |
Using Canopy Growth hype-based prediction, you can estimate the value of Canopy Growth Corp from the perspective of Canopy Growth response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Canopy Growth using Canopy Growth's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Canopy using crowd psychology based on the activity and movement of Canopy Growth's stock price.
Canopy Growth Short Interest
A significant increase or decrease in Canopy Growth's short interest from the previous month could be a good indicator of investor sentiment towards Canopy. Short interest can provide insight into the potential direction of Canopy Growth stock and how bullish or bearish investors feel about the market overall.
200 Day MA 1.3113 | Short Percent 0.0938 | Short Ratio 0.78 | Shares Short Prior Month 30.6 M | 50 Day MA 1.2456 |
Canopy Relative Strength Index
Canopy Growth Corp Hype to Price Pattern
Investor biases related to Canopy Growth's public news can be used to forecast risks associated with an investment in Canopy. The trend in average sentiment can be used to explain how an investor holding Canopy can time the market purely based on public headlines and social activities around Canopy Growth Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Canopy Growth's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Canopy Growth.
Canopy Growth Implied Volatility | 1.57 |
Canopy Growth's implied volatility exposes the market's sentiment of Canopy Growth Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Canopy Growth's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Canopy Growth stock will not fluctuate a lot when Canopy Growth's options are near their expiration.
Canopy Growth after-hype prediction price | USD 1.1 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Canopy Growth to cross-verify your projections. Prediction based on Rule 16 of the current Canopy contract
Based on the Rule 16, the options market is currently suggesting that Canopy Growth Corp will have an average daily up or down price movement of about 0.0981% per day over the life of the 2026-04-17 option contract. With Canopy Growth trading at USD 1.1, that is roughly USD 0.001079 . If you think that the market is fully incorporating Canopy Growth's daily price movement you should consider acquiring Canopy Growth Corp options at the current volatility level of 1.57%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-04-17 Canopy Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Canopy Growth's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Canopy Growth's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Canopy Growth stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Canopy Growth's open interest, investors have to compare it to Canopy Growth's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Canopy Growth is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Canopy. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Canopy Growth Additional Predictive Modules
Most predictive techniques to examine Canopy price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Canopy using various technical indicators. When you analyze Canopy charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 1.3 M | 581818.0 |
| Check Canopy Growth Volatility | Backtest Canopy Growth | Information Ratio |
Canopy Growth Trading Date Momentum
| On February 06 2026 Canopy Growth Corp was traded for 1.10 at the closing time. Highest Canopy Growth's price during the trading hours was 1.14 and the lowest price during the day was 1.08 . The net volume was 11.1 M. The overall trading history on the 6th of February did not affect price variability. The overall trading delta to current price is 0.91% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Canopy Growth to competition |
Other Forecasting Options for Canopy Growth
For every potential investor in Canopy, whether a beginner or expert, Canopy Growth's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Canopy Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Canopy. Basic forecasting techniques help filter out the noise by identifying Canopy Growth's price trends.Canopy Growth Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Canopy Growth stock to make a market-neutral strategy. Peer analysis of Canopy Growth could also be used in its relative valuation, which is a method of valuing Canopy Growth by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Canopy Growth Market Strength Events
Market strength indicators help investors to evaluate how Canopy Growth stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Canopy Growth shares will generate the highest return on investment. By undertsting and applying Canopy Growth stock market strength indicators, traders can identify Canopy Growth Corp entry and exit signals to maximize returns.
| Accumulation Distribution | 581818.0 | |||
| Daily Balance Of Power | 0.3333 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 1.11 | |||
| Day Typical Price | 1.11 | |||
| Period Momentum Indicator | 0.02 |
Canopy Growth Risk Indicators
The analysis of Canopy Growth's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Canopy Growth's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting canopy stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 4.65 | |||
| Semi Deviation | 4.85 | |||
| Standard Deviation | 8.32 | |||
| Variance | 69.26 | |||
| Downside Variance | 27.83 | |||
| Semi Variance | 23.5 | |||
| Expected Short fall | (6.29) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Canopy Growth
The number of cover stories for Canopy Growth depends on current market conditions and Canopy Growth's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Canopy Growth is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Canopy Growth's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Canopy Growth Short Properties
Canopy Growth's future price predictability will typically decrease when Canopy Growth's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Canopy Growth Corp often depends not only on the future outlook of the potential Canopy Growth's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Canopy Growth's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.6 M | |
| Cash And Short Term Investments | 131.5 M |
Check out Historical Fundamental Analysis of Canopy Growth to cross-verify your projections. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Will Pharmaceuticals sector continue expanding? Could Canopy diversify its offerings? Factors like these will boost the valuation of Canopy Growth. Projected growth potential of Canopy fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Canopy Growth data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share (1.96) | Revenue Per Share | Quarterly Revenue Growth 0.059 | Return On Assets | Return On Equity |
Investors evaluate Canopy Growth Corp using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Canopy Growth's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Canopy Growth's market price to deviate significantly from intrinsic value.
It's important to distinguish between Canopy Growth's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Canopy Growth should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Canopy Growth's market price signifies the transaction level at which participants voluntarily complete trades.