Canopy Growth Corp Stock Pattern Recognition Two Crows
| CGC Stock | USD 1.09 0.02 1.80% |
| Symbol |
Recognition |
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was twelve with a total number of output elements of fourty-nine. The function did not return any valid pattern recognition events for the selected time horizon. Two Crows is a 3-day pattern that warns about a possible future trend reversal for Canopy Growth Corp.
Canopy Growth Technical Analysis Modules
Most technical analysis of Canopy Growth help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Canopy from various momentum indicators to cycle 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 | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
About Canopy Growth Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Canopy Growth Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Canopy Growth Corp based on widely used predictive technical indicators. In general, we focus on analyzing Canopy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Canopy Growth's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Canopy Growth's intrinsic value. In addition to deriving basic predictive indicators for Canopy Growth, we also check how macroeconomic factors affect Canopy Growth price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2022 | 2023 | 2024 | 2026 (projected) | Days Sales Outstanding | 74.98 | 63.69 | 71.62 | 92.08 | PTB Ratio | 8.49 | 1.52 | 0.29 | 29.89 |
Canopy Growth Implied Volatility | 1.25 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Canopy Growth in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Canopy Growth's short interest history, or implied volatility extrapolated from Canopy Growth options trading.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Macroaxis Index Sold over 30 shares | |
 | Industrials ETFs Invested over 200 shares | |
| Sector ETFs Sold over 500 shares | |
 | ESG Investing Invested few shares | |
 | SRI Sustainable Growth Invested over 100 shares | |
 | Macroaxis Picks Invested over 100 shares | |
 | Tech Growth Invested over 200 shares | |
 | Gold and Gold Mining Invested over 200 shares | |
 | Manufacturing Invested over 500 shares | |
 | Millennials Best Invested over 90 shares | |
 | Adviser Favorites Invested over 60 shares |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canopy Growth Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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 (1.94) | 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.