Canopy Growth Corporation technical analysis
Technical analysis of Canopy Growth Corporation (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Canopy Growth Corporation
Canopy Growth Corporation is a Canadian company that produces and commercializes cannabis and cannabis-related products for medical and adult use in Canada, Germany, the United States, and internationally. The company offers a range of products including dried flower, pre-rolled joints, oils, vaporizers, edibles, and beverages, along with operating online distribution platforms and a virtual medical cannabis clinic. It operates through the Cannabis and Storz & Bickel segments, selling its products under numerous brands including Tweed, 7ACRES, Spectrum Therapeutics, and Wana.
Description generated automatically from public sources; it may be inaccurate or out of date.
Canopy Growth Corporation: latest session data
Closing values for September 4, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
1.01 $
−3.41%
50 sessions
0.97 $
+0.46%
200 sessions
1.08 $
−10.26%
Session levels
s2
0.95
Support
s1
0.96
Support
pivot
0.97
Pivot
r1
0.99
Resistance
r2
1.00
Resistance
How to read it
In the September 4, 2026 session Canopy Growth Corporation closed higher at 0.97 $, +0.00% versus the previous session.
The price sits mixed against its moving averages: −3.41% against the 21-session average, +0.46% against the 50 and −10.26% against the 200.
The 14-period RSI reads 45.5, in neutral territory.
MACD stands at 0.003 against a signal line at 0.012: the histogram is negative (−0.009).
ADX reads 17.8, indicating weak directionality.
Levels computed on the latest session place supports at 0.96 and 0.95 $ and resistances at 0.99 and 1.00 $, around a pivot of 0.97.
The average daily range (ATR) is 0.038 $, or 3.88% of price.
Turnover was 1.9M shares, 48% of the 20-session average.
Over the last twelve months the price ranged between 0.84 and 1.50 $, and today stands −35.13% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
FAQ about Canopy Growth Corporation
How is Canopy Growth Corporation analysed technically?
Technical analysis of Canopy Growth Corporation is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Canopy Growth Corporation?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Canopy Growth Corporation?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Canopy Growth Corporation it helps frame the technical structure of the historical chart and is not a forecast.
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