| CAN latest price $6.5300 (15.99%) ($5.5000 - $6.6000) on Mon. Dec. 30, 2019. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.84% (three month average) |
RSI | 44 |
Latest Price | $6.5300(15.99%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 6.5% a day on average for past five trading days. |
Weekly Trend | CAN declines -2.6% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) VIXM(7%) LIT(6%) IBUY(5%) ONLN(5%) SHY(5%) |
Factors Impacting CAN price | CAN will decline at least -3.42% in a week (0% probabilities). BNDX(-11%) PEJ(-10%) PCY(-10%) XLE(-9%) JETS(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -3.42% (StdDev 6.84%) |
Hourly BBV | 0 () |
Intraday Trend | 14.4% |
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