| CAN latest price $6.4900 (6.05%) ($6.0100 - $6.5800) on Thu. Jan. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.36% (three month average) |
RSI | 79 |
Latest Price | $6.4900(6.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 1.7% a day on average for past five trading days. |
Weekly Trend | CAN advances 9.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) IBUY(6%) LIT(6%) VIXM(6%) ONLN(5%) SHY(5%) |
Factors Impacting CAN price | CAN will decline at least -3.18% in a week (0% probabilities). PEJ(-10%) PCY(-10%) BNDX(-10%) XAR(-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 | -3.18% (StdDev 6.36%) |
Hourly BBV | 0 () |
Intraday Trend | 3.8% |
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