| CAN latest price $5.1800 (8.82%) ($4.7600 - $5.2400) on Mon. May. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.27% (three month average) |
RSI | 76 |
Latest Price | $5.1800(8.82%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 3.3% a day on average for past five trading days. |
Weekly Trend | CAN advances 6.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) BND(17%) LQD(17%) SHY(17%) TLT(16%) VCIT(16%) |
Factors Impacting CAN price | CAN will decline at least -6.635% in a week (0% probabilities). TBT(-16%) XLU(-8%) EWJ(-8%) URA(-7%) EWG(-7%) |
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 | -6.635% (StdDev 13.27%) |
Hourly BBV | 0 () |
Intraday Trend | 5.3% |
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