| CAN latest price $5.0600 (18.22%) ($4.7100 - $5.2800) on Mon. Nov. 23, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.22% (three month average) |
RSI | 90 |
Latest Price | $5.0600(18.22%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 9.9% a day on average for past five trading days. |
Weekly Trend | CAN advances 31.6% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) XLE(10%) XOP(10%) IGOV(8%) OIH(8%) XLC(6%) |
Factors Impacting CAN price | CAN will decline at least -3.11% in a week (0% probabilities). XLU(-9%) SMH(-6%) MCHI(-6%) KWEB(-6%) BWX(-6%) |
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 | -3.11% (StdDev 6.22%) |
Hourly BBV | 0 () |
Intraday Trend | 1.6% |
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