Trading Signals: CAN Stock Price Prediction and Forecast

^ CAN: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Nov. 27, 2020

Trading Signals: CAN Stock Price Prediction and Forecast (Thu. Nov. 21, 2019 - Fri. May. 13, 2022)

(Canaan Inc.)
CAN latest price $5.7500 (-9.73%) ($5.5000 - $6.1200) on Fri. Nov. 27, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.69% (three month average)
RSI   86
Latest Price   $5.7500(-9.73%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CAN advances 9.4% a day on average for past five trading days.
Weekly Trend   CAN advances 51.3% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support CAN advance at 0% a week (0% probability)
IGOV(8%)    XLU(8%)    XLV(8%)    ICLN(7%)    PCY(7%)
Factors Impacting CAN price   CAN will decline at least -3.345% in a week (0% probabilities).
XLE(-11%)    OIH(-11%)    XOP(-10%)    BLOK(-7%)    XME(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility

Market Trend Strength   -3.345% (StdDev 6.69%)
Hourly BBV 0 ()
Intraday Trend -2.5%

5 Day Moving Average   $5.38(6.88%)
10 Day Moving Average   $4.36(31.88%)
20 Day Moving Average   $3.39(69.62%)
To recent high   -9.7%
To recent low   13.6%
Market Cap   $901m

$. CAN price fluctuates within 38.35% (three month std-dev: 6.69%) daily (68% of days).

Sample size 2 Average positive next day return: 5.47%(100%) Average negative next day return: 0%(0%) Sample size 2 Average positive next three day return: 0%(0%) Average negative next three day return: -25.75%(100%) Sample size 2 Average positive next weekly return: 0%(0%) Average negative next weekly return: -22.68%(100%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201227

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Nov_27_2020	5.65	3.39	4.36	5.38	5.57	5.93	5.75(-9.73%)	UD	OpenLong	75	0.3	142	560	32	473	8.52	81%	0.53	94.9	6.69%	0	1.8	86	1.1
2	Nov_25_2020	5.62	3.2	4.05	4.92	5.09	5.73	6.37(17.53%)	UT	HoldLong	65	1.2	151	980	52	446	20.07	100%	7.25	86.1	6.52%	0	2.6	92	1.3
3	Nov_24_2020	5.24	2.96	3.65	4.29	4.42	5.21	5.42(7.11%)	UT	HoldLong	65	1.2	127	1340	43	378	9.61	100%	3.56	77.5	6.23%	0	2.5	92	1.1
4	Nov_23_2020	5.06	2.78	3.34	3.87	3.9	4.46	5.06(18.22%)	UT	HoldLong	65	1.5	111	1030	41	321	11.16	100%	-12.61	74.6	6.22%	0	2.9	90	1.1
5	May_14_2020	5.79	4.98	5.4	5.79	3.9	5.84	5.97(-0.33%)	UD	OpenLong	75	0.3	24	100	2	88	0.46	50%	0	78.9	8.33%	0	1.6	74	0.8

6	May_13_2020	5.79	4.9	5.32	5.76	5.73	5.76	5.99(4.54%)	UT	OpenLong	75	0.4	33	20	9	103	0.36	32%	0.17	89.1	8.33%	0	1.8	70	0.1
7	May_12_2020	5.78	4.8	5.19	5.57	5.64	5.62	5.73(6.31%)	UT	OpenLong	75	0.3	30	10	9	94	0.46	75%	0.17	95	8.6%	0	1.8	70	1.2
8	May_11_2020	5.77	4.74	5.08	5.36	5.46	5.71	5.39(-8.49%)	UD	OpenLong	75	0.1	17	380	5	53	0.62	75%	-0.17	99.7	13.51%	0	1.3	68	2.3
9	May_8_2020	5.78	4.67	4.99	5.21	5.25	5.65	5.89(1.55%)	UT	HoldLong	65	1.4	20	560	10	51	0.9	75%	0	105.4	13.36%	0	2.5	76	2
10	May_7_2020	5.78	4.54	4.82	4.95	4.95	5.21	5.8(15.08%)	UT	OpenLong	75	1.7	12	370	5	32	1.15	75%	0	90.2	13.47%	0	2.5	63	1.4

11	May_6_2020	5.78	4.42	4.68	4.83	4.81	4.85	5.04(7.46%)	UT	OpenLong	75	0.5	8	50	2	25	0.66	72%	0.17	100.2	13.39%	0	1.4	60	0.8
12	Apr_30_2020	5.77	4.13	4.52	4.65	4.69	4.93	5.18(8.82%)	UT	HoldLong	65	0.9	13	380	6	33	0.43	63%	-8.41	74.4	13.27%	0	1.7	76	1.3
13	Mar_2_2020	6.3	5.52	5.47	5.3	5.25	5.12	5.04(-0.98%)	DT	OpenShort	-75	-0.3	-12	-200	-4	-35	0.23	57%	-0.47	-7.6	12.42%	0	-0.6	64	-1.9
14	Feb_28_2020	6.33	5.57	5.63	5.42	5.34	5.2	5.09(-5.04%)	DT	OpenShort	-75	-0.4	-8	-230	-6	-15	0.31	57%	-0.31	1.3	12.32%	0	-0.6	64	-2.8
15	Feb_27_2020	6.35	5.61	5.78	5.42	5.52	5.38	5.36(-2.55%)	UD	OpenLong	65	-0.3	1	-200	-1	8	0.45	57%	-0.31	10.9	12.41%	0	-0.3	63	-3.1

16	Feb_26_2020	6.37	5.62	6.03	5.57	5.58	5.48	5.5(0%)	UD	OpenLong	65	-0.1	6	-120	-2	31	0.33	57%	-0.16	13.2	12.4%	0	-0.1	63	-2.4
17	Feb_25_2020	6.38	5.6	5.95	5.61	5.57	5.66	5.5(-2.65%)	UD	OpenLong	65	-0.1	6	90	-2	29	0.33	55%	-0.31	11.1	12.41%	0	-0.1	61	-3.2
18	Feb_24_2020	6.4	5.58	5.87	5.66	5.67	5.68	5.65(-3.58%)	UD	OpenLong	65	-0	2	20	-5	23	0.49	55%	-0.16	7.3	12.44%	0	0.1	59	-3.1
19	Feb_21_2020	6.41	5.56	5.78	5.88	5.79	5.48	5.86(10.15%)	UD	OpenLong	65	-0	1	-420	-6	23	0.58	55%	-0.16	11.2	12.43%	0	0.4	57	-0.8
20	Feb_20_2020	6.42	5.52	5.69	6.04	6.14	5.65	5.32(-6.83%)	N/A	N/A	0	-0.8	-7	-510	-16	20	0.75	55%	-0.47	13.6	12.46%	0	-0.2	55	0.4

21	Feb_19_2020	6.45	5.52	5.66	6.58	6.49	6.09	5.71(-0.7%)	UD	OpenLong	75	-1	16	-470	4	52	1.03	55%	-0.15	27.4	12.54%	0	0.2	58	1
22	Feb_18_2020	6.46	5.51	5.61	6.32	6.61	6.64	5.75(-15.19%)	UD	OpenLong	75	-0.7	15	170	6	40	1.36	55%	-0.31	14.5	12.65%	0	0.3	62	0.8
23	Feb_14_2020	6.48	5.52	5.59	6.09	6.18	6.89	6.78(2.11%)	UT	OpenLong	75	0.8	21	850	15	37	1.93	59%	0.15	4.1	12.6%	0	1.5	68	0.9
24	Feb_13_2020	6.47	5.46	5.49	5.64	5.57	6.59	6.64(-17.41%)	UD	OpenLong	75	1.2	18	1240	16	22	4.09	59%	0	-14.6	12.71%	0	1.5	67	0.6
25	Feb_12_2020	6.47	5.4	5.39	5.29	5.07	5.47	8.04(82.73%)	UT	OpenLong	75	3.6	23	430	26	15	12	64%		-30.2	12.6%	0	3.4	74	1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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