| CAN latest price $5.0800 (12.64%) ($4.6000 - $5.3700) on Thu. Jan. 28, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.52% (three month average) |
RSI | 33 |
Latest Price | $5.0800(12.64%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 1.2% a day on average for past five trading days. |
Weekly Trend | CAN declines -7.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) SLV(9%) OIH(8%) BNDX(7%) EDOC(7%) GLD(7%) |
Factors Impacting CAN price | CAN will decline at least -4.76% in a week (0% probabilities). UNG(-7%) EWI(-7%) BOTZ(-7%) XLY(-6%) TBT(-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 | -4.76% (StdDev 9.52%) |
Hourly BBV | 0 () |
Intraday Trend | 4.3% |
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