| CAN latest price $5.1500 (5.53%) ($4.7600 - $5.1800) on Tue. Feb. 2, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.56% (three month average) |
RSI | 44 |
Latest Price | $5.1500(5.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 1% a day on average for past five trading days. |
Weekly Trend | CAN declines -3.3% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) IYT(12%) CEMB(10%) SDY(10%) XLP(10%) SPLV(9%) |
Factors Impacting CAN price | CAN will decline at least -4.78% in a week (0% probabilities). ICLN(-15%) ACES(-9%) TAN(-8%) SLV(-8%) GDXJ(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -4.78% (StdDev 9.56%) |
Hourly BBV | 0 () |
Intraday Trend | 5.5% |
| |
|
|