| CAN latest price $5.6100 (8.93%) ($5.0500 - $6.0700) on Wed. Feb. 3, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.6% (three month average) |
RSI | 54 |
Latest Price | $5.6100(8.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 4.6% a day on average for past five trading days. |
Weekly Trend | CAN advances 0.4% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Value 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 -4.8% 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. |
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Relative Volatility | |
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Market Trend Strength | -4.8% (StdDev 9.6%) |
Hourly BBV | 0 () |
Intraday Trend | 9.6% |
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