| CAN latest price $6.0200 (6.74%) ($5.6400 - $6.0500) on Fri. Feb. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.53% (three month average) |
RSI | 64 |
Latest Price | $6.0200(6.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 5.6% a day on average for past five trading days. |
Weekly Trend | CAN advances 6.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) XOP(12%) XLE(11%) IFRA(10%) IWC(10%) OIH(10%) |
Factors Impacting CAN price | CAN will decline at least -4.765% in a week (0% probabilities). PCY(-9%) EMHY(-9%) GLD(-8%) EWY(-7%) CEMB(-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 | -4.765% (StdDev 9.53%) |
Hourly BBV | 0 () |
Intraday Trend | 6.4% |
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