| CAN latest price $10.6500 (28.78%) ($8.8200 - $11.1400) on Thu. Feb. 11, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 10.25% (three month average) |
RSI | 79 |
Latest Price | $10.6500(28.78%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 14.4% a day on average for past five trading days. |
Weekly Trend | CAN advances 31.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) BLOK(67%) VWO(53%) EEM(52%) DRIV(51%) REMX(51%) |
Factors Impacting CAN price | CAN will decline at least -5.125% in a week (0% probabilities). VXX(-31%) VIXM(-25%) UUP(-19%) TLT(-9%) XLU(-5%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -5.125% (StdDev 10.25%) |
Hourly BBV | 0 () |
Intraday Trend | 18.3% |
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