| CAN latest price $13.0400 (22.44%) ($9.7880 - $13.4794) on Fri. Feb. 12, 2021. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 10.54% (three month average) |
RSI | 81 |
Latest Price | $13.0400(22.44%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 17.6% a day on average for past five trading days. |
Weekly Trend | CAN advances 45.8% 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) BLOK(67%) VWO(53%) EEM(52%) DRIV(51%) REMX(51%) |
Factors Impacting CAN price | CAN will decline at least -5.27% in a week (0% probabilities). VXX(-31%) VIXM(-25%) UUP(-19%) TLT(-8%) XLP(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -5.27% (StdDev 10.54%) |
Hourly BBV | 0 () |
Intraday Trend | 26.5% |
| |
|
|