| CAN latest price $17.3300 (-15.46%) ($15.6500 - $19.3800) on Thu. Feb. 18, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.15% (three month average) |
RSI | 87 |
Latest Price | $17.3300(-15.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 12.6% a day on average for past five trading days. |
Weekly Trend | CAN advances 96.1% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) BLOK(67%) VWO(53%) EEM(52%) REMX(51%) ACES(50%) |
Factors Impacting CAN price | CAN will decline at least -6.075% in a week (0% probabilities). VXX(-31%) VIXM(-26%) UUP(-19%) TLT(-8%) XLP(-6%) |
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 | -6.075% (StdDev 12.15%) |
Hourly BBV | 0 () |
Intraday Trend | -4.3% |
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