| CAN latest price $34.8600 (-4.05%) ($34.8600 - $34.8600) on Fri. Mar. 12, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 15.21% (three month average) |
RSI | 68 |
Latest Price | $34.8600(-4.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 11% a day on average for past five trading days. |
Weekly Trend | CAN advances 32.7% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) BLOK(65%) VWO(55%) EEM(54%) KWEB(54%) TAN(54%) |
Factors Impacting CAN price | CAN will decline at least -7.605% in a week (0% probabilities). VXX(-31%) VIXM(-30%) UUP(-21%) XLP(-7%) SHY(-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 | -7.605% (StdDev 15.21%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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