| CAN latest price $20.6250 (-1.76%) ($20.6250 - $20.6250) on Wed. Mar. 31, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 15.48% (three month average) |
RSI | 27 |
Latest Price | $20.6250(-1.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 2.9% a day on average for past five trading days. |
Weekly Trend | CAN declines -24.7% a week on average for past two weeks. |
Market Behavior | Rotation from value to growth for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) BLOK(63%) EEM(54%) KWEB(54%) VWO(54%) MCHI(53%) |
Factors Impacting CAN price | CAN will decline at least -7.74% in a week (0% probabilities). VIXM(-32%) VXX(-31%) UUP(-16%) SHY(-8%) BNDX(-8%) |
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 | -7.74% (StdDev 15.48%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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