Trading Signals: CAN Stock Price Prediction and Forecast

^ CAN: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Fri. Apr. 16, 2021

Trading Signals: CAN Stock Price Prediction and Forecast (Thu. Nov. 21, 2019 - Fri. May. 13, 2022)

(Canaan Inc.)
CAN latest price $13.5900 (7.26%) ($13.5900 - $13.5900) on Fri. Apr. 16, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   15.91% (three month average)
RSI   46
Latest Price   $13.5900(7.26%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CAN declines -7% a day on average for past five trading days.
Weekly Trend   CAN declines -16.9% a week on average for past two weeks.
Market Behavior   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support CAN advance at 0% a week (0% probability)
BLOK(63%)    EEM(55%)    VWO(55%)    KWEB(54%)    MCHI(54%)
Factors Impacting CAN price   CAN will decline at least -7.955% in a week (0% probabilities).
VXX(-33%)    VIXM(-33%)    UUP(-18%)    SHY(-8%)    BNDX(-7%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -7.955% (StdDev 15.91%)
Hourly BBV 0.6 ()
Intraday Trend 0%

1 - 5 Day Possible Target   $-18.42(-235.54%)
Inflection Point   Yes
Resistance Level   $18.23
5 Day Moving Average   $13.44(1.12%)
10 Day Moving Average   $16.07(-15.43%)
20 Day Moving Average   $18.23(-25.45%)
To recent high   -62.6%
To recent low   167.5%
Market Cap   $2.129b

$. CAN price fluctuates within 20.13% (three month std-dev: 15.91%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210516

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_16_2021	16.16	18.23	16.07	13.44	13.59	13.13	13.59(7.26%)	DP	OpenShort	-75	0	-24	-200	-9	-67	12.5	75%	-0.25	-96.9	15.91%	0.6	-1.3	46	1.8
2	Apr_15_2021	16.2	18.97	16.88	14.45	13.77	13.09	12.67(-6.18%)	DT	OpenShort	-75	-0.4	-25	-490	-16	-53	12.39	75%	0.62	-88.5	16.03%	-1.3	-1.5	41	1.8
3	Apr_14_2021	16.1	19.9	17.7	15.71	15.26	14.05	13.51(-7.4%)	DT	OpenShort	-75	-0.5	-17	-640	-11	-34	21.98	75%	0.75	-72.3	16.05%	-0.8	-1.4	43	1.4
4	Apr_13_2021	15.98	20.66	18.47	16.73	16.63	14.45	14.59(13.37%)	DP	OpenShort	-75	-0.4	-18	-940	-15	-25	39.02	75%	0.95	-68	16%	-0.5	-1.3	39	1.7
5	Apr_12_2021	15.83	21.57	18.82	17.66	17.62	16.47	12.87(-30.91%)	DT	OpenShort	-75	-0.9	-20	-460	-18	-26	59.23	75%	-0.31	-50.2	15.99%	-1.8	-1.6	29	1.8

6	Apr_9_2021	15.88	22.65	19.34	19.01	18.86	18.8	18.62(-1.9%)	DT	OpenShort	-75	-0.1	-10	-50	-5	-25	7.95	78%	0.32	-33.4	15.39%	-0.5	-0.7	31	1.5
7	Apr_8_2021	15.83	23.49	19.31	19.69	19.11	18.78	18.98(2.15%)	DP	OpenShort	-75	-0.1	-12	-210	-4	-35	7.21	78%	0.32	-17.8	15.5%	0.3	-0.7	30	1.5
8	Apr_7_2021	15.78	24.01	19.22	20.02	19.86	18.92	18.58(-3.48%)	DT	OpenShort	-75	-0.2	-18	-360	-6	-53	7.42	78%	0.25	-12.2	15.53%	-0.9	-0.9	26	1.4
9	Apr_6_2021	15.74	24.55	19.46	20.5	20.37	19.43	19.25(-1.86%)	DT	OpenShort	-75	-0.2	-17	-340	-3	-59	9.53	78%	0.38	-4.8	15.51%	-0.6	-0.9	35	1.2
10	Apr_5_2021	15.68	24.61	19.8	20.16	20.81	20.81	19.62(-10.86%)	DT	HoldShort	-50	-0.1	-16	100	3	-72	15.14	78%	0.45	-8.4	15.5%	-1.2	-0.8	31	1.3

11	Apr_1_2021	15.61	24.69	20.53	19.66	20.29	21.32	22.01(6.69%)	DP	OpenShort	-65	0.4	-14	450	9	-81	19.81	79%	0.71	-7.4	15.36%	0.7	-0.4	32	1.3
12	Mar_31_2021	15.5	24.65	21.11	18.87	19.08	20.81	20.63(-1.76%)	DP	OpenShort	-65	0.3	-16	670	10	-92	16.77	80%	0.58	-7.4	15.48%	0.9	-0.7	27	1.2
13	Mar_30_2021	15.41	24.79	22.14	18.34	18.43	19.27	21(19.66%)	DP	OpenShort	-65	0.4	-17	330	7	-89	27.95	80%	0.65	-6.8	16%	1.8	-0.6	42	1.2
14	Mar_29_2021	15.31	24.84	22.87	18.36	17.67	17.35	17.55(2.3%)	DP	OpenShort	-75	-0.1	-31	-240	-9	-95	19.91	79%	0.26	-3.9	15.89%	-0.1	-1.2	35	1
15	Mar_26_2021	15.27	25.13	24.43	19.44	18.57	17.6	17.15(-4.96%)	DT	OpenShort	-75	-0.4	-31	-500	-16	-77	18.24	79%	0.26	2.1	15.83%	-0.6	-1.3	56	1.4

16	Mar_25_2021	15.23	25.14	26.19	21.54	19.98	18	18.05(0.53%)	DP	OpenShort	-75	-0.6	-28	-910	-21	-49	23.39	79%	0.33	4.8	15.93%	-0.7	-1.1	56	1.1
17	Mar_24_2021	15.18	25.11	28.02	23.69	22.39	19.54	17.95(-15.01%)	DT	OpenShort	-75	-0.9	-24	-1060	-26	-19	23.39	79%	0.33	13.7	16.05%	-1.9	-1.2	55	1
18	Mar_23_2021	15.13	25.2	29.28	26.49	25.09	21.97	21.12(-7.93%)	CR	SmallShort	-20	-0.9	-14	-1030	-22	12	20.44	79%	0.8	25.9	15.88%	-1.3	-0.7	55	1.1
19	Mar_22_2021	15.01	25.08	30.18	28.02	27.81	25.24	22.94(-17.08%)	N/A	N/A	0	-0.8	-7	-670	-21	36	20.41	79%	1.08	32.1	15.89%	-1.9	-0.3	60	1.9
20	Mar_19_2021	14.85	25.01	30.01	30.11	29.29	28.22	27.67(-3.84%)	UD	OpenLong	65	-0.4	2	-340	-16	55	11.16	83%	1.78	50.8	15.57%	-1.3	0.4	63	1.6

21	Mar_18_2021	14.59	24.84	29.38	31.55	30.72	30.37	28.77(-10%)	UD	OpenLong	65	-0.4	14	-160	-9	84	18.08	83%	2.03	71.9	15.66%	-0.8	0.6	74	1.2
22	Mar_17_2021	14.3	24.28	28.65	33.06	32.24	30.35	31.97(11.22%)	UD	OpenLong	65	-0.2	29	-480	-2	121	23.05	83%	2.73	92.8	15.56%	0.2	1.2	76	2.1
23	Mar_16_2021	13.92	23.68	27.73	32.54	33.34	31.08	28.74(-13.98%)	UD	OpenLong	65	-0.6	25	-400	-10	130	13.93	83%	2.35	109.2	15.56%	-1.9	0.8	69	1.9
24	Mar_15_2021	13.6	23.22	27.02	32.61	33.49	34.14	33.41(-4.16%)	UD	OpenLong	75	0.1	47	220	10	159	18.78	83%	3.34	127.2	15.38%	-0.4	1.7	74	2.4
25	Mar_12_2021	13.16	22.19	25.86	29.77	32.41	35.61	34.86(-4.05%)	UD	OpenLong	75	0.8	59	960	31	142	29.35	83%		119.9	15.21%	0.9	2.1	68	1.8
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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