Trading Signals: CAN Stock Price Prediction and Forecast

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

Mon. Nov. 8, 2021

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

(Canaan Inc.)
CAN latest price $10.2700 (17.64%) ($10.2700 - $10.2700) on Mon. Nov. 8, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   6.63% (three month average)
RSI   72
Latest Price   $10.2700(17.64%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CAN advances 3% a day on average for past five trading days.
Weekly Trend   CAN advances 5.2% a week on average for past two weeks.
Market Behavior   Normal for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support CAN advance at 0% a week (0% probability)
KWEB(67%)    MCHI(67%)    VWO(66%)    EEM(65%)    FXI(65%)
Factors Impacting CAN price   CAN will decline at least -3.315% in a week (0% probabilities).
VIXM(-48%)    VXX(-45%)    UUP(-18%)    SHY(-14%)    BNDX(-11%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -3.315% (StdDev 6.63%)
Hourly BBV 1.6 ()
Intraday Trend 0%

5 Day Moving Average   $9.33(10.08%)
10 Day Moving Average   $9.06(13.36%)
20 Day Moving Average   $8.31(23.59%)
To recent high   0%
To recent low   85.5%
Market Cap   $1.609b

$. CAN price fluctuates within 14.08% (three month std-dev: 6.63%) daily (68% of days).

Sample size 31 Average positive next day return: 5.35%(48%) Average negative next day return: -2.73%(52%) Sample size 31 Average positive next three day return: 8.63%(58%) Average negative next three day return: -7.34%(42%) Sample size 31 Average positive next weekly return: 10.58%(61%) Average negative next weekly return: -6.29%(39%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20211208

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	Nov_8_2021	7.79	8.31	9.06	9.33	9.36	9.5	10.27(17.64%)	UT	OpenLong	75	0.8	24	110	14	53	9.67	62%	0.13	64.6	6.63%	1.6	1.7	72	1
2	Nov_5_2021	7.78	8.13	8.94	9.06	9.09	9.02	8.73(-6.13%)	UD	OpenLong	65	-0.3	15	-40	-1	61	5.35	60%	-0.13	61.6	6.37%	-1	0.5	72	1
3	Nov_4_2021	7.79	8.01	8.9	9.04	9.15	9.22	9.3(1.69%)	UT	HoldLong	65	0.2	25	90	5	83	6.94	60%	0	60.3	6.33%	1.1	1.1	78	1.3
4	Nov_3_2021	7.79	7.88	8.83	8.94	8.98	9.17	9.15(-0.54%)	UD	OpenLong	75	0.2	31	160	6	106	4.91	60%	-0.13	61.6	6.33%	0.6	1.1	78	1.3
5	Nov_2_2021	7.8	7.75	8.78	8.81	8.89	9.07	9.2(2.74%)	UT	HoldLong	65	0.3	36	170	5	127	8.66	63%	-0.13	64.2	6.33%	1.4	1.3	78	1.3

6	Nov_1_2021	7.81	7.62	8.61	8.75	8.71	8.79	8.95(3.71%)	UT	HoldLong	50	0.2	33	50	-1	135	6.14	63%	0	69.5	6.48%	0.3	1.2	75	1.2
7	Oct_29_2021	7.81	7.48	8.39	8.81	8.7	8.71	8.63(-1.88%)	UD	OpenLong	75	-0.2	39	-30	3	148	2.97	63%	0	75	6.47%	-1	1.1	70	1.2
8	Oct_28_2021	7.81	7.37	8.2	8.72	8.86	8.64	8.8(3.78%)	UT	OpenLong	75	0.1	38	-130	1	150	3.65	67%	-0.13	75.3	6.49%	-0.5	1.3	75	1.2
9	Oct_27_2021	7.82	7.23	7.96	8.7	8.7	8.69	8.48(-4.88%)	UD	OpenLong	65	-0.2	33	-10	-4	142	3.91	63%	-0.13	68	6.91%	-1.7	1.2	68	1.1
10	Oct_26_2021	7.83	7.09	7.76	8.74	8.75	9.08	8.91(-3.57%)	UD	OpenLong	75	0.2	48	270	13	154	5.04	66%	-0.13	61.5	7.02%	0.5	1.7	71	1.2

11	Oct_25_2021	7.84	6.92	7.51	8.44	8.7	8.71	9.24(12.96%)	UT	OpenLong	75	0.8	51	100	23	136	8.54	66%	-0.25	48.7	7.22%	1.6	2.3	75	1.4
12	Oct_22_2021	7.86	6.75	7.24	7.91	8.18	8.43	8.18(-5.71%)	UD	OpenLong	75	0.3	35	320	12	104	4.54	64%	-0.38	27.3	7.12%	-1.3	1.7	73	1.5
13	Oct_21_2021	7.89	6.64	7.05	7.58	7.79	8.68	8.68(-0.12%)	UD	OpenLong	75	1.4	41	880	26	86	9.21	66%	-0.13	7.2	7.11%	1	2.6	76	1.8
14	Oct_20_2021	7.9	6.57	6.83	7.11	7.25	7.94	8.69(17.36%)	UT	HoldLong	65	2.3	37	730	29	59	22.63	66%	-0.25	-14.4	7.33%	1.6	3.1	78	1.7
15	Oct_19_2021	7.92	6.49	6.61	6.64	6.66	6.91	7.4(11.7%)	UT	HoldLong	65	1.5	17	270	11	34	7.59	63%	0	-60.5	7.04%	1.5	1.8	78	1.9

16	Oct_18_2021	7.92	6.47	6.51	6.46	6.45	6.56	6.63(1.92%)	UT	OpenLong	75	0.3	7	110	0	28	10.06	61%	-0.25	-82.8	6.9%	0.5	0.3	69	2.1
17	Oct_15_2021	7.94	6.53	6.48	6.48	6.42	6.42	6.5(2.6%)	UT	OpenLong	75	0	10	-30	2	34	7.71	58%	-0.38	-71.9	6.98%	0.2	-0.1	59	2
18	Oct_14_2021	7.97	6.58	6.47	6.44	6.47	6.35	6.34(-0.31%)	UD	OpenLong	65	-0.2	6	-120	-3	34	2.82	58%	-0.25	-74.2	6.99%	0	-0.4	55	1.9
19	Oct_13_2021	7.99	6.67	6.46	6.5	6.46	6.42	6.36(-1.93%)	UD	OpenLong	65	-0.2	2	-60	-4	20	3.32	58%	-0.25	-66.3	6.99%	-0.9	-0.4	38	1.5
20	Oct_12_2021	8.01	6.8	6.38	6.56	6.54	6.6	6.48(-3.5%)	UD	OpenLong	75	-0.1	1	60	0	5	3.42	58%	-0.12	-54.3	7.01%	-0.4	-0.4	43	1.4

21	Oct_11_2021	8.02	6.9	6.31	6.57	6.58	6.51	6.72(6.67%)	N/A	N/A	0	0.2	0	-70	4	-12	6.67	58%	-0.12	-53.5	6.99%	1.3	-0.2	45	1.3
22	Oct_8_2021	8.03	6.98	6.24	6.49	6.58	6.47	6.3(-5.34%)	DT	OpenShort	-75	-0.2	-13	-50	-2	-44	3.7	58%	-0.37	-56.5	6.95%	-2.3	-0.7	34	1.9
23	Oct_7_2021	8.06	7.11	6.22	6.51	6.54	6.65	6.65(0.15%)	DP	OpenShort	-65	0.1	-11	130	5	-58	4.43	58%	-0.25	-54.6	6.99%	0.3	-0.4	40	1.4
24	Oct_6_2021	8.08	7.19	6.3	6.41	6.47	6.6	6.64(1.14%)	DP	OpenShort	-65	0.2	-8	170	12	-68	6.24	58%	-0.37	-59.1	7.03%	0.9	-0.5	36	0.7
25	Oct_5_2021	8.11	7.33	6.35	6.18	6.35	6.43	6.57(4.46%)	DP	OpenShort	-65	0.3	-18	170	10	-102	4.34	58%		-59.4	7.04%	1.5	-0.6	30	0.5
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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