| CAN latest price $5.2000 (-0.76%) ($5.2000 - $5.2000) on Tue. Jan. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.57% (three month average) |
RSI | 42 |
Latest Price | $5.2000(-0.76%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 1.2% a day on average for past five trading days. |
Weekly Trend | CAN declines -2% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) KWEB(69%) MCHI(69%) EEM(68%) FXI(68%) VWO(68%) |
Factors Impacting CAN price | CAN will decline at least -3.285% in a week (0% probabilities). VXX(-52%) VIXM(-51%) UUP(-24%) SHY(-10%) TIP(-9%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | |
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Market Trend Strength | -3.285% (StdDev 6.57%) |
Hourly BBV | -0.5 () |
Intraday Trend | 0% |
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