| CAN latest price $5.6850 (12.02%) ($5.6850 - $5.6850) on Fri. Jan. 14, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.84% (three month average) |
RSI | 54 |
Latest Price | $5.6850(12.02%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 4% a day on average for past five trading days. |
Weekly Trend | CAN advances 1.1% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) KWEB(71%) MCHI(69%) EEM(68%) FXI(68%) VWO(68%) |
Factors Impacting CAN price | CAN will decline at least -3.42% in a week (0% probabilities). VXX(-53%) VIXM(-52%) UUP(-25%) 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 | -3.42% (StdDev 6.84%) |
Hourly BBV | 2.8 () |
Intraday Trend | 0% |
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