| CAN latest price $5.1200 (-1.92%) ($5.1200 - $5.1200) on Wed. Jan. 19, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.8% (three month average) |
RSI | 56 |
Latest Price | $5.1200(-1.92%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 0.6% a day on average for past five trading days. |
Weekly Trend | CAN advances 2.3% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) KWEB(71%) MCHI(70%) EEM(68%) FXI(68%) VWO(68%) |
Factors Impacting CAN price | CAN will decline at least -3.4% in a week (0% probabilities). VXX(-54%) VIXM(-51%) UUP(-27%) SHY(-11%) TIP(-10%) |
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 | -3.4% (StdDev 6.8%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
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