| CAN latest price $4.5350 (5.83%) ($4.5350 - $4.5350) on Tue. Feb. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.76% (three month average) |
RSI | 46 |
Latest Price | $4.5350(5.83%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 3.3% a day on average for past five trading days. |
Weekly Trend | CAN declines -12.2% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) KWEB(71%) MCHI(70%) FXI(69%) EEM(68%) VWO(67%) |
Factors Impacting CAN price | CAN will decline at least -3.38% in a week (0% probabilities). VXX(-50%) VIXM(-49%) UUP(-27%) TIP(-9%) SHY(-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 | -3.38% (StdDev 6.76%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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