| CAN latest price $4.7200 (-1.26%) ($4.7200 - $4.7200) on Tue. Feb. 8, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.53% (three month average) |
RSI | 45 |
Latest Price | $4.7200(-1.26%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 0.7% a day on average for past five trading days. |
Weekly Trend | CAN advances 0.9% 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(72%) MCHI(70%) FXI(69%) EEM(68%) VWO(67%) |
Factors Impacting CAN price | CAN will decline at least -3.265% in a week (0% probabilities). VXX(-51%) VIXM(-50%) UUP(-27%) TBT(-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 | -3.265% (StdDev 6.53%) |
Hourly BBV | 0.3 () |
Intraday Trend | 0% |
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