| CAN latest price $5.3800 (10.93%) ($5.0800 - $5.3800) on Tue. Feb. 15, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.69% (three month average) |
RSI | 69 |
Latest Price | $5.3800(10.93%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 2.6% a day on average for past five trading days. |
Weekly Trend | CAN advances 11.8% 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(67%) VWO(66%) |
Factors Impacting CAN price | CAN will decline at least -3.345% in a week (0% probabilities). VIXM(-50%) VXX(-49%) UUP(-26%) TBT(-11%) SHY(-8%) |
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 | -3.345% (StdDev 6.69%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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