| CAN latest price $5.4250 (2.46%) ($5.4250 - $5.4250) on Wed. Mar. 2, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 6.88% (three month average) |
RSI | 57 |
Latest Price | $5.4250(2.46%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 3.2% a day on average for past five trading days. |
Weekly Trend | CAN advances 1% 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(73%) MCHI(70%) FXI(69%) EEM(66%) VWO(66%) |
Factors Impacting CAN price | CAN will decline at least -3.44% in a week (0% probabilities). VIXM(-58%) VXX(-53%) UUP(-22%) TBT(-13%) EDOC(-12%) |
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 | -3.44% (StdDev 6.88%) |
Hourly BBV | 1.3 () |
Intraday Trend | 0% |
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