| CAN latest price $5.8250 (-9.62%) ($5.8250 - $5.8250) on Fri. Mar. 25, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 9.05% (three month average) |
RSI | 57 |
Latest Price | $5.8250(-9.62%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 1.9% a day on average for past five trading days. |
Weekly Trend | CAN advances 12.7% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Rotation from growth to value for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) EEM(77%) KWEB(77%) VWO(76%) FXI(74%) MCHI(74%) |
Factors Impacting CAN price | CAN will decline at least -4.525% in a week (0% probabilities). VIXM(-97%) VXX(-77%) UUP(-24%) SHY(-21%) TBT(-17%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -4.525% (StdDev 9.05%) |
Hourly BBV | -1.3 () |
Intraday Trend | 0% |
| |
|
|