Trading Signals: CAN Stock Price Prediction and Forecast

^ CAN: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Feb. 12, 2020

Trading Signals: CAN Stock Price Prediction and Forecast (Thu. Nov. 21, 2019 - Fri. May. 13, 2022)

(Canaan Inc.)
CAN latest price $8.0400 (82.73%) ($4.4100 - $8.6900) on Wed. Feb. 12, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   12.6% (three month average)
RSI   74
Latest Price   $8.0400(82.73%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CAN advances 13.3% 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)
XLF(13%)    XLV(13%)    IVE(12%)    VYM(12%)    XRT(12%)
Factors Impacting CAN price   CAN will decline at least -6.3% in a week (0% probabilities).
IGOV(-17%)    TLT(-8%)    SLV(-7%)    SIL(-6%)    BNDX(-6%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility

Market Trend Strength   -6.3% (StdDev 12.6%)
Hourly BBV 0 ()
Intraday Trend 81.9%

1 - 5 Day Possible Target   $-23.47(-391.92%)
5 Day Moving Average   $5.29(51.98%)
10 Day Moving Average   $5.39(49.17%)
20 Day Moving Average   $5.4(48.89%)
To recent high   -10.6%
To recent low   59.2%
Market Cap   $1.26b

$. CAN price fluctuates within 14.26% (three month std-dev: 12.6%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200312

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Feb_12_2020	6.47	5.4	5.39	5.29	5.07	5.47	8.04(82.73%)	UT	OpenLong	75	3.6	23	430	26	15	12	64%	0.62	-30.2	12.6%	0	3.4	74	1
2	Feb_4_2020	6.43	5.69	5.38	5.64	5.67	5.5	5.11(-8.42%)	DT	OpenShort	-75	-1.1	-5	-190	-2	-13	0.28	42%	-0.46	-23.1	6.02%	0	-1.2	38	-0.7
3	Feb_3_2020	6.46	5.73	5.44	5.63	5.69	5.81	5.58(-7%)	N/A	N/A	0	-0.1	0	180	8	-23	0.22	45%	-0.31	-22.7	5.99%	0	-0.3	39	-1.4
4	Jan_31_2020	6.48	5.73	5.47	5.51	5.53	5.84	6(2.39%)	N/A	N/A	0	1	2	400	15	-39	0.26	47%	-0.15	-24.8	5.98%	0	0.5	42	-2.4
5	Jan_30_2020	6.49	5.76	5.44	5.33	5.3	5.56	5.86(3.35%)	DP	OpenShort	-65	1.1	-7	330	14	-68	0.17	47%	-0.31	-32.5	6.03%	0	0.2	40	-0.4

6	Jan_29_2020	6.51	5.77	5.41	5.17	5.14	5.21	5.67(12.28%)	DP	OpenShort	-65	1	-18	80	7	-92	0.09	47%	-0.31	-33.7	6.06%	0	-0.2	44	-0.7
7	Jan_28_2020	6.53	5.81	5.44	5.09	5.09	5.05	5.05(1.2%)	DP	OpenShort	-75	-0.1	-34	-60	-9	-107	0.06	41%	-0.61	-23	5.8%	0	-1.6	40	-0.7
8	Jan_24_2020	6.57	5.88	5.73	5.42	5.42	5.13	5.07(-0.2%)	DT	OpenShort	-75	-0.8	-24	-370	-11	-64	0.04	41%	-0.61	15.5	5.92%	0	-1.9	36	0
9	Jan_23_2020	6.61	5.91	5.87	5.56	5.63	5.35	5.08(-3.05%)	DT	OpenShort	-75	-1.2	-19	-310	-10	-44	0.09	41%	-0.6	32.8	5.99%	0	-2.1	37	1.2
10	Jan_22_2020	6.65	5.93	5.98	5.67	5.77	5.71	5.24(-8.07%)	DT	OpenShort	-75	-1.2	-18	-20	-12	-34	0.81	41%	-0.6	55.8	6.06%	0	-2	38	1.1

11	Jan_21_2020	6.69	5.92	6.05	5.85	5.86	5.92	5.7(-5%)	DT	OpenShort	-75	-0.5	-13	80	-8	-27	0.13	45%	-0.3	74	6.03%	0	-0.7	37	1.4
12	Jan_17_2020	6.71	5.87	6.07	6	5.96	5.84	6(3.81%)	DP	OpenShort	-75	0	-6	-160	-5	-10	0.08	45%	-0.45	52.4	6.08%	0	0.3	58	1.9
13	Jan_16_2020	6.74	5.81	6.08	6.09	6.09	5.81	5.78(2.85%)	N/A	N/A	0	-0.6	-7	-320	-11	4	0.09	45%	-0.3	35.4	6.11%	0	-0.1	57	2.2
14	Jan_15_2020	6.76	5.79	6.11	6.24	6.28	6.09	5.62(-8.47%)	N/A	N/A	0	-1.1	-0	-190	-8	23	0.24	45%	-0.59	28	6.16%	0	-0.3	53	2
15	Jan_14_2020	6.8	5.74	6.17	6.34	6.39	6.36	6.14(-4.66%)	UD	OpenLong	75	-0.3	15	-10	3	50	0.13	49%	-0.29	12.1	6.12%	0	0.7	67	2.3

16	Jan_13_2020	6.82	5.7	6.2	6.27	6.32	6.47	6.44(-0.77%)	UD	OpenLong	75	0.3	24	190	7	74	0.06	49%	-0.15	-9.4	6.17%	0	1.2	77	2.5
17	Jan_10_2020	6.83	5.66	6.12	6.16	6.18	6.42	6.49(0%)	UT	HoldLong	50	0.5	25	280	7	80	0.25	49%	-0.29	-29.5	6.26%	0	1.3	79	1.4
18	Jan_9_2020	6.85	5.66	6.03	6.08	6.06	6.16	6.49(6.05%)	UT	HoldLong	65	0.7	28	110	7	89	0.19	49%	-0.15	-48.3	6.36%	0	1.5	79	1.4
19	Jan_8_2020	6.86	5.63	5.95	6.08	6	5.95	6.12(5.15%)	UT	OpenLong	75	0.2	22	-50	-0	89	0.12	49%	-0.44	-67	6.34%	0	0.9	64	0.7
20	Jan_7_2020	6.89	5.67	5.87	5.98	5.99	5.96	5.82(-1.02%)	UD	OpenLong	65	-0.3	19	-30	-8	100	0.08	49%	-0.58	-70.6	6.34%	0	0.3	68	0.6

21	Jan_6_2020	6.93	5.76	5.78	6.12	6.09	6.06	5.88(-3.13%)	UD	OpenLong	75	-0.3	31	-50	3	115	0.09	49%	-0.57	-58.9	6.45%	0	0.2	59	0.6
22	Jan_3_2020	6.97	5.85	5.66	6.07	6.11	6.02	6.07(0.83%)	UT	OpenLong	75	0	28	-80	5	95	0.16	49%	-0.57	-52.4	6.55%	0	0.3	54	0.5
23	Jan_2_2020	7.01	5.93	5.52	5.97	5.99	6.13	6.02(-1.31%)	UD	OpenLong	75	0.1	17	170	3	60	0.23	49%	-0.57	-49.3	6.66%	0	0.1	49	1.3
24	Dec_31_2019	7.05	6.03	5.44	5.91	5.94	6.19	6.1(-6.58%)	UD	OpenLong	75	0.2	18	310	12	35	0.12	49%	-0.56	-43.4	6.79%	0	0.1	46	0.9
25	Dec_30_2019	7.09	6.13	5.29	5.74	5.74	5.86	6.53(15.99%)	RB	SmallLong	20	0.6	12	150	21	-14	0.39	49%		-45.3	6.84%	0	0.3	44	0.4
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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