| CAN latest price $5.8000 (15.08%) ($5.1000 - $5.8000) on Thu. May. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 13.47% (three month average) |
RSI | 63 |
Latest Price | $5.8000(15.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 2.5% a day on average for past five trading days. |
Weekly Trend | CAN advances 6.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock rally for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) IGOV(11%) ONLN(9%) PCY(9%) IWM(8%) IFRA(7%) |
Factors Impacting CAN price | CAN will decline at least -6.735% in a week (0% probabilities). TIP(-9%) TLT(-5%) SMH(-4%) GLD(-4%) EWY(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | |
| |
Market Trend Strength | -6.735% (StdDev 13.47%) |
Hourly BBV | 0 () |
Intraday Trend | 12.6% |
| |
|
|