| CAN latest price $5.8900 (1.55%) ($5.5500 - $5.9900) on Fri. May. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 13.36% (three month average) |
RSI | 76 |
Latest Price | $5.8900(1.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 5.3% a day on average for past five trading days. |
Weekly Trend | CAN advances 10.5% 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) ARKG(16%) ARKK(13%) IPO(13%) IBB(11%) XBI(11%) |
Factors Impacting CAN price | CAN will decline at least -6.68% in a week (0% probabilities). XLP(-7%) XLF(-5%) VYM(-5%) IVE(-4%) XLI(-3%) |
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 | -6.68% (StdDev 13.36%) |
Hourly BBV | 0 () |
Intraday Trend | -1% |
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