| CAN latest price $5.9900 (4.54%) ($5.5600 - $6.0000) on Wed. May. 13, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.33% (three month average) |
RSI | 70 |
Latest Price | $5.9900(4.54%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 3.4% a day on average for past five trading days. |
Weekly Trend | CAN advances 13.8% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) SHY(10%) VCSH(10%) VIXM(10%) UUP(9%) CEMB(8%) |
Factors Impacting CAN price | CAN will decline at least -4.165% in a week (0% probabilities). SLV(-12%) SIL(-10%) XLU(-9%) XLRE(-9%) GDX(-9%) |
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 | -4.165% (StdDev 8.33%) |
Hourly BBV | 0 () |
Intraday Trend | 2% |
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