| CAN latest price $6.2300 (-1.74%) ($5.9400 - $6.9400) on Wed. Jan. 6, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9.25% (three month average) |
RSI | 78 |
Latest Price | $6.2300(-1.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 8.2% a day on average for past five trading days. |
Weekly Trend | CAN advances 25.1% a week on average for past two weeks. |
Market Behavior | Rotation from growth to value for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) TIP(13%) BWX(11%) XLRE(11%) XLU(11%) GLD(10%) |
Factors Impacting CAN price | CAN will decline at least -4.625% in a week (0% probabilities). UUP(-9%) EWG(-5%) TBT(-3%) FIVG(-3%) EWI(-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 | -4.625% (StdDev 9.25%) |
Hourly BBV | 0 () |
Intraday Trend | -1.9% |
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