| CAN latest price $22.2150 (45.05%) ($16.9100 - $22.2150) on Mon. Mar. 1, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 14.19% (three month average) |
RSI | 78 |
Latest Price | $22.2150(45.05%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 1.5% a day on average for past five trading days. |
Weekly Trend | CAN advances 24.8% 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) BLOK(68%) VWO(56%) ACES(55%) EEM(55%) TAN(55%) |
Factors Impacting CAN price | CAN will decline at least -7.095% in a week (0% probabilities). VXX(-32%) VIXM(-31%) UUP(-19%) SHY(-5%) XLP(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -7.095% (StdDev 14.19%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
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