Trading Signals: CAN Stock Price Prediction and Forecast

^ CAN: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Mon. Mar. 22, 2021

Trading Signals: CAN Stock Price Prediction and Forecast (Thu. Nov. 21, 2019 - Fri. May. 13, 2022)

(Canaan Inc.)
CAN latest price $22.9400 (-17.08%) ($22.4700 - $22.9400) on Mon. Mar. 22, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   15.89% (three month average)
RSI   60
Latest Price   $22.9400(-17.08%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CAN declines -6.9% a day on average for past five trading days.
Weekly Trend   CAN advances 11.7% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support CAN advance at 0% a week (0% probability)
BLOK(63%)    KWEB(54%)    VWO(54%)    EEM(53%)    DRIV(52%)
Factors Impacting CAN price   CAN will decline at least -7.945% in a week (0% probabilities).
VXX(-31%)    VIXM(-31%)    UUP(-17%)    SHY(-8%)    BNDX(-8%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -7.945% (StdDev 15.89%)
Hourly BBV -1.9 ()
Intraday Trend 0%

Resistance Level   $25.08
5 Day Moving Average   $28.02(-18.13%)
10 Day Moving Average   $30.18(-23.99%)
20 Day Moving Average   $25.08(-8.53%)
To recent high   -36.9%
To recent low   351.6%
Market Cap   $3.594b

$. CAN price fluctuates within 24.96% (three month std-dev: 15.89%) daily (68% of days).

Sample size 2 Average positive next day return: 6.83%(50%) Average negative next day return: -9.58%(50%) Sample size 2 Average positive next three day return: 4.63%(50%) Average negative next three day return: -5.5%(50%) Sample size 2 Average positive next weekly return: 4.85%(100%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210422

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Mar_22_2021	15.01	25.08	30.18	28.02	27.81	25.24	22.94(-17.08%)	N/A	N/A	0	-0.8	-7	-670	-21	36	20.41	79%	1.08	32.1	15.89%	-1.9	-0.3	60	1.9
2	Mar_19_2021	14.85	25.01	30.01	30.11	29.29	28.22	27.67(-3.84%)	UD	OpenLong	65	-0.4	2	-340	-16	55	11.16	83%	1.78	50.8	15.57%	-1.3	0.4	63	1.6
3	Mar_18_2021	14.59	24.84	29.38	31.55	30.72	30.37	28.77(-10%)	UD	OpenLong	65	-0.4	14	-160	-9	84	18.08	83%	2.03	71.9	15.66%	-0.8	0.6	74	1.2
4	Mar_17_2021	14.3	24.28	28.65	33.06	32.24	30.35	31.97(11.22%)	UD	OpenLong	65	-0.2	29	-480	-2	121	23.05	83%	2.73	92.8	15.56%	0.2	1.2	76	2.1
5	Mar_16_2021	13.92	23.68	27.73	32.54	33.34	31.08	28.74(-13.98%)	UD	OpenLong	65	-0.6	25	-400	-10	130	13.93	83%	2.35	109.2	15.56%	-1.9	0.8	69	1.9

6	Mar_15_2021	13.6	23.22	27.02	32.61	33.49	34.14	33.41(-4.16%)	UD	OpenLong	75	0.1	47	220	10	159	18.78	83%	3.34	127.2	15.38%	-0.4	1.7	74	2.4
7	Mar_12_2021	13.16	22.19	25.86	29.77	32.41	35.61	34.86(-4.05%)	UD	OpenLong	75	0.8	59	960	31	142	29.35	83%	3.95	119.9	15.21%	0.9	2.1	68	1.8
8	Mar_11_2021	12.66	20.96	23.9	26.82	28.51	32.85	36.33(23.82%)	UT	OpenLong	75	1.7	51	1250	37	94	25.26	83%	4.54	111.8	15.3%	1.9	2.7	63	1.5
9	Mar_10_2021	12.11	19.54	21.76	23.67	24.44	29.22	29.34(0.86%)	UT	OpenLong	75	1.1	36	1470	29	55	35.11	82%	3.5	104.2	15.22%	1.1	1.9	68	1.2
10	Mar_9_2021	11.7	18.46	20.59	22.33	22.25	24.17	29.09(51.16%)	UT	OpenLong	75	1.3	30	590	28	37	39.4	82%	3.72	98.4	15.21%	2.3	2	62	1.2

11	Mar_8_2021	11.28	17.35	19.34	20.75	20.64	19.67	19.25(-4.23%)	CR	SmallShort	-20	-0.3	-5	-340	-7	2	12.07	79%	1.81	92.1	14.03%	-0.8	0.4	55	0.4
12	Mar_5_2021	11.08	16.74	19.49	21.34	21.13	20.33	20.1(-2.31%)	UD	OpenLong	75	-0.2	9	-290	2	30	14.06	79%	2.12	92.8	13.88%	-0.8	0.6	67	0.6
13	Mar_4_2021	10.85	16.05	19.89	20.39	21.32	21.61	20.57(-9.18%)	UD	OpenLong	75	0	20	230	9	51	17.17	79%	2.46	82.1	13.98%	-1.4	0.8	70	-0.4
14	Mar_3_2021	10.59	15.33	19.59	19.4	20.01	21.92	22.65(6.89%)	UT	HoldLong	65	0.5	26	760	14	63	22.35	79%	3.12	74.5	13.89%	0.3	1.2	76	0.3
15	Mar_2_2021	10.27	14.46	19.33	18.54	18.25	21.04	21.19(-4.61%)	UD	OpenLong	75	0.4	35	1020	18	87	15.87	79%	3.11	69.7	13.89%	0.7	1.1	76	1

16	Mar_1_2021	9.96	13.65	19.15	17.77	17.53	18.1	22.22(45.05%)	UT	HoldLong	65	0.7	37	190	13	110	35.09	79%	3.64	64.9	14.19%	1.7	1.3	78	1
17	Feb_26_2021	9.61	12.76	18.25	17.5	16.65	15.46	15.32(-2.14%)	UD	OpenLong	65	-0.3	16	-650	-24	134	12.53	71%	1.69	65.5	13.19%	-1.3	0.4	77	0.5
18	Feb_25_2021	9.45	12.27	17.9	19.39	18.03	16.96	15.65(-14.53%)	UD	OpenLong	65	-0.6	48	-630	-10	223	17.13	72%	2.05	81.7	13.29%	-2	0.5	78	0.2
19	Feb_24_2021	9.26	11.73	17.28	19.73	19.68	17.84	18.31(5.47%)	UD	OpenLong	65	-0.2	63	-660	-8	274	12.51	76%	3.23	85.5	13.25%	-0.5	1	82	1.4
20	Feb_23_2021	8.97	11.06	16.3	20.16	19.51	19.1	17.36(-16.7%)	UD	OpenLong	65	-0.4	77	-240	-14	351	28.96	77%	3.1	94.8	13.26%	0	1	82	1.3

21	Feb_22_2021	8.7	10.44	15.34	20.62	20.1	21.53	20.84(-15.93%)	UD	OpenLong	75	0	136	420	21	479	34.04	81%	4.82	107.2	13.15%	0	1.6	88	1.1
22	Feb_19_2021	8.3	9.61	13.88	19.06	19.26	19.91	24.79(43.05%)	UT	HoldLong	65	0.9	155	270	37	509	51.87	85%	7.37	101.8	13.14%	0	2.5	94	1.5
23	Feb_18_2021	7.73	8.54	11.91	16.23	16.62	18.68	17.33(-15.46%)	UD	OpenLong	75	0.2	141	940	26	485	22.29	82%	4.6	91.9	12.15%	0	1.7	87	1.3
24	Feb_17_2021	7.39	7.89	10.72	14.42	14.69	18.61	20.5(4.38%)	UT	HoldLong	65	1.3	163	1920	60	470	36.26	87%	7.1	79	11.94%	0	2.7	94	1.4
25	Feb_16_2021	6.9	7.05	9.12	11.87	11.85	14.57	19.64(50.61%)	UT	HoldLong	65	2.1	144	1600	67	376	42.46	87%		66.3	11.94%	0	3.5	89	1.2
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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