| CAN latest price $19.6150 (-10.86%) ($19.6150 - $19.6150) on Mon. Apr. 5, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 15.5% (three month average) |
RSI | 31 |
Latest Price | $19.6150(-10.86%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 2.5% a day on average for past five trading days. |
Weekly Trend | CAN declines -18.9% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) BLOK(62%) VWO(55%) EEM(54%) KWEB(54%) MCHI(53%) |
Factors Impacting CAN price | CAN will decline at least -7.75% in a week (0% probabilities). VXX(-33%) VIXM(-33%) UUP(-16%) SHY(-7%) BNDX(-7%) |
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 | -7.75% (StdDev 15.5%) |
Hourly BBV | -1.2 () |
Intraday Trend | 0% |
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