Trading Signals: CAN Stock Price Prediction and Forecast

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

Thu. Apr. 8, 2021

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

(Canaan Inc.)
CAN latest price $18.9800 (2.15%) ($18.9800 - $18.9800) on Thu. Apr. 8, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   15.5% (three month average)
RSI   30
Latest Price   $18.9800(2.15%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CAN declines -1.7% a day on average for past five trading days.
Weekly Trend   CAN declines -8.5% a week on average for past two weeks.
Market Behavior   Growth stock 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%)    XLU(-7%)    SHY(-7%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -7.75% (StdDev 15.5%)
Hourly BBV 0.3 ()
Intraday Trend 0%

Resistance Level   $23.49
5 Day Moving Average   $19.69(-3.61%)
10 Day Moving Average   $19.31(-1.71%)
20 Day Moving Average   $23.49(-19.2%)
To recent high   -47.8%
To recent low   273.6%
Market Cap   $2.974b

$. CAN price fluctuates within 26.44% (three month std-dev: 15.5%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210508

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	Apr_8_2021	15.83	23.49	19.31	19.69	19.11	18.78	18.98(2.15%)	DP	OpenShort	-75	-0.1	-12	-210	-4	-35	7.21	78%	0.32	-17.8	15.5%	0.3	-0.7	30	1.5
2	Apr_7_2021	15.78	24.01	19.22	20.02	19.86	18.92	18.58(-3.48%)	DT	OpenShort	-75	-0.2	-18	-360	-6	-53	7.42	78%	0.25	-12.2	15.53%	-0.9	-0.9	26	1.4
3	Apr_6_2021	15.74	24.55	19.46	20.5	20.37	19.43	19.25(-1.86%)	DT	OpenShort	-75	-0.2	-17	-340	-3	-59	9.53	78%	0.38	-4.8	15.51%	-0.6	-0.9	35	1.2
4	Apr_5_2021	15.68	24.61	19.8	20.16	20.81	20.81	19.62(-10.86%)	DT	HoldShort	-50	-0.1	-16	100	3	-72	15.14	78%	0.45	-8.4	15.5%	-1.2	-0.8	31	1.3
5	Apr_1_2021	15.61	24.69	20.53	19.66	20.29	21.32	22.01(6.69%)	DP	OpenShort	-65	0.4	-14	450	9	-81	19.81	79%	0.71	-7.4	15.36%	0.7	-0.4	32	1.3

6	Mar_31_2021	15.5	24.65	21.11	18.87	19.08	20.81	20.63(-1.76%)	DP	OpenShort	-65	0.3	-16	670	10	-92	16.77	80%	0.58	-7.4	15.48%	0.9	-0.7	27	1.2
7	Mar_30_2021	15.41	24.79	22.14	18.34	18.43	19.27	21(19.66%)	DP	OpenShort	-65	0.4	-17	330	7	-89	27.95	80%	0.65	-6.8	16%	1.8	-0.6	42	1.2
8	Mar_29_2021	15.31	24.84	22.87	18.36	17.67	17.35	17.55(2.3%)	DP	OpenShort	-75	-0.1	-31	-240	-9	-95	19.91	79%	0.26	-3.9	15.89%	-0.1	-1.2	35	1
9	Mar_26_2021	15.27	25.13	24.43	19.44	18.57	17.6	17.15(-4.96%)	DT	OpenShort	-75	-0.4	-31	-500	-16	-77	18.24	79%	0.26	2.1	15.83%	-0.6	-1.3	56	1.4
10	Mar_25_2021	15.23	25.14	26.19	21.54	19.98	18	18.05(0.53%)	DP	OpenShort	-75	-0.6	-28	-910	-21	-49	23.39	79%	0.33	4.8	15.93%	-0.7	-1.1	56	1.1

11	Mar_24_2021	15.18	25.11	28.02	23.69	22.39	19.54	17.95(-15.01%)	DT	OpenShort	-75	-0.9	-24	-1060	-26	-19	23.39	79%	0.33	13.7	16.05%	-1.9	-1.2	55	1
12	Mar_23_2021	15.13	25.2	29.28	26.49	25.09	21.97	21.12(-7.93%)	CR	SmallShort	-20	-0.9	-14	-1030	-22	12	20.44	79%	0.8	25.9	15.88%	-1.3	-0.7	55	1.1
13	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
14	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
15	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

16	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
17	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
18	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
19	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
20	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

21	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
22	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
23	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
24	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
25	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%		82.1	13.98%	-1.4	0.8	70	-0.4
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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