| CAN latest price $5.8450 (9.66%) ($5.8450 - $5.8450) on Tue. Mar. 22, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 9% (three month average) |
RSI | 55 |
Latest Price | $5.8450(9.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 10.2% a day on average for past five trading days. |
Weekly Trend | CAN declines -0.4% 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) KWEB(79%) EEM(77%) VWO(77%) FXI(76%) MCHI(76%) |
Factors Impacting CAN price | CAN will decline at least -4.5% in a week (0% probabilities). VXX(-77%) TBT(-23%) UUP(-19%) SHY(-12%) TIP(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 | -4.5% (StdDev 9%) |
Hourly BBV | 1.1 () |
Intraday Trend | 0% |
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