Trading Signals: CAN Stock Price Prediction and Forecast

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

Wed. Apr. 27, 2022

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

(Canaan Inc.)
CAN latest price $3.7100 (0.41%) ($3.7100 - $3.7100) on Wed. Apr. 27, 2022.

Trend Analysis and Forecast

Average Daily Percentage Swing   9.02% (three month average)
RSI   6
Latest Price   $3.7100(0.41%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   CAN declines -2.3% a day on average for past five trading days.
Weekly Trend   CAN declines -11.9% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support CAN advance at 0% a week (0% probability)
XLK(99%)    QQQ(92%)    EWI(89%)    EWJ(87%)    PAVE(87%)
Factors Impacting CAN price   CAN will decline at least -4.51% in a week (0% probabilities).
SHY(-52%)    BNDX(-39%)    BND(-26%)    VCSH(-17%)    TIP(-16%)

Relative Volatility

Market Trend Strength   -4.51% (StdDev 9.02%)
Hourly BBV -1.4 ()
Intraday Trend 0%

1 - 5 Day Possible Target   $-29.17(-886.25%)
Resistance Level   $4.68
5 Day Moving Average   $3.84(-3.39%)
10 Day Moving Average   $4.01(-7.48%)
20 Day Moving Average   $4.68(-20.73%)
To recent high   -43.2%
To recent low   10.9%
Market Cap   $581m

$. CAN price fluctuates within 18.8% (three month std-dev: 9.02%) daily (68% of days).

Sample size 36 Average positive next day return: 6.03%(47%) Average negative next day return: -2.96%(53%) Sample size 36 Average positive next three day return: 9.5%(56%) Average negative next three day return: -7.49%(44%) Sample size 36 Average positive next weekly return: 11.1%(53%) Average negative next weekly return: -10.96%(47%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20220527

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_27_2022	5	4.68	4.01	3.84	3.81	3.7	3.71(0.41%)	DP	OpenShort	-75	-0.1	-25	-230	-6	-82	6.22	57%	-0.4	-60.1	9.02%	-1.4	-1.1	6	0.4
2	Apr_26_2022	5.02	4.81	4.08	3.93	3.87	3.82	3.7(-6.34%)	DT	HoldShort	-65	-0.3	-29	-140	-6	-97	3.56	57%	-0.59	-56.3	9.08%	-1.4	-1.2	5	1.4
3	Apr_25_2022	5.05	4.93	4.15	4.03	3.98	3.82	3.95(1.41%)	DT	HoldShort	-50	-0.1	-30	-140	-3	-110	4.54	57%	-0.39	-50.8	9.05%	-0.5	-1.1	5	1.9
4	Apr_22_2022	5.07	5.02	4.23	4.08	4.05	3.92	3.89(-1.64%)	DT	OpenShort	-75	-0.2	-32	-250	-4	-117	3.32	55%	-0.98	-48.6	9.04%	-1.4	-1.3	25	1.1
5	Apr_21_2022	5.12	5.15	4.36	4.14	4.12	4.05	3.96(-4.47%)	DT	OpenShort	-75	-0.2	-33	-130	-5	-115	3.12	52%	-0.78	-40.3	9.11%	-1.8	-1.3	31	1.3

6	Apr_20_2022	5.16	5.28	4.56	4.21	4.18	4.19	4.14(-2.13%)	DT	OpenShort	-75	-0.1	-27	-0	-2	-103	2.94	52%	-0.96	-30.8	9.27%	-0.2	-1.3	29	0.7
7	Apr_19_2022	5.21	5.37	4.76	4.25	4.23	4.2	4.23(1.56%)	DP	OpenShort	-75	-0	-26	-60	-2	-98	4.26	52%	-0.95	-19.6	9.27%	0.3	-1.3	27	0.8
8	Apr_18_2022	5.26	5.43	4.97	4.3	4.26	4.18	4.17(-0.83%)	DT	OpenShort	-75	-0.2	-28	-160	-6	-93	3.53	51%	-0.75	-9	9.27%	-0.9	-1.6	26	1
9	Apr_14_2022	5.3	5.5	5.13	4.41	4.33	4.26	4.2(-2.78%)	DT	OpenShort	-75	-0.3	-30	-170	-10	-89	2.45	53%	-0.93	1.2	9.32%	-1.5	-1.7	33	1.5
10	Apr_13_2022	5.35	5.54	5.26	4.61	4.47	4.34	4.32(-0.8%)	DT	OpenShort	-75	-0.4	-34	-290	-16	-88	3.72	53%	-0.93	7.8	9.44%	-1.2	-1.7	29	1.5

11	Apr_12_2022	5.4	5.57	5.41	4.96	4.69	4.41	4.36(-2.24%)	DT	OpenShort	-75	-0.8	-33	-580	-18	-76	4.14	54%	-0.92	15.6	9.46%	-1.4	-1.5	29	1
12	Apr_11_2022	5.45	5.54	5.6	5.35	5.11	4.6	4.46(-6.01%)	DT	OpenShort	-75	-1	-27	-830	-18	-52	3.81	55%	-0.91	18.9	9.49%	-1.2	-1.2	40	0.1
13	Apr_8_2022	5.5	5.51	5.78	5.75	5.57	4.97	4.74(-8.76%)	DT	OpenShort	-75	-1.1	-13	-850	-11	-19	6.8	55%	-0.9	22	9.43%	-1	-0.8	49	0.7
14	Apr_7_2022	5.55	5.49	5.9	5.93	6	5.63	5.2(-14.34%)	DT	OpenShort	-75	-0.8	-4	-400	-5	-1	11.89	55%	-1.07	24.5	9.43%	-1	-0.3	54	1.3
15	Apr_6_2022	5.61	5.48	6.03	5.98	6.12	6.17	6.07(-3.42%)	UD	OpenLong	75	0.1	6	130	1	22	3.86	57%	-0.71	19.7	9.23%	-0.5	0.7	68	1.1

16	Apr_5_2022	5.65	5.45	6.07	5.93	5.96	6.36	6.28(-2.56%)	UD	OpenLong	75	0.4	12	480	3	38	4.71	56%	-0.7	18.4	9.22%	0.7	0.9	70	0.5
17	Apr_4_2022	5.69	5.38	6.03	5.9	5.84	6.06	6.45(13.67%)	UT	HoldLong	65	0.6	20	230	5	65	7.41	56%	-0.7	16.5	9.29%	2.4	1.2	82	-0.1
18	Apr_1_2022	5.73	5.31	5.92	5.85	5.77	5.56	5.67(4.04%)	UD	OpenLong	65	-0.2	21	-300	-2	88	5.36	54%	-0.87	14.9	9.07%	-0.7	0.4	81	-0.5
19	Mar_31_2022	5.78	5.28	5.89	5.88	5.89	5.62	5.45(-5.87%)	UD	OpenLong	65	-0.5	20	-320	-9	105	3.53	54%	-0.86	15.8	9.14%	-1.5	0.2	66	-0.9
20	Mar_30_2022	5.83	5.31	5.84	6.08	5.99	5.98	5.79(-6.01%)	UD	OpenLong	65	-0.3	26	-60	-7	124	4.59	54%	-0.68	30.1	9.1%	-2.5	0.6	59	-0.7

21	Mar_29_2022	5.87	5.29	5.74	6.23	6.15	6.17	6.16(-0.24%)	UD	OpenLong	75	-0.1	37	-20	3	138	6.9	54%	-0.68	40.8	9.07%	0.6	1	57	-0.9
22	Mar_28_2022	5.91	5.24	5.49	6.16	6.24	6	6.18(6.01%)	UT	OpenLong	75	0	34	-230	5	120	5.29	52%	-0.51	41.4	9.07%	0.2	1.1	61	-1.5
23	Mar_25_2022	5.94	5.19	5.22	6	6.16	6.14	5.83(-9.62%)	UD	OpenLong	75	-0.2	24	60	3	86	8.44	52%	-0.67	33.9	9.05%	-1.3	0.8	57	-0.9
24	Mar_24_2022	5.98	5.15	5.06	5.89	6.04	6.49	6.45(-1.3%)	UD	OpenLong	75	0.7	31	600	16	74	8.6	54%	-0.33	26.9	9.03%	0.4	1.6	62	-0.7
25	Mar_23_2022	6	5.06	4.89	5.55	5.75	6.19	6.53(11.72%)	UT	OpenLong	75	1.3	23	640	20	32	10.01	54%		12	9.1%	1.5	2	53	-0.8
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

Click to see actual return for next trading day.