| CAN latest price $3.9400 (2.74%) ($3.9400 - $3.9550) on Wed. May. 4, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.79% (three month average) |
RSI | 36 |
Latest Price | $3.9400(2.74%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | CAN advances 1.3% a day on average for past five trading days. |
Weekly Trend | CAN declines -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) URA(98%) XLI(98%) XAR(92%) IVW(90%) BLOK(89%) |
Factors Impacting CAN price | CAN will decline at least -4.395% in a week (0% probabilities). SHY(-57%) TIP(-22%) IGOV(-14%) LQD(-10%) PCY(29%) |
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 | -4.395% (StdDev 8.79%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
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