| CAN latest price $4.0450 (13.62%) ($4.0450 - $4.0600) on Fri. May. 6, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 8.9% (three month average) |
RSI | 47 |
Latest Price | $4.0450(13.62%) |
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 -2.6% a week on average for past two weeks. |
Market Behavior | Growth stock sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support CAN advance at 0% a week (0% probability) SMH(91%) VFMO(88%) SKYY(82%) VT(82%) IDRV(76%) |
Factors Impacting CAN price | CAN will decline at least -4.45% in a week (0% probabilities). SHY(-88%) BNDX(-53%) BND(-37%) VCSH(-25%) VCIT(-17%) |
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 | -4.45% (StdDev 8.9%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
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