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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

CANON INC ADS (NASDAQ:CAJPY)

Bull Market Weakness (+75) - CAJPY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CAJPY as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid CAJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for CAJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_CAJPY
Open High Low CAJPY Price Change
27.47 28.05 27.47 28.05 +0.23
Entry Signal

MarketClub’s Trade Triangles for CAJPY

long term up The long-term trend has been UP since Nov 29th, 2023 at 25.85

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 29.10

short term up The short-term trend has been UP since May 1st, 2024 at 27.34

Smart Scan Analysis for CAJPY

Based on our trend formula, CAJPY is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CAJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.47 28.05 27.47 28.05 +0.23
Prev. Close Volume Bid Ask Time
27.82 3552 2024-05-09 10:38:00
52wk High31.5652wk High Date2024-03-08
52wk Low22.5352wk Low Date2023-10-27
Average Volume34,453Shares Outstanding23,359
Assets541,657,700MLiabilities206,355,500M
P/E Ratio14.9089
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