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Stock Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

Canaan Inc. (NASDAQ:CAN)

Bear Market Rally (-75) - CAN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CAN as it may be in the beginning of a reversal.

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

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

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

Open High Low CAN Price Change
5.4000 5.5700 5.3501 5.4300 -0.0700
Entry Signal

MarketClub’s Trade Triangles for CAN

long term down The long-term trend has been DOWN since Nov 25th, 2019 at 7.5

intermediate term up The intermediate-term trend has been UP since Feb 12th, 2020 at 6.5

short term down The short-term trend has been DOWN since Feb 20th, 2020 at 5.7

Smart Scan Analysis for CAN

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

Smart Scan Analysis for CAN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.4000 5.5700 5.3501 5.4300 -0.0700
Prev. Close Volume Bid Ask Time
6.4900 325073 2020-02-26 15:59:49
52wk High1352wk High Date2019-11-21
52wk Low4.5552wk Low Date2019-12-19
Average Volume261,140
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