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Stock Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
Canaan Inc. (NASDAQ:CAN)
Crossroads (-60) - CAN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for CAN
The long-term trend has been UP since Nov 16th, 2020 at 3.05
The intermediate-term trend has been DOWN since Mar 25th, 2021 at 16.91
The short-term trend has been DOWN since Apr 29th, 2021 at 13.22
Smart Scan Analysis for CAN
Based on our trend formula, CAN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.01 | 9.82 | 8.91 | 9.68 | +0.97 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.69 | 5726748 | 2021-05-14 15:59:57 |
| 52wk High | 39.1 | 52wk High Date | 2021-03-12 |
| 52wk Low | 1.76 | 52wk Low Date | 2020-06-29 |
| Average Volume | 8,474,377 | Assets | 908,854,000M |
| Liabilities | 263,914,000M |