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Stock Trend Analysis Report
Prepared for you on Tuesday, December 3, 2024.
Canaan Inc. - American Depositary Shares (NASDAQ:CAN)
Strong Uptrend (+100) - CAN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CAN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Oct 30th, 2024 at 1.31
The intermediate-term trend has been UP since Aug 26th, 2024 at 1.05
The short-term trend has been UP since Nov 20th, 2024 at 1.68
Smart Scan Analysis for CAN
Based on our trend formula, CAN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.000 | 2.170 | 1.980 | 2.135 | +0.055 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.080 | 11528752 | 2024-12-03 12:07:26 |
| 52wk High | 3.5 | 52wk High Date | 2023-12-27 |
| 52wk Low | 0.72 | 52wk Low Date | 2024-08-05 |
| Average Volume | 19,955,942 | Assets | 502,136,000M |
| Liabilities | 186,330,000M | P/E Ratio | 0.0498 |