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Stock Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Canaan Inc. - American Depositary Shares (NASDAQ:CAN)

Long-Term Downtrend (-90) - CAN is in a strong downtrend that is likely to continue. While CAN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NASDAQ_CAN
Open High Low CAN Price Change
0.63900 0.66880 0.61020 0.65305 +0.05385
Entry Signal

MarketClub’s Trade Triangles for CAN

long term down The long-term trend has been DOWN since Mar 3rd, 2025 at 1.2300

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2025 at 2.0100

short term down The short-term trend has been DOWN since Apr 30th, 2025 at 0.7656

Smart Scan Analysis for CAN

Based on our trend formula, CAN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CAN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.63900 0.66880 0.61020 0.65305 +0.05385
Prev. Close Volume Bid Ask Time
0.65160 55350222 2025-05-08 15:59:16
52wk High3.2752wk High Date2024-12-16
52wk Low0.534752wk Low Date2025-05-06
Average Volume19,482,902Assets463,011,000M
Liabilities196,757,000MP/E Ratio0.0498
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