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Stock Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

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

Sidelines Mode (-55) - CAN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

NASDAQ_CAN
Open High Low CAN Price Change
2.0500 2.2573 1.9950 2.0150 +0.1150
Entry Signal

MarketClub’s Trade Triangles for CAN

long term up The long-term trend has been UP since Oct 30th, 2024 at 1.3100

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

short term up The short-term trend has been UP since Jan 17th, 2025 at 1.9683

Smart Scan Analysis for CAN

Based on our trend formula, CAN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CAN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0500 2.2573 1.9950 2.0150 +0.1150
Prev. Close Volume Bid Ask Time
2.0100 25551837 2025-01-17 15:59:34
52wk High3.2752wk High Date2024-12-16
52wk Low0.7252wk Low Date2024-08-05
Average Volume16,697,152Assets502,136,000M
Liabilities186,330,000MP/E Ratio0.0498
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