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Stock Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

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

Bull Market Weakness (+75) - CAN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CAN as it may be in the beginning stages 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.

NASDAQ_CAN
Open High Low CAN Price Change
8.59 8.59 8.03 8.16 -0.52
Entry Signal

MarketClub’s Trade Triangles for CAN

long term down The long-term trend has been DOWN since Jul 7th, 2021 at 7.05

intermediate term up The intermediate-term trend has been UP since Oct 18th, 2021 at 6.93

short term up The short-term trend has been UP since Oct 15th, 2021 at 6.66

Smart Scan Analysis for CAN

Based on our trend formula, CAN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CAN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.59 8.59 8.03 8.16 -0.52
Prev. Close Volume Bid Ask Time
8.15 4615273 2021-10-22 15:59:50
52wk High39.152wk High Date2021-03-12
52wk Low1.8552wk Low Date2020-10-29
Average Volume8,332,271Assets327,763,900M
Liabilities142,066,900MP/E Ratio62.446
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