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Stock Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Canaan Inc. (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
15.250 16.850 14.322 15.145 -0.565
Entry Signal

MarketClub’s Trade Triangles for CAN

long term up The long-term trend has been UP since Nov 16th, 2020 at 3.050

intermediate term up The intermediate-term trend has been UP since Feb 3rd, 2021 at 5.905

short term down The short-term trend has been DOWN since Feb 23rd, 2021 at 15.650

Smart Scan Analysis for CAN

Based on our trend formula, CAN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for CAN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.250 16.850 14.322 15.145 -0.565
Prev. Close Volume Bid Ask Time
15.160 13099278 2021-02-26 15:59:50
52wk High25.777552wk High Date2021-02-19
52wk Low1.7652wk Low Date2020-06-29
Average Volume21,670,323Assets908,854,000M
Liabilities263,914,000M
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