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Stock Trend Analysis Report

Prepared for you on Sunday, May 16, 2021.

Canaan Inc. (NASDAQ:CAN)

Crossroads (-60) - CAN is struggling to move into a solid trend. Beware of choppy markets 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
9.01 9.82 8.91 9.68 +0.97
Entry Signal

MarketClub’s Trade Triangles for CAN

long term up The long-term trend has been UP since Nov 16th, 2020 at 3.05

intermediate term down The intermediate-term trend has been DOWN since Mar 25th, 2021 at 16.91

short term down The short-term trend has been DOWN since Apr 29th, 2021 at 13.22

Smart Scan Analysis for CAN

Based on our trend formula, CAN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for CAN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.01 9.82 8.91 9.68 +0.97
Prev. Close Volume Bid Ask Time
9.69 5726748 2021-05-14 15:59:57
52wk High39.152wk High Date2021-03-12
52wk Low1.7652wk Low Date2020-06-29
Average Volume8,474,377Assets908,854,000M
Liabilities263,914,000M
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