Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
Canaan Inc. (NASDAQ:CAN)
Bear Market Rally (-75) - CAN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CAN as it may be in the beginning 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.
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MarketClub’s Trade Triangles for CAN
The long-term trend has been DOWN since Nov 25th, 2019 at 7.5
The intermediate-term trend has been UP since Feb 12th, 2020 at 6.5
The short-term trend has been DOWN since Feb 20th, 2020 at 5.7
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.4000 | 5.5700 | 5.3501 | 5.4300 | -0.0700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.4900 | 325073 | 2020-02-26 15:59:49 |
| 52wk High | 13 | 52wk High Date | 2019-11-21 |
| 52wk Low | 4.55 | 52wk Low Date | 2019-12-19 |
| Average Volume | 261,140 |