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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.
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MarketClub’s Trade Triangles for CAN
The long-term trend has been UP since Nov 16th, 2020 at 3.050
The intermediate-term trend has been UP since Feb 3rd, 2021 at 5.905
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).
| 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 High | 25.7775 | 52wk High Date | 2021-02-19 |
| 52wk Low | 1.76 | 52wk Low Date | 2020-06-29 |
| Average Volume | 21,670,323 | Assets | 908,854,000M |
| Liabilities | 263,914,000M |