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Stock Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

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

Weak Downtrend (-65) - CAN is showing signs of a strengthening downtrend. Monitor CAN as it may be building momentum to the downside.

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
1.84 1.89 1.66 1.67 -0.12
Entry Signal

MarketClub’s Trade Triangles for CAN

long term up The long-term trend has been UP since Oct 30th, 2024 at 1.31

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2025 at 2.01

short term down The short-term trend has been DOWN since Feb 21st, 2025 at 1.72

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
1.84 1.89 1.66 1.67 -0.12
Prev. Close Volume Bid Ask Time
1.67 10770863 2025-02-21 15:59:59
52wk High3.2752wk High Date2024-12-16
52wk Low0.7252wk Low Date2024-08-05
Average Volume13,418,665Assets502,136,000M
Liabilities186,330,000MP/E Ratio0.0498
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