Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, December 11, 2024.

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

Strong Uptrend (+100) - CAN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CAN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
2.7100 2.7300 2.4800 2.6499 +0.1199
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 up The intermediate-term trend has been UP since Aug 26th, 2024 at 1.05

short term up The short-term trend has been UP since Nov 20th, 2024 at 1.68

Smart Scan Analysis for CAN

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

+100
Smart Scan Analysis for CAN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.7100 2.7300 2.4800 2.6499 +0.1199
Prev. Close Volume Bid Ask Time
2.5300 20290489 2024-12-11 15:59:50
52wk High3.552wk High Date2023-12-27
52wk Low0.7252wk Low Date2024-08-05
Average Volume24,797,172Assets502,136,000M
Liabilities186,330,000MP/E Ratio0.0498
Get a free daily analysis and signals for Canaan Inc. - American Depositary Shares (CAN) - Request Your Free Report.