Stock Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
Cannawake Corp (NASDAQ:CANX)
Long-Term Uptrend (+90) - CANX is in a strong uptrend that is likely to continue. While CANX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CANX?
MarketClub looks at technical strength and momentum to determine if the timing is right for CANX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CANX
The long-term trend has been UP since Jan 4th, 2021 at 0.0150
The intermediate-term trend has been UP since Mar 24th, 2021 at 0.0350
The short-term trend has been UP since Apr 28th, 2021 at 0.0206
Smart Scan Analysis for CANX
Based on our trend formula, CANX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.3||Year High Date||2018-03-19|
|Year Low||0.0177||Year Low Date||2018-01-25|
|52wk High||0.06||52wk High Date||2021-02-17|
|52wk Low||0.002||52wk Low Date||2020-09-14|
|Average Volume||26,573||Shares Outstanding||43,915|