Stock Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
Cannawake Corp (NASDAQ:CANX)
Countertrend Up (+85) - CANX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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 0.015
The intermediate-term trend has been UP since Feb 5th, 2021 at 0.018
The short-term trend has been DOWN since Feb 16th, 2021 at 0.028
Smart Scan Analysis for CANX
Based on our trend formula, CANX is rated as a +85 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||78,043||Shares Outstanding||43,915|