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Stock Trend Analysis Report

Prepared for you on Sunday, July 12, 2020.

Canaan Inc. (NASDAQ:CAN)

Long-Term Downtrend (-90) - CAN is in a strong downtrend that is likely to continue. While CAN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
1.950 1.950 1.830 1.855 -0.075
Entry Signal

MarketClub’s Trade Triangles for CAN

long term down The long-term trend has been DOWN since Nov 25th, 2019 at 7.50

intermediate term down The intermediate-term trend has been DOWN since May 15th, 2020 at 4.11

short term down The short-term trend has been DOWN since Jul 7th, 2020 at 1.81

Smart Scan Analysis for CAN

Based on our trend formula, CAN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CAN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.950 1.950 1.830 1.855 -0.075
Prev. Close Volume Bid Ask Time
2.120 2386908 2020-07-10 15:59:46
52wk High1352wk High Date2019-11-21
52wk Low252wk Low Date2020-06-01
Average Volume2,636,300Assets991,426,000M
Liabilities298,631,000M
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