Stock Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
CAN B CORP (NASDAQ:CANB)
Bear Market Rally (-75) - CANB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CANB as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CANB?
MarketClub looks at technical strength and momentum to determine if the timing is right for CANB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CANB
The long-term trend has been DOWN since Sep 16th, 2022 at 2.6500
The intermediate-term trend has been UP since Sep 12th, 2023 at 0.1599
The short-term trend has been DOWN since Sep 19th, 2023 at 0.1800
Smart Scan Analysis for CANB
Based on our trend formula, CANB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.135||Year High Date||2018-08-24|
|Year Low||0.0101||Year Low Date||2018-07-30|
|52wk High||1.05||52wk High Date||2021-02-16|
|52wk Low||0.27||52wk Low Date||2021-05-14|
|Average Volume||37,773||Shares Outstanding||28,041|