CANAAN INC (CAN)

US1347481020 - ADR

2.25  +0.19 (+9.22%)

After market: 2.28 +0.03 (+1.33%)

Technical Rating and Analysis

8

Taking everything into account, CAN scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CAN is showing a nice and steady performance.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
CAN is one of the better performing stocks in the Technology Hardware, Storage & Peripherals industry, it outperforms 83% of 31 stocks in the same industry.
CAN has an average volume of 18177700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, CAN did better than 94% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
CAN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CAN is lagging the market.
In the last month CAN has a been trading in the 1.73 - 3.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CAN Weekly chart
CAN Daily chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, CAN also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

0.84

3.15

We found 2 important support areas.

  • Support @2.05 from a horizontal line in the daily time frame.
  • Support @0.85 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @3.02 from a trend line in the weekly time frame.
  • Resistance @3.12 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.02
Mansfield4.85
10 Day High3.27
10 Day Low2.01
20 Day High3.27
20 Day Low1.73
52 Week High3.27
52 Week Low0.72
Performance
1 Week-24.24%
2 Weeks-11.07%
1 Month8.17%
3 Month112.26%
6 Month125.05%
12 Month-2.6%
2 Year9.22%
3 Year-56.31%
5 Year-63.11%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.1
RSI(14)49.9
LBB1.96
UBB3.28
CAN Daily chart

CANAAN INC

NASDAQ:CAN (12/24/2024, 8:00:01 PM)

After market: 2.28 +0.03 (+1.33%)

2.25

+0.19 (+9.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg9.22%
1 Week-24.24%
2 Weeks-11.07%
1 Month8.17%
3 Month112.26%
6 Month125.05%
12 Month-2.6%
2 Year9.22%
3 Year-56.31%
5 Year-63.11%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%16.19%
ATR Inc-22.72%
Range Today0.27
ADR(20)0.35
ADR(20)%15.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.02
Mansfield4.85
10 Day High3.27
10 Day Low2.01
20 Day High3.27
20 Day Low1.73
52 Week High3.27
52 Week Low0.72
CS1 End2.05
CR1 Start3.02
Volume & EV
DER(3)-3%
DER(5)-5.77%
Volume13.82M
Volume Incr-26.02%
Vol(5)19.16M
Vol(50)18.18M