CANAAN INC (CAN) Stock Technical Analysis
NASDAQ:CAN - Nasdaq - US1347481020 - ADR - Currency: USD
Taking everything into account, CAN scores 0 out of 10 in our technical rating. CAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
79% of all other stocks performed better in the past year than CAN.
CAN is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, of which 74% are performing better than CAN.
In the last month CAN has a been trading in the 1.66 - 2.25 range, which is quite wide. It is currently trading near the lows of this range.
CAN has an average volume of 17355100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
Considerably lower volume is observed in the last couple of days.
The technical rating of CAN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.02
3.15
We found 1 important support area.
- Support @1.03 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 1.78 to 1.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.13 to 2.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.01 from a trend line in the weekly time frame.
- Resistance @3.12 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.88
Mansfield1.33
10 Day High2.08
10 Day Low1.66
20 Day High2.25
20 Day Low1.66
52 Week High3.27
52 Week Low0.72
Performance
1 Week-4.57%
2 Weeks-10.7%
1 Month-21.23%
3 Month-15.23%
6 Month68.43%
12 Month-6.7%
2 Year-40.36%
3 Year-68.31%
5 Year-67.19%
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)-0.01
RSI(14)39.14
LBB1.66
UBB1.96
1.67
-0.12 (-6.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-6.7%
1 Week-4.57%
2 Weeks-10.7%
1 Month-21.23%
3 Month-15.23%
6 Month68.43%
12 Month-6.7%
2 Year-40.36%
3 Year-68.31%
5 Year-67.19%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%10.08%
ATR Inc10.75%
Range Today0.23
ADR(20)0.16
ADR(20)%9.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.88
Mansfield1.33
10 Day High2.08
10 Day Low1.66
20 Day High2.25
20 Day Low1.66
52 Week High3.27
52 Week Low0.72
CS1 End1.03
CR1 Start1.78
Volume & EV
DER(3)-6.73%
DER(5)-5.23%
Volume11.50M
Volume Incr-44.16%
Vol(5)9.57M
Vol(50)17.36M