Technical Analysis for CAN - Canaan Inc.

Grade Last Price % Change Price Change
D 12.4 -8.89% -1.21
CAN closed down 8.89 percent on Monday, April 19, 2021, on 50 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical CAN trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Outside Day Range Expansion -8.89%
Wide Bands Range Expansion -8.89%
Oversold Stochastic Weakness -8.89%
Narrow Range Bar Range Contraction -2.59%
Wide Bands Range Expansion -2.59%
Older End-of-Day Signals for CAN ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Fell Below Previous Day's Low about 17 hours ago
60 Minute Opening Range Breakdown about 17 hours ago
Down 10% about 18 hours ago
Down 5% about 19 hours ago
Down 3% about 19 hours ago
View Earlier Intraday Alerts

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Profile

Canaan, Inc. designs and sells integrated circuits. It offers Kendryte AI and Avalon Miner products. The firm is a developer of supercomputing chips and the manufacturer of digital block chain computing equipment as well as the supplier of overall scheme for computer software and hardware of digital block chain. The company was founded by Li Jiaxuan, Liu Xiangfu and Zhang Nangeng in 2013 and is headquartered in Hangzhou, China.
Classification

Sector: Technology
Industry: Computer Hardware
Keywords: Computing Integrated Circuits Computer Architecture Computer Software Concurrent Computing Hardware Distributed Computing Architecture Supercomputer

Is CAN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Recent News

Indicators

Indicator Value
52 Week High 39.1
52 Week Low 1.76
Average Volume 22,460,205
200-Day Moving Average 7.19
50-Day Moving Average 19.65
20-Day Moving Average 17.72
10-Day Moving Average 15.56
Average True Range 3.18
ADX 21.53
+DI 15.86
-DI 29.60
Chandelier Exit (Long, 3 ATRs ) 23.36
Chandelier Exit (Short, 3 ATRs ) 21.05
Upper Bollinger Band 24.15
Lower Bollinger Band 11.29
Percent B (%b) 0.09
BandWidth 72.53
MACD Line -2.21
MACD Signal Line -1.30
MACD Histogram -0.9047
Fundamentals Value
Market Cap 1.94 Billion
Num Shares 157 Million
EPS -0.92
Price-to-Earnings (P/E) Ratio -13.43
Price-to-Sales 3.57
Price-to-Book 9.49
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.34
Resistance 3 (R3) 14.26 13.53 14.01
Resistance 2 (R2) 13.53 13.04 13.57 13.90
Resistance 1 (R1) 12.97 12.74 13.25 13.05 13.80
Pivot Point 12.24 12.24 12.39 12.28 12.24
Support 1 (S1) 11.68 11.75 11.96 11.76 11.00
Support 2 (S2) 10.95 11.45 10.99 10.90
Support 3 (S3) 10.39 10.95 10.79
Support 4 (S4) 10.47