Technical Analysis for CAN - Canaan Inc.

Grade Last Price % Change Price Change
F 1.30 -2.99% -0.04
CAN closed down 2.99 percent on Monday, March 18, 2024, on 41 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
180 Bearish Setup Bearish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish -2.99%
Wide Bands Range Expansion -2.99%
Oversold Stochastic Weakness -2.99%
Narrow Range Bar Range Contraction 2.36%
Wide Bands Range Expansion 2.36%
Oversold Stochastic Weakness 2.36%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 12 hours ago
Rose Above Previous Day's High about 13 hours ago
Up 2% about 13 hours ago
60 Minute Opening Range Breakout about 15 hours ago
Up 1% about 15 hours ago

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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 Concurrent Computing Computer Software Hardware Distributed Computing Architecture Parallel Computing 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

Indicators

Indicator Value
52 Week High 3.485
52 Week Low 1.13
Average Volume 20,095,972
200-Day Moving Average 2.01
50-Day Moving Average 1.71
20-Day Moving Average 1.62
10-Day Moving Average 1.43
Average True Range 0.20
RSI (14) 39.02
ADX 13.34
+DI 15.97
-DI 22.24
Chandelier Exit (Long, 3 ATRs) 1.93
Chandelier Exit (Short, 3 ATRs) 1.83
Upper Bollinger Bands 2.12
Lower Bollinger Band 1.13
Percent B (%b) 0.17
BandWidth 61.32
MACD Line -0.13
MACD Signal Line -0.09
MACD Histogram -0.0374
Fundamentals Value
Market Cap 304.26 Million
Num Shares 234 Million
EPS -0.47
Price-to-Earnings (P/E) Ratio -2.77
Price-to-Sales 2.33
Price-to-Book 1.03
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.45
Resistance 3 (R3) 1.46 1.42 1.43
Resistance 2 (R2) 1.42 1.38 1.42 1.42
Resistance 1 (R1) 1.36 1.36 1.34 1.35 1.41
Pivot Point 1.32 1.32 1.31 1.32 1.32
Support 1 (S1) 1.26 1.28 1.24 1.25 1.19
Support 2 (S2) 1.22 1.26 1.22 1.18
Support 3 (S3) 1.16 1.22 1.18
Support 4 (S4) 1.15