Technical Analysis for CAN - Canaan Inc.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| C | 1.03 | 3.02% | 0.03 |
CAN closed up 3.02 percent on Monday, July 1, 2024, on 43 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. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. 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.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Up | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 20 DMA Resistance | Bearish | 0.00% | |
| Crossed Above 50 DMA | Bullish | 0.00% | |
| Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 0.00% | |
| Bollinger Band Squeeze | Range Contraction | 0.00% | |
| NR7 | Range Contraction | 0.00% | |
| Narrow Range Bar | Range Contraction | 0.00% | |
| Stochastic Reached Oversold | Weakness | 0.00% | |
| Inside Day | Range Contraction | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% |
| Alert | Time |
|---|---|
| Possible NR7 | about 7 hours ago |
| Possible Inside Day | about 7 hours ago |
| 20 DMA Resistance | about 11 hours ago |
| Up 5% | about 11 hours ago |
| Gap Up Partially Closed | about 11 hours ago |
Get a Trading Assistant
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
- Earnings date: 05/17/2024
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.
Sector: Technology
Industry: Computer Hardware
Keywords: Computing Integrated Circuits Computer Architecture Concurrent Computing Computer Software Hardware Distributed Computing Architecture Parallel Computing Supercomputer
Classification
Sector: Technology
Industry: Computer Hardware
Keywords: Computing Integrated Circuits Computer Architecture Concurrent Computing Computer Software Hardware Distributed Computing Architecture Parallel Computing Supercomputer
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 3.485 |
| 52 Week Low | 0.75 |
| Average Volume | 9,005,424 |
| 200-Day Moving Average | 1.55 |
| 50-Day Moving Average | 1.00 |
| 20-Day Moving Average | 1.05 |
| 10-Day Moving Average | 1.08 |
| Average True Range | 0.10 |
| RSI (14) | 47.92 |
| ADX | 21.94 |
| +DI | 20.19 |
| -DI | 15.00 |
| Chandelier Exit (Long, 3 ATRs) | 0.96 |
| Chandelier Exit (Short, 3 ATRs) | 1.23 |
| Upper Bollinger Bands | 1.17 |
| Lower Bollinger Band | 0.94 |
| Percent B (%b) | 0.4 |
| BandWidth | 22.40 |
| MACD Line | 0.00 |
| MACD Signal Line | 0.01 |
| MACD Histogram | -0.0076 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 1.10 | ||||
| Resistance 3 (R3) | 1.10 | 1.08 | 1.09 | ||
| Resistance 2 (R2) | 1.08 | 1.06 | 1.08 | 1.09 | |
| Resistance 1 (R1) | 1.05 | 1.05 | 1.05 | 1.05 | 1.08 |
| Pivot Point | 1.03 | 1.03 | 1.03 | 1.03 | 1.03 |
| Support 1 (S1) | 1.01 | 1.01 | 1.01 | 1.01 | 0.98 |
| Support 2 (S2) | 0.99 | 1.00 | 0.98 | 0.97 | |
| Support 3 (S3) | 0.96 | 0.99 | 0.97 | ||
| Support 4 (S4) | 0.96 |
