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CAN
Stock ticker: NASDAQ
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CAN stock forecast, quote, news & analysis

Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment and the supplier of the overall scheme for computer software and hardware of digital blockchain... Show more

CAN
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Gain/Loss:
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A.I.Advisor
a Summary for CAN with price predictions
Jun 23, 2026

CAN's Indicator enters downward trend

The Aroon Indicator for CAN entered a downward trend on June 23, 2026. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 283 similar instances where the Aroon Indicator formed such a pattern. In of the 283 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

CAN moved below its 50-day moving average on May 18, 2026 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for CAN crossed bearishly below the 50-day moving average on May 21, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CAN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CAN's RSI Indicator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 67 cases where CAN's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CAN just turned positive on June 18, 2026. Looking at past instances where CAN's MACD turned positive, the stock continued to rise in of 55 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CAN advanced for three days, in of 222 cases, the price rose further within the following month. The odds of a continued upward trend are .

CAN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.685) is normal, around the industry mean (13.613). P/E Ratio (0.000) is within average values for comparable stocks, (48.188). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.870). Dividend Yield (0.000) settles around the average of (0.020) among similar stocks. P/S Ratio (0.387) is also within normal values, averaging (101.854).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. CAN’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CAN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock worse than average.

A.I.Advisor
published Dividends

CAN paid dividends on December 02, 2021

Canaan CAN Stock Dividends
А quarterly dividend of $1.14 per share was paid with a record date of December 02, 2021, and an ex-dividend date of November 15, 2021. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Dell Technologies (NYSE:DELL), Seagate Technology Holdings PLC (NASDAQ:STX), Western Digital Corp (NASDAQ:WDC), Arista Networks Inc (NYSE:ANET), HP (NYSE:HPQ), 3D Systems Corp (NYSE:DDD).

Industry description

Computer Processing Hardware industry produces central processing unit, monitor, keyboard, computer data storage devices, and graphics card. Business activity and economic growth are potential drivers of this industry – if more businesses are growing or flourishing, so would their investments in computer equipment. Dell Technologies, Inc, Hewlett Packard Enterprise Co., NCR Corporation are key producers of computer processing hardware.

Market Cap

The average market capitalization across the Computer Processing Hardware Industry is 28.36B. The market cap for tickers in the group ranges from -0.18 to 276.41B. DELL holds the highest valuation in this group at 276.41B. The lowest valued company is HAUP at -0.18.

High and low price notable news

The average weekly price growth across all stocks in the Computer Processing Hardware Industry was -1%. For the same Industry, the average monthly price growth was 7%, and the average quarterly price growth was 53%. ALOT experienced the highest price growth at 70%, while SCKT experienced the biggest fall at -34%.

Volume

The average weekly volume growth across all stocks in the Computer Processing Hardware Industry was 7%. For the same stocks of the Industry, the average monthly volume growth was -78% and the average quarterly volume growth was 124%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 46
P/E Growth Rating: 66
Price Growth Rating: 50
SMR Rating: 78
Profit Risk Rating: 82
Seasonality Score: 3 (-100 ... +100)
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published General Information

General Information

Industry ComputerProcessingHardware

Profile
Details
Industry
N/A
Address
28 Ayer Rajah Crescent
Phone
+65 63056618
Employees
399
Web
https://www.canaan.io
CAN's Indicator enters downward trend