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CAN
Stock ticker: NASDAQ
AS OF
Apr 1, 11:39 AM (EDT)
Price
$0.81
Change
-$0.07 (-7.95%)
Capitalization
356.18M

CAN Canaan Forecast, Technical & Fundamental Analysis

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

CAN
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for CAN with price predictions
Mar 31, 2025

CAN's RSI Oscillator slumps oversold zone

The RSI Indicator for CAN moved into overbought territory on March 31, 2025. Be on the watch for a price drop or consolidation in the future -- when this happens, think about selling the stock or exploring put options.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The Moving Average Convergence Divergence (MACD) for CAN just turned positive on March 19, 2025. Looking at past instances where CAN's MACD turned positive, the stock continued to rise in of 51 cases over the following month. The odds of a continued upward trend are .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where CAN advanced for three days, in of 235 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.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 26, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CAN as a result. In of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent 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 .

The Aroon Indicator for CAN entered a downward trend on March 31, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put 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 fair valued 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 (0.942) is normal, around the industry mean (6.425). P/E Ratio (6.435) is within average values for comparable stocks, (59.439). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (55.962). CAN has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.034). P/S Ratio (1.138) is also within normal values, averaging (11.728).

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 81, placing this stock worse than average.

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CAN
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published Earnings

CAN is expected to report earnings to fall 78.79% to -7 cents per share on May 23

Canaan CAN Stock Earnings Reports
Q1'25
Est.
$-0.07
Q4'24
Missed
by $0.25
Q3'24
Missed
by $1.73
Q2'24
Missed
by $1.00
Q1'24
Beat
by $0.04
The last earnings report on March 26 showed earnings per share of -33 cents, missing the estimate of -7 cents. With 6.41M shares outstanding, the current market capitalization sits at 356.18M.
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 General Information

General Information

Industry ComputerPeripherals

Profile
Fundamentals
Details
Industry
N/A
Address
28 Ayer Rajah Crescent No. 06-08
Phone
+65 63056618
Employees
541
Web
https://www.canaan-creative.com
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CAN and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, CAN has been loosely correlated with EBON. These tickers have moved in lockstep 41% of the time. This A.I.-generated data suggests there is some statistical probability that if CAN jumps, then EBON could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CAN
1D Price
Change %
CAN100%
-3.60%
EBON - CAN
41%
Loosely correlated
-4.94%
PSTG - CAN
33%
Poorly correlated
-3.76%
IONQ - CAN
33%
Poorly correlated
-3.41%
CRSR - CAN
32%
Poorly correlated
-2.74%
RGTI - CAN
31%
Poorly correlated
-6.49%
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