CANC in -2.47% downward trend, falling for three consecutive days on December 30, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where CANC declined for three days, in of 67 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Aroon Indicator for CANC entered a downward trend on December 19, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where CANC's RSI Oscillator exited the oversold zone, of 8 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 13 cases where CANC'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 Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on CANC as a result. In of 20 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for CANC just turned positive on January 06, 2025. Looking at past instances where CANC's MACD turned positive, the stock continued to rise in of 12 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 CANC advanced for three days, in of 90 cases, the price rose further within the following month. The odds of a continued upward trend are .
General Information
Category Health
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| MSCMX | 15.33 | 0.22 | +1.46% |
| Morgan Stanley Insight C | |||
| TCGLX | 52.16 | 0.59 | +1.14% |
| Touchstone Large Company Growth C | |||
| MSELX | 19.99 | 0.08 | +0.40% |
| Morgan Stanley Inst Emerging Mkts L | |||
| JHISX | 11.80 | 0.04 | +0.34% |
| Janus Henderson VIT Global Sust Eq Ins | |||
| LMGRX | 60.85 | 0.15 | +0.25% |
| ClearBridge International Growth R | |||
CANC and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CANC has been closely correlated with XBI. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if CANC jumps, then XBI could also see price increases.
| Ticker / NAME | Correlation To CANC | 1D Price Change % | ||
|---|---|---|---|---|
| CANC | 100% | -0.14% | ||
| XBI - CANC | 90% Closely correlated | +0.09% | ||
| IBB - CANC | 90% Closely correlated | -0.23% | ||
| VHT - CANC | 72% Closely correlated | -0.63% | ||
| XLV - CANC | 63% Loosely correlated | -0.67% | ||
| IHI - CANC | 53% Loosely correlated | +0.37% |