


Technical Sentiment Analysis for Canaan Inc (CAN) As of 2026-05-29, Canaan Inc (CAN) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 3 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CAN stands at 39.214, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0265, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 16.201 and the Commodity Channel Index (CCI) at -83.419 further confirm a -0.114 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, CAN is trading below its 60-day moving average of $0.477 and below its 200-day long-term moving average of $0.774. Key price levels to watch include the immediate resistance at $0.498 and strong support at $0.37. A break above $0.498 could signal a bull continuation, while falling below $0.37 may test the next Fibonacci floor at $0.312.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.243 | 0.312 | 0.37 | 0.439 | 0.498 | 0.567 | 0.625 |
| Fibonacci | 0.312 | 0.36 | 0.39 | 0.439 | 0.488 | 0.518 | 0.567 |
2026-05-29
| Name | Value |
|---|---|
| RSI_14 | 39.214 |
| STOCHk_14_3_3 | 16.201 |
| STOCHd_14_3_3 | 10.041 |
| CCI_20 | -83.419 |
| AO_5_34 | -0.0862 |
| MOM_10 | -0.114 |
| MACD_12_26_9 | -0.0265 |
2026-05-29
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 0.408 | Buy |
| MA_10 | 0.429 | Sell |
| MA_20 | 0.475 | Sell |
| MA_60 | 0.477 | Sell |
| MA_200 | 0.774 | Sell |
| MA_250 | 0.761 | Sell |