BIT:CANA - LU0950672807 - ETF
We assign a technical rating of 10 out of 10 to CANA. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CANA is showing a nice and steady performance.
Although CANA has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
16.58
When analyzing the support we can see 5 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CANA.MI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CANA.MI is up. |
ChartMill Relative Strength | 79.68 | POSITIVE | CANA.MI has a high relative strength, it outperformed 79.68% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CANA.MI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CANA.MI is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CANA.MI is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 64.72 | NEUTRAL | The RSI value for CANA.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests CANA.MI has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 94.29 | OVERBOUGHT | The high Stochastics value suggests CANA.MI may be overbought. |
Average True Range in percent/ATR (20) | 1.09 | LOW VOLATILITY | The low ATR as a percentage value for CANA.MI suggests low volalility. |
Average Directional Index/ADX (14) | 16.35 | NEGATIVE | The low ADX value for CANA.MI suggests a weak or negative trend. |
BIT:CANA (9/10/2025, 10:09:15 AM)
21.165
+0.2 (+0.98%)