−2.40USD
−414.15 MUSD
211.48 MUSD
About Canaan Inc.
Sector
Industry
CEO
Nan Geng Zhang
Website
Headquarters
Singapore
Founded
2013
ISIN
US1347481020
FIGI
BBG00QQ10GB3
Canaan, Inc. engages in the provision of computing solutions. Currently, the firm is focused on the research and development of technology, including such areas as AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration and chip integration. It also provides a suite of AI service solutions. The company was founded by Li Jia Xuan, Liu Xiang Fu and Zhang Nan Geng in 2013 and is headquartered in Singapore.
CAN it recover? Another strong weekly RSI divergence spottedCAN has been one of, if not THE, worst performing mining stocks this cycle.
Like the rest, it's completely decorrelated from the recent BTC price action and looks a little oversold to me.
Weekly RSI divergence been building really nicely though since end of December.
Just publishing this idea to
Improving Macro Picture Points To A Better Future For CAN Pt2Reloading this trade based on the chart breakout.
Very steep pullback after the last breakout.
Lets see if we now have the energy to continue moving higher.
The bottoming of the business cycle and rising
liquidity should now begin to drive bitcoin and Crypto assets higher.
Price to book value 0.
Improving Macro Picture Points To A Better Future For CANThe bottoming of the business cycle and rising
liquidity should now begin to drive bitcoin and Crypto assets higher.
Price to book value 0.62
Price to Tang. book 0.68
Price to free cash flow 1.86
Price to sales 1.04
Value indicators point to a turn around.
Small Cap
Value
High beta
Technology
CAN, HUGE growth prospect. Can't missed this!CAN, has recorded significant net buying this past few days with volume surging +70% from 2.66M to 4.32M. This is hinting of significant accumulation in anticipation of the awaited growth season.
On weekly histogram, the stock registered higher lows - the shifting interval is 6 months. This depicts
Canaan Raises $50 Million to Bolster Crypto Mining Production
In a strategic move to fortify its position in the competitive crypto mining industry, Canaan, ( NASDAQ:CAN ) a prominent mining rig manufacturer listed on Nasdaq, has successfully raised over $50 million through preferred shares financing. The company aims to utilize the funds to enhance its resea
CAN Canaan Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CAN Canaan prior to the earnings report this week,
I would consider purchasing the 1.50usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.77.
If these options prove to be profitable prior to the earnin
CANNot an investment recommendation. This chart was made for personal study and personal use only. If you liked the idea, please like it. If not, write why. In my humble opinion, the price will go up.
Canaan - long position 1300% Profit
Canaan stock has experienced a downtrend since March 2021 without any apparent reason. Despite this, it's essential to note that Canaan is one of the top Bitcoin Mining Companies, boasting a price to book value under 1 and having no debt. Additionally, they have successfully sold many miners in 202
CAN - Can you smell it Mr Krabs? CAN looks like it's gearing up for another run before the halving as institutions load up on mining operators and gain exposure to crypto via public equities through derivative exposure.
The weekly timeframe would suggest that we are likely to get an opportunity to buy in the support zone at some
See all ideas
Trade directly on the supercharts through our supported, fully-verified and user-reviewed brokers.
Curated watchlists where CAN is featured.
