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CAN makes New 52 Week Closing Low on July 23

Canaan Inc. (CAN) Technical Analysis, Stock Scans & Trading Signals · Jul 23, 2026, 17:33 ET
CAN closed down 6.36% on Thursday, July 23rd, with volume running 0.8× below average. Multiple bearish signals emerged — New 52 Week Low and New 52 Week Closing Low — suggesting potential weakness ahead. Key support levels exist at 0.24, 0.24 & 0.22, with resistance at 0.27, 0.28 & 0.29. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.

Current SwingTradeBot Technical Rating of CAN: F

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Canaan Inc. Sponsored ADR (CAN)