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CAN makes New 52 Week Closing Low on July 29

Canaan Inc. (CAN) — Daily Technical Analysis & Swing Trading Signals · Jul 29, 2026, 17:48 ET
CAN closed down 2.05% on Wednesday, July 29th, with volume running 0.6× below average. reversal patterns (Doji - Bullish?) combined with consolidation patterns (NR7 and NR7-2) suggest a potential shift in market dynamics. Key support levels exist at 0.23, 0.22 & 0.21, with resistance at 0.24, 0.25 & 0.25. Slow Stochastic readings suggest the stock is currently oversold.

Current SwingTradeBot Technical Rating of CAN: F

There’s more where that came from. See all of today’s signals for CAN here.

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Canaan Inc. Sponsored ADR (CAN)