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CAN forms Pocket Pivot on July 30

SwingTradeBot Nightly Stock Scan: Canaan Inc. (CAN) — Technical Patterns & Alerts · Jul 30, 2026, 17:43 ET
On Thursday, July 30th, CAN moved up 6.45% while volume increased to 1.4× the usual levels. Pocket Pivot — typically a warning sign for traders — developed during the session. Key support levels exist at 0.23, 0.22 & 0.21, with resistance at 0.26, 0.27 & 0.28. Meanwhile, Slow Stochastic is showing oversold conditions.

Current SwingTradeBot Technical Rating of CAN: F

What else did CAN do today? Find out on SwingTradeBot.

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Canaan Inc. Sponsored ADR (CAN)