Today
-7.34%
5 Days
-16.58%
1 Month
-12.69%
6 Months
+16.94%
Year to Date
-62.01%
1 Year
-72.77%
Canaan Inc's fundamentals are relatively very healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 44/72 in the Financial Technology (Fintech) & Infrastructure industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 0.00.In the medium term, the stock price is expected to remain stable.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Bitcoin’s rebound has sparked a broad rally in crypto-related equities, but can the momentum hold?

Crypto-linked equities rallied ahead of the U.S. market open, with Canaan (CAN) leading gains for a third straight day.

Canaan (CAN) rebounds sharply after announcing a 2.5MW pilot project converting flared gas into mining power.

On Monday, July 21, both the S&P 500 and Nasdaq Composite extended their record-breaking streaks, driven by strength in tech megacaps.

On Wednesday, July 16, the U.S. House of Representatives reversed course and passed a key procedural vote on three major crypto bills, triggering a broad rally in crypto-related stocks.

On Tuesday, July 15, three major crypto bills backed by President Donald Trump were unexpectedly defeated in a procedural vote in the U.S. House of Representatives.



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