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21Shares Canton Network ETF

TCAN Technical Analysis Summary (NASDAQ)

Analyze TCAN on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

TCAN●NASDAQ
Financial ServicesAsset Management - Cryptocurrency
$17.98
$0.93(4.90%)
U.S. Market opens in 57h 45m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

TCAN Technical Analysis Summary (NASDAQ)

21Shares Canton Network ETF (NASDAQ: TCAN) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.80)
Trend Strength:Moderate (ADX: 21.00)
Volatility:High (ATR: 1.14)
Support/Resistance:$14.65 – $21.36 (Bollinger Bands)

Technical conditions suggest 21Shares Canton Network ETF on the NASDAQ is awaiting a decisive move. This mix signals that 21Shares Canton Network ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 45.80

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 50.24

Neutral
Mid-range signal with no clear trend.

Williams %R: -57.05

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 17.18

Strongly Bullish
Strong upside momentum.

Takeaway:21Shares Canton Network ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.14

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.00

Moderate
Moderate trend, direction gaining strength.

ATR (14): 1.14

Low
Low volatility, stable price action.

CCI (14): -29.79

Bearish
Bearish, momentum remains under pressure.

Takeaway:21Shares Canton Network ETF shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$21.36
Middle Band (SMA 20)
$18.00
Lower Band
$14.65
Current Position
Within Bands

Takeaway:21Shares Canton Network ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$20.98
Middle Line (EMA 20)
$18.71
Lower Channel
$16.43
Squeeze Status
No Squeeze

Takeaway:21Shares Canton Network ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-238.21K
Money Flow Index55.39Neutral, balanced money flows with no clear signal.
Relative Vigor Index30.40Bearish, price momentum favors sellers.

Overall Takeaway:TCAN shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of 21Shares Canton Network ETF (NASDAQ: TCAN), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:21Shares Canton Network ETF shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: TCAN) Technical Analysis FAQ