Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
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
$19.24
$0.85(4.65%)
U.S. Market opens in 3h 28m

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 Bullish (RSI: 54.71)
Trend Strength:Weak (ADX: 18.02)
Volatility:High (ATR: 1.06)
Support/Resistance:$15.39 – $20.81 (Bollinger Bands)

Technical conditions suggest 21Shares Canton Network ETF on the NASDAQ is awaiting a decisive move. Overall, 21Shares Canton Network ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 54.71

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 80.37

Bearish
Overbought levels may trigger pullback.

Williams %R: -14.67

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.22

Bullish
Steady upward momentum.

Takeaway:21Shares Canton Network ETF shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.02

Weak
Weak trend, market trading sideways.

ATR (14): 1.06

Low
Low volatility, stable price action.

CCI (14): 79.87

Bullish
Bullish, momentum building upward.

Takeaway:21Shares Canton Network ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$20.81
Middle Band (SMA 20)
$18.10
Lower Band
$15.39
Current Position
Within Bands

Takeaway:21Shares Canton Network ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$20.23
Middle Line (EMA 20)
$18.11
Lower Channel
$15.99
Squeeze Status
No Squeeze

Takeaway:21Shares Canton Network ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-125.74K
Money Flow Index46.48Neutral, balanced money flows with no clear signal.
Relative Vigor Index51.96Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:TCAN shows neutral money flow, with no clear directional pressure.

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

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:21Shares Canton Network ETF shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(NASDAQ: TCAN) Technical Analysis FAQ