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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
$16.47
$0.33(1.96%)
U.S. Market opens in 3h 1m

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 bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 29.97)
Trend Strength:Strong (ADX: 33.28)
Volatility:High (ATR: 0.86)
Support/Resistance:$15.13 – $22.83 (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): 29.97

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 27.44

Bearish
Momentum remains weak below midpoint.

Williams %R: -78.45

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -17.55

Strongly Bearish
Sharp downside momentum.

Takeaway:21Shares Canton Network ETF shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -1.78

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.28

Strong
Strong trend, momentum well established.

ATR (14): 0.86

Low
Low volatility, stable price action.

CCI (14): -77.13

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
$22.83
Middle Band (SMA 20)
$18.98
Lower Band
$15.13
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$20.51
Middle Line (EMA 20)
$18.78
Lower Channel
$17.05
Squeeze Status
No Squeeze

Takeaway:21Shares Canton Network ETF trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-155.28K
Money Flow Index20.00Bearish, selling pressure outweighs inflows.
Relative Vigor Index31.56Bearish, price momentum favors sellers.

Overall Takeaway:TCAN shows bearish money flow, with sellers dominating volume and vigor.

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

MACD below signal line → short-term caution on momentum.

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