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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
$18.15
$1.16(6.83%)
U.S. Market opens in 42h 11m

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: 47.44)
Trend Strength:Strong (ADX: 34.17)
Volatility:High (ATR: 0.91)
Support/Resistance:$14.21 – $21.12 (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): 47.44

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 52.66

Neutral
Mid-range signal with no clear trend.

Williams %R: -22.19

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -5.73

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -1.35

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 34.17

Strong
Strong trend, momentum well established.

ATR (14): 0.91

Low
Low volatility, stable price action.

CCI (14): 116.98

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$21.12
Middle Band (SMA 20)
$17.67
Lower Band
$14.21
Current Position
Within Bands

Takeaway:21Shares Canton Network ETF trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$19.62
Middle Line (EMA 20)
$17.80
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-269.44K
Money Flow Index44.44Neutral, balanced money flows with no clear signal.
Relative Vigor Index42.30Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:TCAN shows balanced money flow with a slight bearish tilt.

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.

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

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