CANF stock: buy or sell?

CANF stock price: $1.82 0.00% At close on Nov 25th, 2020

Updated on:
Nov 27th, 2020

1

CANF stock brief

  • Can-Fite Biopharma Ltd Sponsored ADR (Is closed on Wednesday at $1.82 (0.00%) prior to reporting financial results on Friday
  • Can-Fite Biopharma Ltd Sponsored ADR (Is posted its financial report on Friday
  • Looking at the chart, price is drawing an scaled downtrend since mid-October with lower tops and lower bottoms. shares price lost a -18.02% since the downtrend started.
  • Can-Fite BioPharma Ltd., a clinical-stage biopharmaceutical company, develops small molecule therapeutic products for the treatment of cancer, liver and inflammatory disease, and sexual dysfunction.

Should I buy Can-Fite Biopharma Ltd Sponsored ADR (Is stock?

All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $CANF stock a buy?

In the current situation of Can-Fite Biopharma Ltd Sponsored ADR (Is there is not any eligible buy setup. This doesn't mean $CANF will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Can-Fite Biopharma Ltd Sponsored ADR (Is stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Like when we have to buy shares, deciding when is the best time to sell is not a capricious decision, and we must adhere our own trading style. When selling, as well as buying, our setups are very simple to follow but are only valid for selling shares you already own, not for selling short Can-Fite Biopharma Ltd Sponsored ADR (Is stock

A golden rule is that you must never hold a trading operation that generates losses greater than those expected at the time of the buy. The timing to sell your stock must always be ruled by the stop-loss (automatic or manual)

Is it time to sell Can-Fite Biopharma Ltd Sponsored ADR (Is stock?

In the current situation of Can-Fite Biopharma Ltd Sponsored ADR (Is there is not any eligible sell setup, so Can-Fite Biopharma Ltd Sponsored ADR (Is stock holders with operations in profit can keep their positions

Can-Fite Biopharma Ltd Sponsored ADR (Is ratings

In the last 30 days we couldn't find any rating for Can-Fite Biopharma Ltd Sponsored ADR (Is

Can-Fite Biopharma Ltd Sponsored ADR (Is stock analysis

Can-Fite Biopharma Ltd Sponsored ADR (Is continues in downtrend since mid-October, and has accumulated a selloff of -18.02%. Like in all downtrends, the stock oscillates drawing lower tops and bottoms. In this case, we have seen 2 consecutive lower tops

SMAs overview

CANF stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $1.90 (4.40% above)
  • R2: $1.99 (9.34% above)
  • R3: $2.04 (12.09% above)
  • The current supports are:

  • S1: $1.70 (-6.59% below)
  • S2: $1.66 (-8.79% below)
  • S3: $1.64 (-9.89% below)
  • Bollinger bands

    CANF stock Bollinger Bands chart

    Relative strength index

    When the Relative Strength Indicator moves for so long below 70 and above 30, without indication of overbought and oversold, the indicator is of little use, and we are now in one of these cases.

    CANF stock RSI chart

    Can-Fite Biopharma Ltd Sponsored ADR (Is stock price history

    Can-Fite Biopharma Ltd Sponsored ADR (Is started trading priced at an adjusted price1 of $90.00 on Oct 2013. Since then, CANF stock depreciated by -97.98%. If you had invested thousand dollars in Can-Fite Biopharma Ltd Sponsored ADR (Is stock at that time, it would be valued $20.22 today.

    1: Adjusted price after possible price splits or reverse-splits

    CANF stock price history chart

    Price target for Can-Fite Biopharma Ltd Sponsored ADR (Is stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price predictions are posted every day by banks, financial institutions and independent analysts.

    The following table shows the price target released by analysts in the last 30 days. If you are a small trader you must not buy or sell based on these predictions.

    We don't have any target price published in the previous 4 weeks for Can-Fite Biopharma Ltd Sponsored ADR (Is.

    Earnings and financials

    FQ3 shareholders event was hosted by Can-Fite Biopharma Ltd Sponsored ADR (Is ($CANF) on Friday after releasing the earnings report.

    This compares to Earnings of $-2.70 per share a year ago, so current EPS means 100.00%.

    CANF ($CANF) is hosting the Q4 earnings call next March 2021.

    Can-Fite Biopharma Ltd Sponsored ADR (Is performance

    CANF performance compared
    Company1m3m6m
    Can-Fite Biopharma Ltd Sponsored ADR (Is ($CANF) 4.00% -16.90% -11.20%

    Disclaimer:
    The thoughts expressed in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this report does not know the specific positions of the reader, his or her own finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are provided for education purposes only

    CANF summary

    Wednesday, November 25th, 2020
    Open$1.84
    Close$1.82
    Day range$1.79 - $1.86
    Previous close$1.82
    Session gain0.00%
    Average true range$0.13
    50d mov avg$1.80
    100d mov avg$1.98
    200d mov avg$1.84
    Earnings dateMarch 26th, 2021

    Frequently asked questions

    What is Can-Fite Biopharma Ltd Sponsored ADR (Is stock symbol?

    Can-Fite Biopharma Ltd Sponsored ADR (Israel) is a public company trading in the US stock market with the CANF symbol

    Is Can-Fite Biopharma Ltd Sponsored ADR (Is stock a buy or sell?

    Can-Fite Biopharma Ltd Sponsored ADR (Is had no ratings in the last four weeks Read the article to get additional tips on trading CANF stock.

    Will CANF go up?

    There were no predictions published by market analysts in the last 30 days for Can-Fite Biopharma Ltd Sponsored ADR (Is.