AKANDA CORP (AKAN)
CA00971M3049 - Common Stock
Overall AKAN gets a technical rating of 1 out of 10. AKAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than AKAN.
AKAN is one of the lesser performing stocks in the Pharmaceuticals industry. 86% of 193 stocks in the same industry do better.
AKAN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AKAN is lagging the market.
In the last month AKAN has a been trading in the 1.28 - 1.98 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
AKAN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for AKAN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.31
1.72
We found 1 important support area.
- Support @1.32 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @1.49 from a trend line in the daily time frame.
- Resistance @1.70 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.91
Mansfield-8.78
10 Day High1.65
10 Day Low1.28
20 Day High1.98
20 Day Low1.28
52 Week High56.8
52 Week Low1.22
Performance
1 Week-5.37%
2 Weeks-8.44%
1 Month5.22%
3 Month-39.74%
6 Month-69.87%
12 Month-95.9%
2 Year-98.82%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)43.18
LBB1.26
UBB1.75
AKANDA CORP
NASDAQ:AKAN (12/20/2024, 8:00:00 PM)
After market: 1.4 -0.01 (-0.71%)1.41
+0.05 (+3.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.68%
1 Week-5.37%
2 Weeks-8.44%
1 Month5.22%
3 Month-39.74%
6 Month-69.87%
12 Month-95.9%
2 Year-98.82%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%13.13%
ATR Inc-21.11%
Range Today0.1
ADR(20)0.18
ADR(20)%12.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.91
Mansfield-8.78
10 Day High1.65
10 Day Low1.28
20 Day High1.98
20 Day Low1.28
52 Week High56.8
52 Week Low1.22
CS1 End1.32
CR1 Start1.49
Volume & EV
DER(3)5.32%
DER(5)0.2%
Volume52.10K
Volume Incr-28.95%
Vol(5)88.94K
Vol(50)899.83K