AKANDA CORP (AKAN)
CA00971M3049 - Common Stock
Taking everything into account, AKAN scores 0 out of 10 in our technical rating. AKAN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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. 90% of 195 stocks in the same industry do better.
AKAN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month AKAN has a been trading in the 0.82 - 1.39 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
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.
More info and screens
0.84
1.12
3 important resistance areas can be observed.
- Resistance @0.99 from a trend line in the daily time frame.
- Resistance @1.05 from a trend line in the daily time frame.
- Resistance @1.11 from a horizontal 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
CRS1.22
Mansfield-9.02
10 Day High1.39
10 Day Low0.82
20 Day High1.39
20 Day Low0.82
52 Week High28.4
52 Week Low0.82
Performance
1 Week-20.64%
2 Weeks-16.75%
1 Month-26.17%
3 Month-46.93%
6 Month-76.54%
12 Month-95.28%
2 Year-99.22%
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)-0.01
RSI(14)31.67
LBB0.83
UBB1.15
AKANDA CORP
NASDAQ:AKAN (10/28/2024, 8:00:58 PM)
After market: 0.8323 -0.02 (-1.98%)0.8491
+0.01 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.87%
1 Week-20.64%
2 Weeks-16.75%
1 Month-26.17%
3 Month-46.93%
6 Month-76.54%
12 Month-95.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%13.09%
ATR Inc
Range Today0.06
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.39
10 Day Low0.82
20 Day High1.39
20 Day Low0.82
52 Week High28.4
52 Week Low0.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume217.90K
Volume Incr-79.27%
Vol(5)392.44K
Vol(50)829.36K