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AKITA DRILLING LTD-CL A (AKT-A.CA) Stock Technical Analysis

TSX:AKT-A - Toronto Stock Exchange - CA0099051009 - Common Stock - Currency: CAD

1.5  -0.08 (-5.06%)

Technical Rating and Analysis

0

Taking everything into account, AKT-A scores 0 out of 10 in our technical rating. AKT-A'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.

When comparing the yearly performance of all stocks, AKT-A is a bad performer in the overall market: 78% of all stocks are doing better.
AKT-A is part of the Energy Equipment & Services industry. There are 28 other stocks in this industry, of which 66% are performing better than AKT-A.
In the last month AKT-A has a been trading in the 1.47 - 1.76 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.
Warning: AKT-A has an average volume of 17528 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
AKT-A is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AKT-A is lagging the market slightly.
Weekly and Daily overview Charts
AKITA DRILLING LTD-CL A / AKT-A Weekly stock chart
AKITA DRILLING LTD-CL A / AKT-A Daily stock chart
Setup Rating and Analysis

1

The technical rating of AKT-A is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

1.27

1.78

We found 2 important support areas.

  • Support @1.38 from a trend line in the weekly time frame.
  • Support @1.28 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 1.65 to 1.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 1.73 to 1.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.19
Mansfield-0.55
10 Day High1.76
10 Day Low1.47
20 Day High1.76
20 Day Low1.47
52 Week High1.78
52 Week Low1.2
Performance
1 Week-9.09%
2 Weeks-13.79%
1 Month-7.98%
3 Month-9.64%
6 Month14.5%
12 Month-13.79%
2 Year1.35%
3 Year-18.03%
5 Year233.33%
10 Year-85.58%
15 Year-84.69%
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)32.77
LBB1.52
UBB1.8
AKITA DRILLING LTD-CL A / AKT-A Daily stock chart

AKITA DRILLING LTD-CL A

TSX:AKT-A (3/3/2025, 7:00:00 PM)

1.5

-0.08 (-5.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-5.06%
1 Week-9.09%
2 Weeks-13.79%
1 Month-7.98%
3 Month-9.64%
6 Month14.5%
12 Month-13.79%
2 Year1.35%
3 Year-18.03%
5 Year233.33%
10 Year-85.58%
15 Year-84.69%
Volatility
ATR(14)0.07
ATR(20)%4.33%
ATR Inc89.41%
Range Today0.13
ADR(20)0.06
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.19
Mansfield-0.55
10 Day High1.76
10 Day Low1.47
20 Day High1.76
20 Day Low1.47
52 Week High1.78
52 Week Low1.2
CS1 End1.38
CR1 Start1.65
Volume & EV
DER(3)4.53%
DER(5)22.05%
Volume24.28K
Volume Incr101.3%
Vol(5)15.93K
Vol(50)17.53K