AVICANNA INC (AVCN.CA) Stock Technical Analysis
TSX:AVCN - Toronto Stock Exchange - CA05368K1003 - Common Stock - Currency: CAD
We assign a technical rating of 5 out of 10 to AVCN. AVCN has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, AVCN is a bad performer in the overall market: 68% of all stocks are doing better.
In the last month AVCN has a been trading in the 0.23 - 0.38 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
AVCN is an average performer in the Pharmaceuticals industry, it outperforms 41% of 35 stocks in the same industry.
AVCN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AVCN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.23
0.41
We found 1 important support area.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.41 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
CRS32.95
Mansfield0.41
10 Day High0.38
10 Day Low0.26
20 Day High0.38
20 Day Low0.23
52 Week High0.6
52 Week Low0.2
Performance
1 Week17.46%
2 Weeks39.62%
1 Month27.59%
3 Month19.35%
6 Month-15.91%
12 Month-23.71%
2 Year-11.9%
3 Year13.85%
5 Year-82.46%
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)67.04
LBB0.22
UBB0.36
TSX:AVCN (3/7/2025, 7:00:00 PM)
0.37
+0.03 (+7.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg7.25%
1 Week17.46%
2 Weeks39.62%
1 Month27.59%
3 Month19.35%
6 Month-15.91%
12 Month-23.71%
2 Year-11.9%
3 Year13.85%
5 Year-82.46%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%8.28%
ATR Inc96.18%
Range Today0.03
ADR(20)0.03
ADR(20)%7.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.95
Mansfield0.41
10 Day High0.38
10 Day Low0.26
20 Day High0.38
20 Day Low0.23
52 Week High0.6
52 Week Low0.2
CS1 End0.23
CR1 Start0.41
Volume & EV
DER(3)2.23%
DER(5)-17.84%
Volume140.21K
Volume Incr28.5%
Vol(5)279.37K
Vol(50)177.64K