ACANTHE DEVELOPPEMENT SA (ACAN.PA) Stock Technical Analysis
EPA:ACAN - Euronext Paris - Matif - FR0000064602 - REIT - Currency: EUR
We assign a technical rating of 1 out of 10 to ACAN. ACAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
90% of all other stocks performed better in the past year than ACAN.
ACAN is part of the Diversified REITs industry. There are 42 other stocks in this industry, of which 87% are performing better than ACAN.
ACAN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ACAN has a been trading in the 0.31 - 0.34 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ACAN has an average volume of 16859 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Although the technical rating is bad, ACAN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.31
0.35
We found 2 important support areas.
- Support @0.32 from a horizontal line in the weekly time frame.
- Support @0.31 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.32 to 0.32. 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 0.33 to 0.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ACAN.PA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ACAN.PA is down. |
| ChartMill Relative Strength | 10.16 | NEGATIVE | ACAN.PA has a low relative strength, it was outperformed by 89.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ACAN.PA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ACAN.PA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ACAN.PA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.92 | NEUTRAL | The RSI value for ACAN.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ACAN.PA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.32 | NEUTRAL | The Stochastics value for ACAN.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for ACAN.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 13.2 | NEGATIVE | The low ADX value for ACAN.PA suggests a weak or negative trend. |
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)
EPA:ACAN (8/5/2025, 7:00:00 PM)
0.32
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0%
1 Week-2.74%
2 Weeks0.31%
1 Month-3.03%
3 Month-0.87%
6 Month-10.36%
12 Month-21.76%
2 Year-10.11%
3 Year-24.88%
5 Year-26.44%
10 Year-5.88%
15 Year-75.19%
Volatility
ATR(14)0.01
ATR(20)%2.58%
ATR Inc-65%
Range Today0
ADR(20)0.01
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.16
Mansfield-1.06
10 Day High0.33
10 Day Low0.31
20 Day High0.35
20 Day Low0.31
52 Week High0.43
52 Week Low0.29
CS1 End0.32
CR1 Start0.32
Volume & EV
DER(3)0%
DER(5)0%
Volume4.60K
Volume Incr2.54%
Vol(5)18.75K
Vol(50)16.86K