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ACANTHE DEVELOPPEMENT SA (ACAN.PA) Stock Technical Analysis

EPA:ACAN - Euronext Paris - Matif - FR0000064602 - REIT - Currency: EUR

0.345  +0.01 (+4.23%)

Technical Rating and Analysis

4

Taking everything into account, ACAN scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ACAN was also a bad performer in the overall market in the last year.

83% 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 73% are performing better than ACAN.
Warning: ACAN has an average volume of 15002 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ACAN has a been trading in the 0.32 - 0.34 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ACAN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ACAN is lagging the market.
Weekly and Daily overview Charts
ACANTHE DEVELOPPEMENT SA / ACAN Weekly stock chart
ACANTHE DEVELOPPEMENT SA / ACAN Daily stock chart
Setup Rating and Analysis

7

ACAN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.34, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.31

0.35

We found 4 important support areas.

  • A support zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support 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 support zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.31 from a trend line in the daily time frame.

We found 1 important resistance area.

  • 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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for ACAN.PA is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ACAN.PA is neutral.
ChartMill Relative Strength17.82NEGATIVEACAN.PA has a low relative strength, it was outperformed by 82.18% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ACAN.PA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ACAN.PA is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of ACAN.PA is above a declining SMA(200).
Relative Strength Index/RSI (14)58.98NEUTRALThe RSI value for ACAN.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests ACAN.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)61.11NEUTRALThe Stochastics value for ACAN.PA is a neutral value.
Average True Range in percent/ATR (20)2.57MEDIUM VOLATILITYThe ATR as a percentage value for ACAN.PA suggests some volalility.
Average Directional Index/ADX (14)19.9NEGATIVEThe low ADX value for ACAN.PA suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
ACANTHE DEVELOPPEMENT SA / ACAN Daily stock chart

ACANTHE DEVELOPPEMENT SA

EPA:ACAN (7/11/2025, 7:00:00 PM)

0.345

+0.01 (+4.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg4.23%
1 Week0.29%
2 Weeks2.99%
1 Month5.18%
3 Month9.49%
6 Month8.15%
12 Month-14.81%
2 Year-1.43%
3 Year-21.95%
5 Year-15.23%
10 Year-19.77%
15 Year-76.69%
Volatility
ATR(14)0.01
ATR(20)%2.57%
ATR Inc10.89%
Range Today0.01
ADR(20)0.01
ADR(20)%1.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.82
Mansfield-0.59
10 Day High0.35
10 Day Low0.32
20 Day High0.35
20 Day Low0.32
52 Week High0.43
52 Week Low0.29
CS1 End0.34
CR1 Start0.35
Volume & EV
DER(3)0%
DER(5)0%
Volume22.90K
Volume Incr6.07%
Vol(5)20.10K
Vol(50)15.00K