ACANTHE DEVELOPPEMENT SA (ACAN.PA) Stock Technical Analysis

EPA:ACAN • FR0000064602

0.253 EUR
+0.02 (+6.75%)
Last: Feb 23, 2026, 01:50 PM
Technical Rating and Analysis

2

Taking everything into account, ACAN scores 2 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.

  • The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
  • 87% of all other stocks performed better in the past year than ACAN.
  • ACAN is one of the lesser performing stocks in the Diversified REITs industry. 87% of 42 stocks in the same industry do better.
  • Warning: ACAN has an average volume of 27412 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 0.23 - 0.25 range, which is quite wide. It is currently trading near the high of this range.
  • 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.
  • Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ACANTHE DEVELOPPEMENT SA / ACAN Weekly stock chart
ACANTHE DEVELOPPEMENT SA / ACAN Daily stock chart
Setup Rating and Analysis

3

The technical rating of ACAN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.21

0.35

3 important support areas can be observed.

  • A support zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • Resistance @0.29 from a trend line in the weekly time frame.
  • Resistance @0.33 from a trend line in the weekly time frame.
  • Resistance @0.35 from a horizontal line in the weekly time frame.
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 IndicatorDOWNNEGATIVEThe long term trend for ACAN.PA is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ACAN.PA is neutral.
ChartMill Relative Strength13.95NEGATIVEACAN.PA has a low relative strength, it was outperformed by 86.05% 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)DOWNNEGATIVEThe current price of ACAN.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)52.34NEUTRALThe 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)29.17NEUTRALThe Stochastics value for ACAN.PA is a neutral value.
Average True Range in percent/ATR (20)3.31MEDIUM VOLATILITYThe ATR as a percentage value for ACAN.PA suggests some volalility.
Average Directional Index/ADX (14)17.67NEGATIVEThe 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 (2/23/2026, 1:50:08 PM)

0.253

+0.02 (+6.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg6.75%
1 Week-1.25%
2 Weeks0%
1 Month3.04%
3 Month2.6%
6 Month-24.76%
12 Month-25.94%
2 Year-36.29%
3 Year-37.14%
5 Year-44.24%
10 Year-50.62%
15 Year-82.18%
Volatility
ATR(14)0.01
ATR(20)%3.31%
ATR Inc-30%
Range Today0
ADR(20)0.01
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.95
3 months CRS44.62
6 months CRS9.58
Mansfield-2.57
10 Day High0.25
10 Day Low0.23
20 Day High0.25
20 Day Low0.23
52 Week High0.36
52 Week Low0.2
CS1 End0.24
CR1 Start0.24
Volume & EV
DER(3)0%
DER(5)0%
Volume480
Volume Incr-87.99%
Vol(5)2.90K
Vol(50)27.41K

ACANTHE DEVELOPPEMENT SA / ACAN.PA FAQ

What is the ChartMill technical rating of ACANTHE DEVELOPPEMENT SA (ACAN.PA) stock?

ChartMill assigns a technical rating of 2 / 10 to ACAN.PA.


What is the current trend direction of ACANTHE DEVELOPPEMENT SA (ACAN.PA) stock?

The current trend direction for ACANTHE DEVELOPPEMENT SA (ACAN.PA) is Bearish.


What is the RSI signal for ACANTHE DEVELOPPEMENT SA (ACAN.PA) stock?

ACANTHE DEVELOPPEMENT SA (ACAN.PA) has an RSI value of 52.3423. This indicates that the stock is currently neutral.


What is the MACD signal for ACANTHE DEVELOPPEMENT SA (ACAN.PA) stock?

The MACD indicator for ACANTHE DEVELOPPEMENT SA (ACAN.PA) has a value of -0.000576293, indicating a bearish trend.


What is the support and resistance level for ACAN stock?

ACANTHE DEVELOPPEMENT SA (ACAN.PA) has a support level at 0.24 and a resistance level at 0.24. Check the full technical report for our detailed analysis of ACAN.PA support and resistance levels.