ACANTHE DEVELOPPEMENT SA (ACAN.PA) Stock Technical Analysis
Europe - Euronext Paris - EPA:ACAN - FR0000064602 - REIT
Overall ACAN gets a technical rating of 1 out of 10. ACAN'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.
- 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.
- 90% 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. 90% of 42 stocks in the same industry do better.
- 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Warning: ACAN has an average volume of 23800 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 0.21 - 0.23 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, ACAN does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
0.21
We found 1 important support area.
- 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.
We can see 5 important resistance areas.
- Resistance @0.26 from a horizontal line in the daily time frame.
- Resistance @0.30 from a trend line in the weekly time frame.
- Resistance @0.32 from a horizontal line in the daily 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.
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 | NEUTRAL | NEUTRAL | The short term trend for ACAN.PA is neutral. |
| ChartMill Relative Strength | 10.29 | NEGATIVE | ACAN.PA has a low relative strength, it was outperformed by 89.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ACAN.PA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ACAN.PA is below a declining 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) | 54.13 | NEUTRAL | The RSI value for ACAN.PA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ACAN.PA has a positive trend. |
| Stochastics (14,3) | 75.96 | NEUTRAL | The Stochastics value for ACAN.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.2 | MEDIUM VOLATILITY | The ATR as a percentage value for ACAN.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.41 | POSITIVE | The high ADX value value for ACAN.PA suggests a strong trend. |
EPA:ACAN (1/21/2026, 7:00:00 PM)
0.23
+0.01 (+4.55%)
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 1 / 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 54.1318. 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 0.00185329, indicating a bearish trend.
What is the support and resistance level for ACAN stock?
ACANTHE DEVELOPPEMENT SA (ACAN.PA) has a support level at 0.21 and a resistance level at 0.26. Check the full technical report for our detailed analysis of ACAN.PA support and resistance levels.