ACANTHE DEVELOPPEMENT SA (ACAN.PA) Stock Technical Analysis
EPA:ACAN - Euronext Paris - Matif - FR0000064602 - REIT - Currency: EUR
Overall ACAN gets a technical rating of 5 out of 10. 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.
85% 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. 84% of 40 stocks in the same industry do better.
Warning: ACAN has an average volume of 14367 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
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.
In the last month ACAN has a been trading in the 0.32 - 0.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 0.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.33, a Stop Loss order could be placed below this zone.
More info and screens
0.31
0.36
3 important support areas can be observed.
- 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.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.34 to 0.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.35 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for ACAN.PA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ACAN.PA is up. |
| ChartMill Relative Strength | 15.5 | NEGATIVE | ACAN.PA has a low relative strength, it was outperformed by 84.5% 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) | UP | POSITIVE | The current price of ACAN.PA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ACAN.PA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.54 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 62.82 | NEUTRAL | The Stochastics value for ACAN.PA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for ACAN.PA suggests some volalility. |
| Average Directional Index/ADX (14) | 24.16 | NEUTRAL | The ADX value for ACAN.PA suggests a possible start of a new 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 (6/30/2025, 3:38:04 PM)
0.336
+0 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.3%
1 Week-1.47%
2 Weeks2.13%
1 Month2.45%
3 Month1.52%
6 Month8.06%
12 Month-17.28%
2 Year-6.94%
3 Year-21.55%
5 Year-24.72%
10 Year-9.46%
15 Year-77.36%
Volatility
ATR(14)0.01
ATR(20)%2.49%
ATR Inc30.09%
Range Today0
ADR(20)0.01
ADR(20)%1.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.5
Mansfield-0.84
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 End0.33
CR1 Start0.34
Volume & EV
DER(3)0%
DER(5)0%
Volume727
Volume Incr-29.51%
Vol(5)9.76K
Vol(50)14.37K