THE FRONTIER ECONOMIC FUND (AKAF) Stock Technical Analysis
NYSE:AKAF - New York Stock Exchange, Inc. - US2689617031 - ETF - Currency: USD
Overall AKAF gets a technical rating of 3 out of 10. AKAF performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of AKAF 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.
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25.34
When analyzing the support we notice one important area.
- A support zone ranging from 25.60 to 25.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.30 to 26.80. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for AKAF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AKAF is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | AKAF has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AKAF is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 47.16 | NEUTRAL | The RSI value for AKAF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.02 | NEGATIVE | The MACD value suggests AKAF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.86 | OVERSOLD | The low Stochastics value suggests AKAF may be oversold. |
| Average True Range in percent/ATR (20) | 1.17 | LOW VOLATILITY | The low ATR as a percentage value for AKAF suggests low volalility. |
| Average Directional Index/ADX (14) | 34.45 | POSITIVE | The high ADX value value for AKAF suggests a strong trend. |
NYSE:AKAF (8/4/2025, 8:04:00 PM)
26.0206
+0.41 (+1.62%)