THE FRONTIER ECONOMIC FUND (AKAF) Stock Technical Analysis
NYSE:AKAF - US2689617031 - ETF
We assign a technical rating of 4 out of 10 to AKAF. AKAF has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
AKAF has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
25.34
We found 1 important support 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 27.80 to 27.80. This zone is formed by a combination of multiple trend lines 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) | UP | POSITIVE | The current price of AKAF is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 72.6 | OVERBOUGHT | The high RSI value suggests AKAF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests AKAF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 76.82 | NEUTRAL | The Stochastics value for AKAF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for AKAF suggests low volalility. |
| Average Directional Index/ADX (14) | 50.01 | POSITIVE | The high ADX value value for AKAF suggests a strong trend. |
NYSE:AKAF (8/28/2025, 7:00:00 PM)
27.793
+0.04 (+0.15%)