AKANDA CORP (AKAN) Technical Analysis
NASDAQ:AKAN • CA00971M6018
Current stock price
AKAN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to AKAN. AKAN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, AKAN is a bad performer in the overall market: 98% of all stocks are doing better.
- AKAN is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, of which 83% are performing better than AKAN.
- AKAN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month AKAN has a been trading in the 2.29 - 3.97 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
AKAN Weekly and Daily overview Charts
AKAN Setup Rating and Analysis
AKAN has a bad 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 3.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AKAN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
AKAN Support and Resistance Analysis
2.64
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.79 to 2.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.67 to 2.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.23 to 3.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.41 from a trend line in the daily time frame.
- Resistance @4.82 from a horizontal line in the daily time frame.
AKAN 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AKAN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AKAN is down. |
| ChartMill Relative Strength | 2.79 | NEGATIVE | AKAN has a low relative strength, it was outperformed by 97.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AKAN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AKAN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AKAN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.33 | NEUTRAL | The RSI value for AKAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests AKAN has a positive trend. |
| Stochastics (14,3) | 46 | NEUTRAL | The Stochastics value for AKAN is a neutral value. |
| Average True Range in percent/ATR (20) | 12.6 | HIGH VOLATILITY | The high ATR as a percentage value for AKAN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.56 | NEGATIVE | The low ADX value for AKAN suggests a weak or negative trend. |
AKAN Chart- and CandleStick Pattern Analysis
AKAN Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:AKAN (4/15/2026, 1:19:09 PM)
3.05
-0.08 (-2.56%)
AKANDA CORP / AKAN TA FAQ
What is the technical rating for AKAN stock?
ChartMill assigns a technical rating of 0 / 10 to AKAN.
What is the current trend direction of AKANDA CORP (AKAN) stock?
The current trend direction for AKANDA CORP (AKAN) is Bearish.
Can you provide the RSI signal for AKANDA CORP?
AKANDA CORP (AKAN) has an RSI value of 44.3329. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AKANDA CORP?
The MACD indicator for AKANDA CORP (AKAN) has a value of 0.0371752, indicating a bearish trend.
Can you provide the buy/sell signal for AKANDA CORP?
The buy/sell signal for AKANDA CORP (AKAN) is sell as both the short term and long term trends are negative.