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AKANDA CORP (AKAN) Stock Technical Analysis

USA - NASDAQ:AKAN - CA00971M5028 - Common Stock

2.1 USD
-0.11 (-4.98%)
Last: 10/27/2025, 6:06:58 PM
2.07 USD
-0.03 (-1.43%)
After Hours: 10/27/2025, 6:06:58 PM
Technical Rating and Analysis

0

Taking everything into account, AKAN scores 0 out of 10 in our technical rating. AKAN'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 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: 97% of all stocks are doing better.
AKAN is one of the lesser performing stocks in the Pharmaceuticals industry. 87% of 192 stocks in the same industry do better.
AKAN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month AKAN has a been trading in the 2.06 - 9.29 range, which is quite wide. It is currently trading near the lows of this range.
AKAN has an average volume of 1451990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.

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Weekly and Daily overview Charts
AKANDA CORP / AKAN Weekly stock chart
AKANDA CORP / AKAN Daily stock chart
Setup Rating and Analysis

3

The technical rating of AKAN 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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Support and Resistance Analysis

2.08

4.96

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 2.30 to 2.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @4.91 from a horizontal line in the daily time frame.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for AKAN is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for AKAN is down.
ChartMill Relative Strength3.03NEGATIVEAKAN has a low relative strength, it was outperformed by 96.97% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of AKAN is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of AKAN is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of AKAN is below a declining SMA(200).
Relative Strength Index/RSI (14)35.4NEUTRALThe RSI value for AKAN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests AKAN has a positive trend.
Stochastics (14,3)13.8OVERSOLDThe low Stochastics value suggests AKAN may be oversold.
Average True Range in percent/ATR (20)29.42HIGH VOLATILITYThe high ATR as a percentage value for AKAN suggests high volalility.
Average Directional Index/ADX (14)49.81POSITIVEThe high ADX value value for AKAN suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)

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AKANDA CORP / AKAN Daily stock chart

AKANDA CORP

NASDAQ:AKAN (10/27/2025, 6:06:58 PM)

After market: 2.07 -0.03 (-1.43%)

2.1

-0.11 (-4.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-4.98%
1 Week-4.98%
2 Weeks-4.98%
1 Month-55.97%
3 Month-38.91%
6 Month-47.91%
12 Month-55.14%
2 Year-98.02%
3 Year-99.69%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%29.42%
ATR Inc-40.59%
Range Today0.17
ADR(20)0.6
ADR(20)%28.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.03
3 months CRS2.57
6 months CRS3.42
Mansfield-5.54
10 Day High2.84
10 Day Low2.06
20 Day High9.29
20 Day Low2.06
52 Week High9.29
52 Week Low2.06
CS1 EndN/A
CR1 Start2.3
Volume & EV
DER(3)-0.62%
DER(5)1.86%
Volume219.68K
Volume Incr-89.54%
Vol(5)334.07K
Vol(50)1.45M

AKANDA CORP / AKAN FAQ

What is the technical rating for AKAN stock?

ChartMill assigns a technical rating of 0 / 10 to AKAN.


What is the trend direction for AKAN stock?

The current trend direction for AKANDA CORP (AKAN) is Bearish.


What is the RSI signal for AKANDA CORP (AKAN) stock?

AKANDA CORP (AKAN) has an RSI value of 35.4018. This indicates that the stock is currently neutral.


What is the MACD signal for AKAN stock?

The MACD indicator for AKANDA CORP (AKAN) has a value of 0.0061321, indicating a bearish trend.


Can you provide the support and resistance levels for AKANDA CORP?

AKANDA CORP (AKAN) has a resistance level at 2.3. Check the full technical report for our detailed analysis of AKAN support and resistance levels.