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AKANDA CORP (AKAN) Stock Technical Analysis

USA - NASDAQ:AKAN - CA00971M5028 - Common Stock

2.23 USD
+0.06 (+2.76%)
Last: 10/23/2025, 11:52:45 AM
Technical Rating and Analysis

0

Overall AKAN gets a technical rating of 0 out of 10. 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
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 part of the Pharmaceuticals industry. There are 191 other stocks in this industry, of which 85% are performing better than AKAN.
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 2.11 - 9.29 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
AKAN has an average volume of 1439230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
AKANDA CORP / AKAN Weekly stock chart
AKANDA CORP / AKAN Daily stock chart
Setup Rating and Analysis

4

AKAN has a poor technical rating and the quality of the setup is also 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.

Support and Resistance Analysis

2.14

4.96

We found 1 important support area.

  • A support zone ranging from 2.16 to 2.16. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • Resistance @2.38 from a horizontal line in the daily time frame.
  • Resistance @4.91 from a horizontal line in the daily time frame.
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 Strength3.1NEGATIVEAKAN has a low relative strength, it was outperformed by 96.9% 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)35.32NEUTRALThe RSI value for AKAN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.03NEGATIVEThe MACD value suggests AKAN has a negative trend, although the MACD value is rising.
Stochastics (14,3)4.78OVERSOLDThe low Stochastics value suggests AKAN may be oversold.
Average True Range in percent/ATR (20)32.88HIGH VOLATILITYThe high ATR as a percentage value for AKAN suggests high volalility.
Average Directional Index/ADX (14)49.32POSITIVEThe 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)
AKANDA CORP / AKAN Daily stock chart

AKANDA CORP

NASDAQ:AKAN (10/23/2025, 11:52:45 AM)

2.23

+0.06 (+2.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.76%
1 Week-7.66%
2 Weeks-11.43%
1 Month-49.59%
3 Month-45.32%
6 Month-39.62%
12 Month-58.75%
2 Year-97.96%
3 Year-99.68%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%32.88%
ATR Inc-74.39%
Range Today0.13
ADR(20)0.69
ADR(20)%30.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.1
3 months CRS2.67
6 months CRS4.79
Mansfield-5.34
10 Day High2.84
10 Day Low2.11
20 Day High9.29
20 Day Low2.11
52 Week High9.29
52 Week Low2.11
CS1 End2.16
CR1 Start2.38
Volume & EV
DER(3)2.3%
DER(5)1.01%
Volume183.90K
Volume Incr201.18%
Vol(5)5.57M
Vol(50)1.44M