Logo image of AKAN

AKANDA CORP (AKAN) Stock Technical Analysis

USA - Nasdaq - NASDAQ:AKAN - CA00971M5028 - Common Stock

0.49 USD
+0.02 (+4.23%)
Last: 1/9/2026, 7:00:15 PM
0.5 USD
+0.01 (+2.04%)
After Hours: 1/9/2026, 7:00:15 PM
Technical Rating and Analysis

0

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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than AKAN.
AKAN is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, of which 91% 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 0.42 - 1.23 range, which is quite wide. It is currently trading near the lows of this range.
AKAN has an average volume of 3764290 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.
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

0.49

0.74

When analyzing the resistance we notice 2 important areas.

  • Resistance @0.56 from a horizontal line in the daily time frame.
  • Resistance @0.73 from a trend 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 Strength0.66NEGATIVEAKAN has a low relative strength, it was outperformed by 99.34% 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)32.46NEUTRALThe RSI value for AKAN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.03POSITIVEThe MACD value suggests AKAN has a positive trend.
Stochastics (14,3)18.18OVERSOLDThe low Stochastics value suggests AKAN may be oversold.
Average True Range in percent/ATR (20)29.52HIGH VOLATILITYThe high ATR as a percentage value for AKAN suggests high volalility.
Average Directional Index/ADX (14)20.32NEUTRALThe ADX value for AKAN suggests a possible start of a new 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 (1/9/2026, 7:00:15 PM)

After market: 0.5 +0.01 (+2.04%)

0.49

+0.02 (+4.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg4.23%
1 Week-0.63%
2 Weeks-2.47%
1 Month-40.32%
3 Month-77.55%
6 Month-88.57%
12 Month-89.96%
2 Year-99.5%
3 Year-99.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%29.52%
ATR Inc-47.84%
Range Today0.06
ADR(20)0.13
ADR(20)%27.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.66
3 months CRS0.95
6 months CRS0.88
Mansfield-8.73
10 Day High0.64
10 Day Low0.42
20 Day High1.23
20 Day Low0.42
52 Week High9.29
52 Week Low0.42
CS1 EndN/A
CR1 Start0.56
Volume & EV
DER(3)0.86%
DER(5)1.38%
Volume1.34M
Volume Incr-80.93%
Vol(5)1.59M
Vol(50)3.76M

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 current trend direction of AKANDA CORP (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 32.4591. This indicates that the stock is currently neutral.


What is the short term momentum for AKAN stock?

The short term momentum for AKANDA CORP (AKAN) is negative.


What are the support and resistance levels for AKANDA CORP (AKAN) stock?

AKANDA CORP (AKAN) has a resistance level at 0.56. Check the full technical report for our detailed analysis of AKAN support and resistance levels.