AKITA DRILLING LTD-CL A (AKT-A.CA) Stock Technical Analysis
TSX:AKT-A • CA0099051009
We assign a technical rating of 8 out of 10 to AKT-A. Although AKT-A is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- AKT-A is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so AKT-A is lagging the market slightly.
- In the last month AKT-A has a been trading in the 1.98 - 2.22 range, which is quite wide. It is currently trading near the high of this range.
- When compared to the yearly performance of all other stocks, AKT-A outperforms 66% of them, which is more or less in line with the market.
- AKT-A is part of the Energy Equipment & Services industry. There are 26 other stocks in this industry, AKT-A did better than 52% of them.
AKT-A has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 2.06, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.87
We found 3 important support areas.
- A support zone ranging from 2.02 to 2.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.94 to 1.95. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @1.89 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.20 from a trend line in the daily time frame.
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 AKT-A.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AKT-A.CA is up. |
| ChartMill Relative Strength | 66.83 | NEUTRAL | AKT-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AKT-A.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AKT-A.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AKT-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.62 | NEUTRAL | The RSI value for AKT-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests AKT-A.CA has a positive trend. |
| Stochastics (14,3) | 77.6 | NEUTRAL | The Stochastics value for AKT-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for AKT-A.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.54 | NEUTRAL | The ADX value for AKT-A.CA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.21 | 2.01 | 0.20 (9.05%) | 11.05% |
| An entry @2.21. This is a Buy Stop order right above the resistance zone. | An exit @2.01. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.20 points, which is 9.05%. | When investing 11.05% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:AKT-A (2/20/2026, 7:00:00 PM)
2.19
+0.01 (+0.46%)
AKITA DRILLING LTD-CL A / AKT-A.CA FAQ
Can you provide the ChartMill technical rating for AKITA DRILLING LTD-CL A?
ChartMill assigns a technical rating of 8 / 10 to AKT-A.CA.
What is the trend direction for AKT-A stock?
The current trend direction for AKITA DRILLING LTD-CL A (AKT-A.CA) is Bullish.
What is the RSI signal for AKITA DRILLING LTD-CL A (AKT-A.CA) stock?
AKITA DRILLING LTD-CL A (AKT-A.CA) has an RSI value of 59.6157. This indicates that the stock is currently neutral.
What is the short term momentum for AKITA DRILLING LTD-CL A (AKT-A.CA) stock?
The short term momentum for AKITA DRILLING LTD-CL A (AKT-A.CA) is positive.
Can you provide the buy/sell signal for AKITA DRILLING LTD-CL A?
The buy/sell signal for AKITA DRILLING LTD-CL A (AKT-A.CA) is buy as both the short term and long term trends are positive.