AKITA DRILLING LTD-CL A (AKT-A.CA) Stock Technical Analysis
Canada - TSX:AKT-A - CA0099051009 - Common Stock
Taking everything into account, AKT-A scores 2 out of 10 in our technical rating. AKT-A has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
AKT-A 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 2.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.94, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for AKT-A 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
1.75
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.92 to 1.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.77 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.03 to 2.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for AKT-A.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AKT-A.CA is neutral. |
| ChartMill Relative Strength | 44.12 | NEUTRAL | AKT-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AKT-A.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AKT-A.CA is below a declining 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) | 43.78 | NEUTRAL | The RSI value for AKT-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AKT-A.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.23 | NEUTRAL | The Stochastics value for AKT-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.92 | MEDIUM VOLATILITY | The ATR as a percentage value for AKT-A.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.34 | NEGATIVE | The low ADX value for AKT-A.CA suggests a weak or negative trend. |
TSX:AKT-A (9/19/2025, 7:00:00 PM)
1.95
-0.02 (-1.02%)