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AKITA DRILLING LTD-CL A (AKT-A.CA) Stock Technical Analysis

TSX:AKT-A - Toronto Stock Exchange - CA0099051009 - Common Stock - Currency: CAD

2.12  +0.02 (+0.95%)

Technical Rating and Analysis

10

Overall AKT-A gets a technical rating of 10 out of 10. Both in the recent history as in the last year, AKT-A has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: AKT-A has an average volume of 23748 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AKT-A did better than 89% of all other stocks.
AKT-A is part of the Energy Equipment & Services industry. There are 29 other stocks in this industry. AKT-A outperforms 85% of them.
AKT-A is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
AKT-A is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Weekly and Daily overview Charts
AKITA DRILLING LTD-CL A / AKT-A Weekly stock chart
AKITA DRILLING LTD-CL A / AKT-A Daily stock chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, AKT-A also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

1.41

2.16

5 important support areas can be observed.

  • A support zone ranging from 2.06 to 2.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.73 from a trend line in the daily time frame.
  • A support zone ranging from 1.63 to 1.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @1.53 from a trend line in the daily time frame.
  • Support @1.42 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 2.13 to 2.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 IndicatorUPPOSITIVEThe long term trend for AKT-A.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for AKT-A.CA is up.
ChartMill Relative Strength89.55POSITIVEAKT-A.CA has a high relative strength, it outperformed 89.55% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of AKT-A.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of AKT-A.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of AKT-A.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)69.93NEUTRALThe RSI value for AKT-A.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests AKT-A.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)88.79OVERBOUGHTThe high Stochastics value suggests AKT-A.CA may be overbought.
Average True Range in percent/ATR (20)4.06MEDIUM VOLATILITYThe ATR as a percentage value for AKT-A.CA suggests some volalility.
Average Directional Index/ADX (14)13.9NEGATIVEThe low ADX value for AKT-A.CA suggests a weak or negative 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)
AKITA DRILLING LTD-CL A / AKT-A Daily stock chart

AKITA DRILLING LTD-CL A

TSX:AKT-A (6/6/2025, 7:00:00 PM)

2.12

+0.02 (+0.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.95%
1 Week1.44%
2 Weeks7.61%
1 Month19.77%
3 Month38.56%
6 Month27.71%
12 Month53.62%
2 Year64.34%
3 Year15.22%
5 Year417.07%
10 Year-77.8%
15 Year-70.43%
Volatility
ATR(14)0.09
ATR(20)%4.06%
ATR Inc-11.19%
Range Today0.12
ADR(20)0.09
ADR(20)%4.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.55
Mansfield2.64
10 Day High2.16
10 Day Low1.83
20 Day High2.16
20 Day Low1.66
52 Week High2.16
52 Week Low1.2
CS1 End2.11
CR1 Start2.13
Volume & EV
DER(3)-18.22%
DER(5)-10.93%
Volume19.92K
Volume Incr-51.06%
Vol(5)18.21K
Vol(50)23.75K