AKITA DRILLING LTD-CL A (AKT-A.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:AKT-A - CA0099051009 - Common Stock
Overall AKT-A gets a technical rating of 4 out of 10. AKT-A has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, AKT-A does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.00, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
1.73
4 important support areas can be observed.
- A support zone ranging from 1.96 to 2.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.89 from a trend line in the weekly time frame.
- Support @1.82 from a horizontal line in the weekly time frame.
- Support @1.75 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @2.05 from a trend line in the daily time frame.
- A resistance zone ranging from 2.12 to 2.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.22 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.30 to 2.31. This zone is formed by a combination of multiple trend lines 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 | 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 | 48.3 | 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) | DOWN | MIXED | The current price of AKT-A.CA is above 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) | 55.26 | 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. |
| Stochastics (14,3) | 57.33 | NEUTRAL | The Stochastics value for AKT-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for AKT-A.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.14 | NEGATIVE | The low ADX value for AKT-A.CA suggests a weak or negative trend. |
TSX:AKT-A (1/2/2026, 7:00:00 PM)
2.02
-0.01 (-0.49%)
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 4 / 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 Bearish.
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 55.2558. 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 neutral.