AKITA DRILLING LTD-CL B (AKT-B.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:AKT-B • CA0099052098
We assign a technical rating of 3 out of 10 to AKT-B. In the last year, AKT-B was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- In the last month AKT-B has a been trading in the 1.77 - 5.25 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: AKT-B has an average volume of 443 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that AKT-B is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- AKT-B is part of the Energy Equipment & Services industry. There are 27 other stocks in this industry, AKT-B did better than 65% of them.
- AKT-B is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AKT-B is lagging the market.
AKT-B has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.83
When analyzing the support we can see 4 important areas.
- Support @2.18 from a trend line in the weekly time frame.
- Support @2.13 from a trend line in the daily time frame.
- Support @1.90 from a trend line in the daily time frame.
- Support @1.85 from a trend line in the weekly time frame.
We can see 5 important resistance areas.
- Resistance @3.89 from a trend line in the weekly time frame.
- Resistance @4.17 from a trend line in the weekly time frame.
- Resistance @4.34 from a trend line in the daily time frame.
- A resistance zone ranging from 4.50 to 4.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.60 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for AKT-B.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AKT-B.CA is neutral. |
| ChartMill Relative Strength | 70.89 | POSITIVE | AKT-B.CA has a high relative strength, it outperformed 70.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of AKT-B.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AKT-B.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AKT-B.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.5 | NEUTRAL | The RSI value for AKT-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AKT-B.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.62 | OVERSOLD | The low Stochastics value suggests AKT-B.CA may be oversold. |
| Average True Range in percent/ATR (20) | 21.58 | HIGH VOLATILITY | The high ATR as a percentage value for AKT-B.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 7.35 | NEGATIVE | The low ADX value for AKT-B.CA suggests a weak or negative trend. |
TSX:AKT-B (1/21/2026, 7:00:00 PM)
2.75
+0.25 (+10%)
AKITA DRILLING LTD-CL B / AKT-B.CA FAQ
Can you provide the ChartMill technical rating for AKITA DRILLING LTD-CL B?
ChartMill assigns a technical rating of 3 / 10 to AKT-B.CA.
Can you provide the trend direction for AKITA DRILLING LTD-CL B?
The current trend direction for AKITA DRILLING LTD-CL B (AKT-B.CA) is Bearish.
Can you provide the RSI signal for AKITA DRILLING LTD-CL B?
AKITA DRILLING LTD-CL B (AKT-B.CA) has an RSI value of 53.4985. This indicates that the stock is currently neutral.
What is the MACD signal for AKITA DRILLING LTD-CL B (AKT-B.CA) stock?
The MACD indicator for AKITA DRILLING LTD-CL B (AKT-B.CA) has a value of -0.00471837, indicating a bearish trend.
Can you provide the short term momentum for AKITA DRILLING LTD-CL B?
The short term momentum for AKITA DRILLING LTD-CL B (AKT-B.CA) is neutral.