AKUMIN INC (AKU) Stock Technical Analysis
NASDAQ:AKU - Nasdaq - US01021X1000 - Common Stock - Currency: USD
Taking everything into account, AKU scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. AKU was also a bad performer in the overall market in the last year.
81% of all other stocks performed better in the past year than AKU.
AKU is one of the lesser performing stocks in the Health Care Providers & Services industry. 62% of 102 stocks in the same industry do better.
AKU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
AKU has an average volume of 4677610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AKU has a been trading in the 0.13 - 0.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
AKU has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.13
0.29
We found 2 important support areas.
- Support @0.15 from a trend line in the daily time frame.
- Support @0.13 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 AKU is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AKU is up. |
| ChartMill Relative Strength | 19.29 | NEGATIVE | AKU has a low relative strength, it was outperformed by 80.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AKU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AKU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AKU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.99 | NEUTRAL | The RSI value for AKU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests AKU has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.6 | NEUTRAL | The Stochastics value for AKU is a neutral value. |
| Average True Range in percent/ATR (20) | 13.51 | HIGH VOLATILITY | The high ATR as a percentage value for AKU suggests high volalility. |
| Average Directional Index/ADX (14) | 49.87 | POSITIVE | The high ADX value value for AKU suggests a strong trend. |
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)
0.2887
-0.06 (-17.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-17.87%
1 Week95.6%
2 Weeks103.31%
1 Month88.69%
3 Month33.41%
6 Month-53.66%
12 Month-83.87%
2 Year-83.69%
3 Year-92.15%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%13.51%
ATR Inc92.88%
Range Today0.07
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.29
Mansfield-5.23
10 Day High0.5
10 Day Low0.13
20 Day High0.5
20 Day Low0.13
52 Week High1.79
52 Week Low0.12
CS1 End0.15
CR1 StartN/A
Volume & EV
DER(3)7.28%
DER(5)7.34%
Volume8.54M
Volume Incr6367.81%
Vol(5)32.39M
Vol(50)4.68M