AVICANNA INC (AVCN.CA) Stock Technical Analysis
Canada - TSX:AVCN - CA05368K1003 - Common Stock
0.27 CAD
+0.02 (+8%)
Overall AVCN gets a technical rating of 1 out of 10. AVCN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, AVCN is a bad performer in the overall market: 85% of all stocks are doing better.
AVCN is part of the Pharmaceuticals industry. There are 33 other stocks in this industry, of which 71% are performing better than AVCN.
AVCN 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.
In the last month AVCN has a been trading in the 0.24 - 0.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
AVCN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for AVCN in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
0.24
0.29
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.25 from a trend line in the daily time frame.
- A support zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.28 to 0.28. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The long term trend for AVCN.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AVCN.CA is neutral. |
| ChartMill Relative Strength | 15.63 | NEGATIVE | AVCN.CA has a low relative strength, it was outperformed by 84.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AVCN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of AVCN.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AVCN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.94 | NEUTRAL | The RSI value for AVCN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests AVCN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.92 | NEUTRAL | The Stochastics value for AVCN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for AVCN.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.98 | NEGATIVE | The low ADX value for AVCN.CA suggests a weak or negative 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)
TSX:AVCN (10/22/2025, 7:00:00 PM)
0.27
+0.02 (+8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg8%
1 Week0%
2 Weeks0%
1 Month5.88%
3 Month-5.26%
6 Month10.2%
12 Month-5.26%
2 Year-33.33%
3 Year-12.9%
5 Year-78.23%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%5%
ATR Inc28.74%
Range Today0.02
ADR(20)0.01
ADR(20)%4.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.63
3 months CRS16.99
6 months CRS41.8
Mansfield-1.31
10 Day High0.3
10 Day Low0.25
20 Day High0.3
20 Day Low0.25
52 Week High0.41
52 Week Low0.21
CS1 End0.26
CR1 Start0.28
Volume & EV
DER(3)481.16%
DER(5)416.03%
Volume10.27K
Volume Incr-28%
Vol(5)41.77K
Vol(50)69.47K