AVICANNA INC (AVCN.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:AVCN • CA05368K1003
We assign a technical rating of 0 out of 10 to AVCN. AVCN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, AVCN is a bad performer in the overall market: 95% of all stocks are doing better.
- AVCN is part of the Pharmaceuticals industry. There are 33 other stocks in this industry, of which 87% are performing better than AVCN.
- AVCN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month AVCN has a been trading in the 0.18 - 0.24 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of AVCN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.18
3 important resistance areas can be observed.
- A resistance zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.23 from a horizontal line in the daily time frame.
- Resistance @0.24 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for AVCN.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AVCN.CA is down. |
| ChartMill Relative Strength | 5.8 | NEGATIVE | AVCN.CA has a low relative strength, it was outperformed by 94.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AVCN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AVCN.CA is below 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) | 33.04 | NEUTRAL | The RSI value for AVCN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests AVCN.CA has a negative trend. |
| Stochastics (14,3) | 3.7 | OVERSOLD | The low Stochastics value suggests AVCN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for AVCN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.08 | POSITIVE | The high ADX value value for AVCN.CA suggests a strong trend. |
TSX:AVCN (2/6/2026, 7:00:00 PM)
0.18
-0.01 (-5.26%)
AVICANNA INC / AVCN.CA FAQ
What is the ChartMill technical rating of AVICANNA INC (AVCN.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to AVCN.CA.
Can you provide the trend direction for AVICANNA INC?
The current trend direction for AVICANNA INC (AVCN.CA) is Bearish.
What is the RSI signal for AVICANNA INC (AVCN.CA) stock?
AVICANNA INC (AVCN.CA) has an RSI value of 33.0367. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AVICANNA INC?
The MACD indicator for AVICANNA INC (AVCN.CA) has a value of -0.00284444, indicating a bearish trend.
What is the short term momentum for AVICANNA INC (AVCN.CA) stock?
The short term momentum for AVICANNA INC (AVCN.CA) is negative.