Technical Analysis for AKAN - Akanda Corp.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| F | 0.09 | -1.55% | 0.00 |
AKAN closed down 1.55 percent on Wednesday, May 8, 2024, on 34 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New 52 Week Closing Low | Bearish | 0.00% | |
| NR7 | Range Contraction | 0.00% | |
| Narrow Range Bar | Range Contraction | 0.00% | |
| Inside Day | Range Contraction | 0.00% | |
| Wide Bands | Range Expansion | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| Narrow Range Bar | Range Contraction | -1.55% | |
| Outside Day | Range Expansion | -1.55% | |
| Wide Bands | Range Expansion | -1.55% | |
| Oversold Stochastic | Weakness | -1.55% |
| Alert | Time |
|---|---|
| Possible NR7 | about 9 hours ago |
| Possible Inside Day | about 9 hours ago |
| Up 1% | about 13 hours ago |
| Down 1% | about 14 hours ago |
| Up 2% | 1 day ago |
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Basic chart:
- Earnings date: Unknown
Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis products in the United Kingdom, Lesotho, and internationally. It intends to supply medicinal-grade cannabis biomass, cannabis flower, and cannabis concentrates to wholesalers; and imports and sells medical cannabis-based products in the United Kingdom. The company was incorporated in 2021 and is headquartered in New Romney, the United Kingdom.
Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Medicine Health Sciences Cannabis Euphoriants Entheogens Medicinal Plants Herbalism Medical Cannabis Cannabis Products Drug Control Law
Classification
Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Medicine Health Sciences Cannabis Euphoriants Entheogens Medicinal Plants Herbalism Medical Cannabis Cannabis Products Drug Control Law
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 1.22 |
| 52 Week Low | 0.0853 |
| Average Volume | 11,321,370 |
| 200-Day Moving Average | 0.40 |
| 50-Day Moving Average | 0.14 |
| 20-Day Moving Average | 0.10 |
| 10-Day Moving Average | 0.10 |
| Average True Range | 0.02 |
| RSI (14) | 38.65 |
| ADX | 27.66 |
| +DI | 29.45 |
| -DI | 17.72 |
| Chandelier Exit (Long, 3 ATRs) | 0.12 |
| Chandelier Exit (Short, 3 ATRs) | 0.15 |
| Upper Bollinger Bands | 0.14 |
| Lower Bollinger Band | 0.06 |
| Percent B (%b) | 0.33 |
| BandWidth | 72.82 |
| MACD Line | -0.02 |
| MACD Signal Line | -0.02 |
| MACD Histogram | 0.0034 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 0.09 | ||||
| Resistance 3 (R3) | 0.09 | 0.09 | 0.09 | ||
| Resistance 2 (R2) | 0.09 | 0.09 | 0.09 | 0.09 | |
| Resistance 1 (R1) | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 |
| Pivot Point | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 |
| Support 1 (S1) | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 |
| Support 2 (S2) | 0.09 | 0.09 | 0.09 | 0.09 | |
| Support 3 (S3) | 0.09 | 0.09 | 0.09 | ||
| Support 4 (S4) | 0.08 |
