Technical Analysis for AKAN - Akanda Corp.

Grade Last Price % Change Price Change
D 1.36 1.49% 0.02
AKAN closed up 1.49 percent on Friday, November 22, 2024, on 16 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Up

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Wide Bands Range Expansion 1.49%
Overbought Stochastic Strength 1.49%
Down 3 Days in a Row Weakness 1.49%
New Uptrend Bullish -0.73%
Narrow Range Bar Range Contraction -0.73%
Inside Day Range Contraction -0.73%
Wide Bands Range Expansion -0.73%

   Recent Intraday Alerts

Alert Time
Possible NR7 1 day ago
Down 3% 1 day ago
Fell Below Previous Day's Low 1 day ago
Down 2 % 1 day ago
Down 1% 1 day ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

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.
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

Is AKAN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 28.4
52 Week Low 0.611
Average Volume 832,738
200-Day Moving Average 3.39
50-Day Moving Average 1.04
20-Day Moving Average 0.99
10-Day Moving Average 1.19
Average True Range 0.14
RSI (14) 64.91
ADX 27.65
+DI 38.17
-DI 15.26
Chandelier Exit (Long, 3 ATRs) 1.15
Chandelier Exit (Short, 3 ATRs) 1.03
Upper Bollinger Bands 1.59
Lower Bollinger Band 0.39
Percent B (%b) 0.81
BandWidth 121.92
MACD Line 0.11
MACD Signal Line 0.04
MACD Histogram 0.0666
Fundamentals Value
Market Cap 8.04 Million
Num Shares 5.91 Million
EPS -4.69
Price-to-Earnings (P/E) Ratio -0.29
Price-to-Sales 0.48
Price-to-Book 0.10
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.49
Resistance 3 (R3) 1.48 1.43 1.47
Resistance 2 (R2) 1.43 1.39 1.43 1.46
Resistance 1 (R1) 1.39 1.37 1.41 1.40 1.46
Pivot Point 1.34 1.34 1.35 1.34 1.34
Support 1 (S1) 1.30 1.30 1.32 1.32 1.26
Support 2 (S2) 1.25 1.28 1.25 1.26
Support 3 (S3) 1.22 1.25 1.25
Support 4 (S4) 1.23