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    Technical Analysis for AKAN - Akanda Corp.

    Grade Last Price % Change Price Change
    C 1.37 -2.14% -0.03
    AKAN closed down 2.14 percent on Wednesday, November 20, 2024, on 4 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
    1 Watcher
    Watchlist Portfolio

    Trend Table & Recent EOD Trading Signals

    ADX Long Term Intermediate Term Short Term
    Strong Down Up Up
    Historical AKAN trend table...
    Date Alert Name Type % Chg
    New Uptrend Bullish 0.00%
    Narrow Range Bar Range Contraction 0.00%
    Inside Day Range Contraction 0.00%
    Wide Bands Range Expansion 0.00%
    Overbought Stochastic Strength 0.00%
    Upper Bollinger Band Walk Strength -2.14%
    Weak + Overbought Other -2.14%
    Inside Day Range Contraction -2.14%
    Wide Bands Range Expansion -2.14%
    Overbought Stochastic Strength -2.14%
    Older End-of-Day Signals for AKAN ...

       Recent Intraday Alerts

    Alert Time
    Possible Inside Day 1 day ago
    Down 5% 2 days ago
    Down 3% 2 days ago
    Down 2 % 2 days ago
    Down 1% 2 days ago
    View Earlier Intraday Alerts

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    Basic chart:

    Profile

    • 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.
    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
    Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.

    Recent News

    Date Title
    Nov 12 Akanda to implement reverse stock split
    Nov 12 Akanda Corp. Announces Reverse Stock Split
    Oct 4 Akanda Corp. Announces Closing of Underwritten Public Offering
    Oct 2 Akanda announces pricing of underwritten public offering
    Oct 2 Akanda Corp. Announces Pricing of Underwritten Public Offering
    Sep 16 Akanda Corp. Secures Hemp Cultivation License in Canada, Building on Previous Development Agreement
    Jun 14 Akanda Corporation Announces Completion of F-3 Shelf Registration Statement
    Jun 12 Akanda Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement
    Jun 4 Penny Stocks That Pack a Punch: 3 Names to Ride for 10X Gains
    Jun 4 Executive Changes In Marijuana Industry You Should Know About, New Cannabis Appointments & More
    See more AKAN news...

    Comments

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    Indicators

    Indicator Value
    52 Week High 28.4
    52 Week Low 0.611
    Average Volume 831,943
    200-Day Moving Average 3.51
    50-Day Moving Average 1.03
    20-Day Moving Average 0.94
    10-Day Moving Average 1.08
    Average True Range 0.15
    RSI (14) 65.99
    ADX 25.02
    +DI 41.82
    -DI 13.11
    Chandelier Exit (Long, 3 ATRs) 1.12
    Chandelier Exit (Short, 3 ATRs) 1.06
    Upper Bollinger Bands 1.50
    Lower Bollinger Band 0.39
    Percent B (%b) 0.89
    BandWidth 118.04
    MACD Line 0.09
    MACD Signal Line 0.01
    MACD Histogram 0.0847
    Fundamentals Value
    Market Cap 8.1 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) 1.48
    Resistance 3 (R3) 1.48 1.45 1.46
    Resistance 2 (R2) 1.45 1.42 1.45 1.45
    Resistance 1 (R1) 1.41 1.41 1.40 1.41 1.45
    Pivot Point 1.38 1.38 1.37 1.38 1.38
    Support 1 (S1) 1.34 1.35 1.33 1.34 1.29
    Support 2 (S2) 1.31 1.34 1.31 1.29
    Support 3 (S3) 1.27 1.31 1.28
    Support 4 (S4) 1.27