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Stock Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Akanda Corp. (NASDAQ:AKAN)

Strong Downtrend (-100) - AKAN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, AKAN continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid AKAN?

MarketClub looks at technical strength and momentum to determine if the timing is right for AKAN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_AKAN
Open High Low AKAN Price Change
1.32 1.33 1.10 1.11 -0.21
Entry Signal

MarketClub’s Trade Triangles for AKAN

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 1.2410

intermediate term down The intermediate-term trend has been DOWN since Mar 1st, 2023 at 0.1725

short term down The short-term trend has been DOWN since Mar 21st, 2023 at 1.1200

Smart Scan Analysis for AKAN

Based on our trend formula, AKAN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for AKAN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.32 1.33 1.10 1.11 -0.21
Prev. Close Volume Bid Ask Time
1.32 276888 2023-03-21 15:59:45
52wk High12352wk High Date2022-04-21
52wk Low1.0252wk Low Date2023-03-15
Average Volume291,574Shares Outstanding2,890
Assets250,001MLiabilities96,281M
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