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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Akanda Corp. (NASDAQ:AKAN)

Bear Market Rally (-75) - AKAN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AKAN as it may be in the beginning of a reversal.

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
1.53 1.60 1.45 1.53 -0.01
Entry Signal

MarketClub’s Trade Triangles for AKAN

long term down The long-term trend has been DOWN since Feb 5th, 2024 at 0.3505

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2024 at 1.3800

short term up The short-term trend has been UP since Dec 23rd, 2024 at 1.4900

Smart Scan Analysis for AKAN

Based on our trend formula, AKAN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for AKAN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.53 1.60 1.45 1.53 -0.01
Prev. Close Volume Bid Ask Time
1.54 99048 2024-12-26 12:08:26
52wk High56.852wk High Date2024-02-02
52wk Low1.2252wk Low Date2024-11-14
Average Volume131,146Shares Outstanding36
Assets9,965,461MLiabilities5,395,324M
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