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.
MarketClub’s Trade Triangles for AKAN
The long-term trend has been DOWN since Mar 10th, 2023 at 1.2410
The intermediate-term trend has been DOWN since Mar 1st, 2023 at 0.1725
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).
|52wk High||123||52wk High Date||2022-04-21|
|52wk Low||1.02||52wk Low Date||2023-03-15|
|Average Volume||291,574||Shares Outstanding||2,890|