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Stock Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

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.

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NASDAQ_AKAN
Open High Low AKAN Price Change
0.9000 0.9000 0.8247 0.8419 -0.0588
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 Oct 24th, 2024 at 0.9106

short term down The short-term trend has been DOWN since Oct 24th, 2024 at 0.9500

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
0.9000 0.9000 0.8247 0.8419 -0.0588
Prev. Close Volume Bid Ask Time
0.8418 234428 2024-10-25 15:57:25
52wk High28.452wk High Date2024-02-02
52wk Low0.882252wk Low Date2024-10-24
Average Volume1,941,521Shares Outstanding72
Assets8,839,993MLiabilities12,668,885M
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