Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, December 21, 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.

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
1.3600 1.4591 1.3600 1.4100 +0.0500
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 down The short-term trend has been DOWN since Dec 4th, 2024 at 1.6700

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
1.3600 1.4591 1.3600 1.4100 +0.0500
Prev. Close Volume Bid Ask Time
1.4100 51005 2024-12-20 15:59:54
52wk High56.852wk High Date2024-02-02
52wk Low1.2252wk Low Date2024-11-14
Average Volume126,974Shares Outstanding36
Assets9,965,461MLiabilities5,395,324M
Get a free daily analysis and signals for Akanda Corp. (AKAN) - Request Your Free Report.