Stock Trend Analysis Report
Prepared for you on Thursday, July 2, 2020.
Akita Drilling Ltd (TSE:AKT.A)
Bear Market Rally (-75) - AKT.A is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on AKT.A as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid AKT.A?
MarketClub looks at technical strength and momentum to determine if the timing is right for AKT.A.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AKT.A
The long-term trend has been DOWN since Mar 20th, 2018 at 6.850
The intermediate-term trend has been DOWN since Jun 29th, 2020 at 0.425
The short-term trend has been UP since Jul 2nd, 2020 at 0.430
Smart Scan Analysis for AKT.A
Based on our trend formula, AKT.A is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||8.38||Year High Date||2018-01-03|
|Year Low||4.115||Year Low Date||2018-11-15|
|52wk High||8.38||52wk High Date||2018-01-03|
|52wk Low||4.115||52wk Low Date||2018-11-15|
|Year End Close||10.5||Average Volume||7,074|