Technical Analysis of Akanda Corp (AKAN) with Strength & Direction

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Birds's Eye

Monthly Technical Analysis of Akanda Corp (AKAN) with Strength & Direction

Daily Weekly

Code	Price	Previous Price	Price Change	Latest Volume	5 Period Avg Volume
AKAN	2.6	3.72	30.11 %	69860 K	15764 K

About Strength

AIO Technical Analysis of Akanda Corp suggests Bearish Signal

Technical Highlights of Akanda Corp

Type	Signal	Analysis
PriceVol	Strong Bearish	Last Few Session - Falling Price with Rising volume
HighLow	Strong Bearish	Made new One Year Low and trading with good Volume.
OneDay	Strong Bearish	Latest Tick - Strong price drop supported with good volume.
KeltnerBand	Strong Bearish	Negative Breakout
DonchianBand	Strong Bearish	Trending down nicely. Consequitive new Low
MAEnvelopeBand	Strong Bearish	Negative Breakout
HighLowBand	Strong Bearish	Negative Breakout
AroonOscillator	Bearish	Aroon Osc is suggesting nice downward trend
MAChannelBand	Strong Bullish	Positive Breakout.
ADI	Bearish	ADI Nicely Trending down.
MFI	Strong Bullish	MFI is rising from sold level of 80.0 a very bullish signal.
RsiSmooth	Bearish	RSI is in Text book Oversold level of 30.0 but downtrend seems to be strong. Contrary to theoretical knowledge a long position at this point may be dangerous and further downward momentum is likely
AROON	Bearish	Aroon Indicator indicates a Up trend Move.
HighLowMABand	Strong Bearish	Negative Breakout
CMF	Strong Bearish	Very Strong Selling pressure.

Key Technical Indicators of Akanda Corp

Indicator	Value	Signal	Analysis
ADX	Adx : 0, +DI : 13.03, -DI : 36.65	Neutral	NA
Aroon	Aroon Up : 0, Aroon Down : 100.00	Bearish	Aroon Indicator indicates a Up trend Move.
Awesome Osc	0	Mild Bearish	Awesome Oscillator trading below 0.
MACD	Macd : 290.67, Signal Line : 801.32	Mild Bearish	Macd no clear signal.
Parabolic SAR	97.36	Mild Bearish	Price is trading below Indicator
Rate Of Change	-91.22	Neutral	Nothing Significant
Super Trend	437.57	Mild Bearish	Price is trading below Indicator

Key Technicals with Overlay/Bands of Akanda Corp

Indicator	Upper	Middle	Lower	Signal	Analysis
Bollinger	107.32	37.81	-31.69	Neutral	NA
Donchian	820.00	411.17	2.33	Strong Bearish	Trending down nicely. Consequitive new Low
High Low MA	23.17	17.58	12.00	Strong Bearish	Negative Breakout
MA Channel	0	0	0	Strong Bullish	Positive Breakout.
Keltner	365.70	224.19	82.68	Strong Bearish	Negative Breakout
High Low	14.90	14.19	13.48	Strong Bearish	Negative Breakout
MA Envelope	41.59	37.81	34.03	Strong Bearish	Negative Breakout

Key Overbought / Sold Oscillators of Akanda Corp

Indicator	Value	Signal	Analysis
RSI	6.96	Bearish	RSI is in Text book Oversold level of 30.0 but downtrend seems to be strong. Contrary to theoretical knowledge a long position at this point may be dangerous and further downward momentum is likely
Stochastic (Smooth)	%K : 0.118, %D : 0.086	Mild Bullish	Slow Stochatic is in Oversold level of 20.0 but does not have enough momentum to move downward
Williams %R	-99.74	Mild Bullish	Williams %R is in Oversold level of -80.0 but does not have enough momentum to move downward
Ultimate Osc	0	Mild Bullish	Ultimate Osc is in Oversold level of 20.0 but does not have enough momentum to move downward
Stoch RSI	%K : 0, %D : 0	Mild Bullish	Stochastic RSI (Fast) is in Oversold level of 20.0 but does not have enough momentum to move downward
Aroon Osc	-100.00	Bearish	Aroon Osc is suggesting nice downward trend
CCI	-65.42	Neutral	Wait for proper trend to emerge
Money Flow Index	91.01	Strong Bullish	MFI is rising from sold level of 80.0 a very bullish signal.
RSI (Fast)	7.94	Mild Bullish	RSI (Fast) is in Oversold level of 30.0 but does not have enough momentum to move downward
Stochastic (Fast)	%K : 0.256, %D : 0.118	Mild Bullish	Fast Stochastic is in Oversold level of 20.0 but does not have enough momentum to move downward
Stoch RSI	%K : 0, %D : 0	Mild Bullish	Stoch RSI is in Oversold level of 20.0 but does not have enough momentum to move downward

Key Volume Base Technicals of Akanda Corp

Indicator	Value	Strength	Signal	Analysis	Chart
Acc Dist Index	-77617067.39		Bearish	ADI Nicely Trending down.
Chaikin	-0.956		Strong Bearish	Very Strong Selling pressure.

Technical Stock Charts of Akanda Corp

Monthly Historical Technical data Akanda Corp

Date	ADX MDI	ADX PDI	Aroon Down	Aroon Up	Bollinger Band Up	Bollinger Middle Band	Bollinger Lower Band	CCI	Chaikin Money Flow	MACD	MACD Signal	MFI	PSAR	RSI (Fast)	RSI	Sto Fast %D	Stoc Fast %K	Williams %R
31_May_2024	36.65	13.03	100.00	0	107.32	37.81	-31.69	-65.42	-0.956	290.67	801.32	91.01	97.36	7.94	6.96	0.118	0.256	-99.74
30_Apr_2024	36.87	12.64	100.00	7.14	139.23	46.88	-45.46	-72.32	-0.841	375.61	928.98	14.86	123.86	4.30	7.27	0.0427	0.0377	-99.96
28_Mar_2024	36.89	12.65	100.00	14.29	205.30	61.94	-81.43	-69.56	-0.831	0	0	22.90	157.62	2.67	7.52	0.095	0.062	-99.94
29_Feb_2024	36.82	12.68	100.00	21.43	280.33	81.10	-118.12	-64.69	-0.792	0	0	36.13	199.24	36.95	9.36	0.145	0.0286	-99.97
31_Jan_2024	36.98	12.53	100.00	28.57	319.28	96.79	-125.70	-66.79	-0.747	0	0	51.27	251.48	32.93	11.93	0.285	0.196	-99.80
29_Dec_2023	36.99	12.55	100.00	35.71	368.55	115.53	-137.49	-59.88	-0.751	0	0	52.51	317.93	30.14	13.20	0.259	0.211	-99.79
30_Nov_2023	37.03	12.53	100.00	42.86	1733.68	284.45	-1164.78	-54.20	-0.757	0	0	54.20	403.08	22.96	14.63	0.338	0.448	-99.55
31_Oct_2023	37.06	12.54	100.00	50.00	2355.07	442.27	-1470.53	-48.17	0	0	0	55.52	512.25	15.92	1.61	0.405	0.117	-99.88
29_Sep_2023	37.05	12.57	92.86	57.14	0	0	0	0	0	0	0	60.16	651.77	13.41	2.09	0.415	0.449	-99.55
31_Aug_2023	37.19	12.39	100.00	64.29	0	0	0	0	0	0	0	17.50	830.64	23.28	2.33	0.284	0.650	-99.35
31_Jul_2023	37.16	12.41	100.00	0	0	0	0	0	0	0	0	64.51	1058.25	20.89	2.69	0.075	0.146	-99.85
30_Jun_2023	37.14	12.42	100.00	0	0	0	0	0	0	0	0	100.00	1316.01	3.62	4.13	0.0447	0.056	-99.94
31_May_2023	37.18	12.44	100.00	0	0	0	0	0	0	0	0	0	1598.73	9.12	0	0	0.0235	-99.98
28_Apr_2023	0	0	0	0	0	0	0	0	0	0	0	0	1897.08	0	0	0	0.055	-99.95
31_Mar_2023	0	0	0	0	0	0	0	0	0	0	0	0	2200.25	0	0	0	0	0
28_Feb_2023	0	0	0	0	0	0	0	0	0	0	0	0	2493.52	0	0	0	0	0
31_Jan_2023	0	0	0	0	0	0	0	0	0	0	0	0	2826.78	0	0	0	0	0
30_Dec_2022	0	0	0	0	0	0	0	0	0	0	0	0	3205.48	0	0	0	0	0
30_Nov_2022	0	0	0	0	0	0	0	0	0	0	0	0	3552.76	0	0	0	0	0
31_Oct_2022	0	0	0	0	0	0	0	0	0	0	0	0	3854.39	0	0	0	0	0
30_Sep_2022	0	0	0	0	0	0	0	0	0	0	0	0	4088.67	0	0	0	0	0
31_Aug_2022	0	0	0	0	0	0	0	0	0	0	0	0	4247.20	0	0	0	0	0
29_Jul_2022	0	0	0	0	0	0	0	0	0	0	0	0	4328.00	0	0	0	0	0
30_Jun_2022	0	0	0	0	0	0	0	0	0	0	0	0	612.00	0	0	0	0	0
31_May_2022	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
29_Apr_2022	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

About AIO TECH Strength / Valuation / Growth

AIO Tech Strength is based on Deep Analysis, Back Testing and Historical Trend Analysis using Machine Learning. Overall Technical Strength is based on 100+ indicators including Technicals, moving Avg, chart patterns, candlestick and proprietary algorithms.Technical Strength is calculate from Daily to Monthly Tick

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Generated At 31-May-24

Note : All Data Generated at the End of Trading Hours (EOD Data)