Akanda (AKAN, $0.1) Aroon Indicator entered a Downtrend on May 02, 2024.

A.I.dvisor
at Tickeron.com
05/03/24
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AKAN - Akanda Corp
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $0.0969
Daily change: -$0.0197 (-16.9%)
Daily volume: 19.5M
Capitalization: $1.2M
Industry: Pharmaceuticals: Other
For the last three days, A.I.dvisor has detected that AKAN's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for AKAN, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 157 similar cases, of which were successful. Based on this data, the odds of success are
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AKANDaily Signal changed days agoGain/Loss if shorted
 
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General Information

Industry PharmaceuticalsOther

Profile
Fundamentals
Details
Industry
N/A
Address
1A, 1B Learoyd Road
Phone
+44 2034889514
Employees
46
Web
https://www.akandacorp.com