Technical Analysis for AKT.A - Akita Drilling Ltd.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Bollinger Band Squeeze | Range Contraction | 0.74% | |
| BB Squeeze + Lower Band Touch | Range Contraction | 0.74% | |
| Below Lower BB | Weakness | 0.74% | |
| Down 3 Days in a Row | Weakness | 0.74% | |
| Lower Bollinger Band Touch | Weakness | 0.74% | |
| Fell Below 20 DMA | Bearish | -0.73% | |
| Bollinger Band Squeeze | Range Contraction | -0.73% | |
| Gapped Down | Weakness | -0.73% | |
| 1,2,3 Retracement Bearish | Bearish Swing Setup | -4.90% | |
| Non-ADX 1,2,3,4 Bearish | Bearish Swing Setup | -4.90% |
Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App
| Alert | Time |
|---|---|
| Up 2% | about 6 hours ago |
| Rose Above Lower Bollinger Band | about 8 hours ago |
| Up 1% | about 8 hours ago |
| Possible NR7 | 1 day ago |
| Lower Bollinger Band Support | 2 days ago |
Free Daily (Stock) Chart Reading
- Earnings date: Unknown
Akita Drilling Ltd. Description
AKITA Drilling Ltd. (AKITA) is engaged in providing contract drilling services, primarily to the oil and gas industry. The Company is involved in other forms of drilling, including potash mining and the development of storage caverns. The Company owns and operates approximately 31 drilling rigs in Canada. The Company manages its business through approximately two geographic regions, which include Canada and the United States. The Company specializes in the construction and retrofit of heavy oil pad drilling rigs associated with Steam Assisted Gravity Drainage (SAGD) operations. Its rigs are used in operations spanning Fort McMurray, the Alberta oil sands region. The Company also has shale gas operations in the Horn River Basin area of Northeast British Columbia. AKITA is involved in drilling horizontal shale gas wells, with a fleet of deep capacity triple rigs in the areas of Alberta and British Columbia, including the Montney, Duvernay and Horn River regions.
Classification
Sector: Energy
Industry: Oil & Gas Drilling
Keywords: Mining Oil Oil And Gas Petroleum Construction Drilling Storage Western Canadian Sedimentary Basin Petroleum Geology Potash Oil Sands Drilling Rig Drilling Services Oil And Gas Industry Shale Contract Drilling Heavy Oil Contract Drilling Services Petroleum Engineering Frasnian Stage Gas Wells Mcmurray Fort Mcmurray Shale Gas Geological History Of Earth Han Dynasty Fort Mc Murray Oil Sands Region Potash Mining Steam Assisted Gravity Drainage
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 2.05 |
| 52 Week Low | 1.08 |
| Average Volume | 59,163 |
| 200-Day Moving Average | 1.516 |
| 50-Day Moving Average | 1.554 |
| 20-Day Moving Average | 1.404 |
| 10-Day Moving Average | 1.406 |
| Average True Range | 0.048 |
| RSI (14) | 35.90 |
| ADX | 33.03 |
| +DI | 16.384 |
| -DI | 36.387 |
| Chandelier Exit (Long, 3 ATRs) | 1.356 |
| Chandelier Exit (Short, 3 ATRs) | 1.464 |
| Upper Bollinger Bands | 1.452 |
| Lower Bollinger Band | 1.356 |
| Percent B (%b) | -0.06 |
| BandWidth | 6.823 |
| MACD Line | -0.045 |
| MACD Signal Line | -0.053 |
| MACD Histogram | 0.0076 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 1.425 | ||||
| Resistance 3 (R3) | 1.427 | 1.403 | 1.413 | ||
| Resistance 2 (R2) | 1.403 | 1.384 | 1.403 | 1.408 | |
| Resistance 1 (R1) | 1.377 | 1.372 | 1.365 | 1.375 | 1.404 |
| Pivot Point | 1.353 | 1.353 | 1.348 | 1.353 | 1.353 |
| Support 1 (S1) | 1.327 | 1.334 | 1.315 | 1.325 | 1.296 |
| Support 2 (S2) | 1.303 | 1.322 | 1.303 | 1.292 | |
| Support 3 (S3) | 1.277 | 1.303 | 1.288 | ||
| Support 4 (S4) | 1.275 |
