Technical Analysis for AKT.A - Akita Drilling Ltd.

Grade Last Price % Change Price Change
grade F 1.14 -5.79% -0.070
AKT.A closed down 5.79 percent on Tuesday, October 22, 2019, on 38 percent of normal volume.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical AKT.A trend table...

Date Alert Name Type % Chg
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
20 DMA Resistance Bearish -5.79%
Wide Bands Range Expansion -5.79%
Down 3 Days in a Row Weakness -5.79%
20 DMA Resistance Bearish -12.31%
Outside Day Range Expansion -12.31%
Wide Bands Range Expansion -12.31%
20 DMA Resistance Bearish -14.29%

Older signals for AKT.A ...

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Profile
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.
Geology Petroleum Petroleum Geology Western Canadian Sedimentary Basin Oil Sands Oil And Gas Industry Drilling Rig Petroleum Engineering Geological History Of Earth Han Dynasty Contract Drilling Services Frasnian Stage Fort Mc Murray Oil Sands Region Steam Assisted Gravity Drainage Duvernay River Heavy Oil Pad Drilling Rigs Horizontal Shale Gas Wells Horn River Horn River Formation Potash Mining Shale Gas Operations
Is AKT.A a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 5.72
52 Week Low 0.75
Average Volume 33,783
200-Day Moving Average 2.8072
50-Day Moving Average 1.558
20-Day Moving Average 1.2765
10-Day Moving Average 1.249
Average True Range 0.1521
ADX 38.54
+DI 16.0069
-DI 37.2682
Chandelier Exit (Long, 3 ATRs ) 1.1737
Chandelier Exit (Short, 3 ATRs ) 1.2063
Upper Bollinger Band 1.5957
Lower Bollinger Band 0.9573
Percent B (%b) 0.29
BandWidth 50.011751
MACD Line -0.1068
MACD Signal Line -0.1256
MACD Histogram 0.0188
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.425
Resistance 3 (R3) 1.417 1.313 1.378
Resistance 2 (R2) 1.313 1.241 1.318 1.362
Resistance 1 (R1) 1.227 1.196 1.175 1.235 1.346
Pivot Point 1.123 1.123 1.098 1.128 1.123
Support 1 (S1) 1.037 1.051 0.985 1.045 0.934
Support 2 (S2) 0.933 1.006 0.938 0.918
Support 3 (S3) 0.847 0.933 0.903
Support 4 (S4) 0.855