Is Akanda Corp. technically bullish or bearish?

Jun 25 2025 09:17 AM IST
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As of June 11, 2025, Akanda Corp. is in a mildly bearish trend, with daily moving averages and weekly Dow Theory indicating bearishness, despite some mild bullish signals from the MACD and mixed RSI readings.
As of 11 June 2025, the technical trend for Akanda Corp. has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating a bearish trend, while weekly and monthly Dow Theory also reflect a bearish outlook. The MACD shows mild bullishness on both weekly and monthly time frames, but this is overshadowed by the bearish signals from Bollinger Bands on the weekly chart. The RSI is neutral on the weekly and bullish on the monthly, suggesting mixed signals. Overall, the strength of the bearish stance is moderate, influenced by the recent price action and broader market comparisons.
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