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AKBA forms Bearish Engulfing on June 24

Akebia Therapeutics, Inc. (AKBA) — Nightly Technical Analysis · Jun 24, 2026, 20:11 ET
On Wednesday, June 24th, AKBA moved down 3.64% while volume was to 0.8× the usual levels. Multiple bearish signals emerged — Bearish Engulfing, New Downtrend, Stochastic Sell Signal, Upper Bollinger Band Walk & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 1.03, 1.0 & 0.96, with resistance at 1.11, 1.15 & 1.18. Technical indicators like Slow Stochastic reveal overbought momentum right now.

Current SwingTradeBot Technical Rating of AKBA: F

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Akebia Therapeutics, Inc. (AKBA)