AKAMAI TECHNOLOGIES INC (AKAM) Technical Analysis
NASDAQ:AKAM • US00971T1016
Current stock price
AKAM Technical Rating and Analysis
Taking everything into account, AKAM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, AKAM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that AKAM is one of the better performing stocks in the market, outperforming 88% of all stocks.
- AKAM is part of the IT Services industry. There are 88 other stocks in this industry. AKAM outperforms 90% of them.
- AKAM is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so AKAM is leading the market.
- In the last month AKAM has a been trading in the 96.98 - 121.12 range, which is quite wide. It is currently trading near the high of this range.
- AKAM has an average volume of 4759920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
AKAM Weekly and Daily overview Charts
AKAM Setup Rating and Analysis
AKAM has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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AKAM Support and Resistance Analysis
69.82
When analyzing the support we can see 5 important areas.
- A support zone ranging from 109.42 to 110.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 102.91 to 103.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @90.61 from a horizontal line in the daily time frame.
- Support @74.35 from a trend line in the daily time frame.
- Support @70.53 from a horizontal line in the daily time frame.
AKAM Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for AKAM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AKAM is up. |
| ChartMill Relative Strength | 88.59 | POSITIVE | AKAM has a high relative strength, it outperformed 88.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AKAM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AKAM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AKAM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.49 | NEUTRAL | The RSI value for AKAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests AKAM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.41 | NEUTRAL | The Stochastics value for AKAM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for AKAM suggests some volalility. |
| Average Directional Index/ADX (14) | 29.87 | POSITIVE | The high ADX value value for AKAM suggests a strong trend. |
AKAM Chart- and CandleStick Pattern Analysis
AKAM Technicals: Chart, Performance Metrics, Trend & Indicators
115.75
+0.9 (+0.78%)
AKAMAI TECHNOLOGIES INC / AKAM TA FAQ
What is the technical rating for AKAM stock?
ChartMill assigns a technical rating of 10 / 10 to AKAM.
Can you provide the trend direction for AKAMAI TECHNOLOGIES INC?
The current trend direction for AKAMAI TECHNOLOGIES INC (AKAM) is Bullish.
What is the RSI signal for AKAMAI TECHNOLOGIES INC (AKAM) stock?
AKAMAI TECHNOLOGIES INC (AKAM) has an RSI value of 61.4909. This indicates that the stock is currently neutral.
What is the buy/sell signal for AKAM stock?
The buy/sell signal for AKAMAI TECHNOLOGIES INC (AKAM) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for AKAMAI TECHNOLOGIES INC (AKAM) stock?
AKAMAI TECHNOLOGIES INC (AKAM) has a support level at 110.22. Check the full technical report for our detailed analysis of AKAM support and resistance levels.