We assign a technical rating of 7 out of 10 to AKAM. Although AKAM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although AKAM has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
71.20
3 important support areas can be observed.
- A support zone ranging from 83.49 to 85.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @75.66 from a trend line in the weekly time frame.
- A support zone ranging from 71.92 to 73.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 86.41 to 87.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 89.52 to 90.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for AKAM is neutral. |
| ChartMill Relative Strength | 54.62 | NEUTRAL | AKAM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of AKAM is below 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) | 46.03 | NEUTRAL | The RSI value for AKAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests AKAM has a negative trend. |
| Stochastics (14,3) | 48.29 | NEUTRAL | The Stochastics value for AKAM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for AKAM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.18 | NEUTRAL | The ADX value for AKAM suggests a possible start of a new trend. |
85.71
-2.47 (-2.8%)
AKAMAI TECHNOLOGIES INC / AKAM FAQ
What is the technical rating for AKAM stock?
ChartMill assigns a technical rating of 7 / 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 AKAM stock?
AKAMAI TECHNOLOGIES INC (AKAM) has an RSI value of 46.0283. This indicates that the stock is currently neutral.
What is the MACD signal for AKAMAI TECHNOLOGIES INC (AKAM) stock?
The MACD indicator for AKAMAI TECHNOLOGIES INC (AKAM) has a value of -0.363403, indicating a bearish trend.
What is the support and resistance level for AKAM stock?
AKAMAI TECHNOLOGIES INC (AKAM) has a support level at 85.37 and a resistance level at 86.41. Check the full technical report for our detailed analysis of AKAM support and resistance levels.