AKAMAI TECHNOLOGIES INC (AKAM)

US00971T1016 - Common Stock

108.37  -0.82 (-0.75%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to AKAM. Although AKAM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month AKAM has a been trading in the 108.86 - 129.17 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Looking at the yearly performance, AKAM did better than 82% of all other stocks. We also observe that the gains produced by AKAM over the past year are nicely spread over this period.
AKAM has an average volume of 1573060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
AKAM is part of the IT Services industry. There are 85 other stocks in this industry, AKAM did better than 69% of them.
AKAM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so AKAM is lagging the market.
Weekly and Daily overview Charts
AKAM Weekly chart
AKAM Daily chart
Setup Rating and Analysis

3

AKAM has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

99.21

110.29

When analyzing the support we notice one important area.

  • Support @100.21 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 109.18 to 109.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.32
Mansfield-0.27
10 Day High129.17
10 Day Low108.86
20 Day High129.17
20 Day Low108.86
52 Week High129.17
52 Week Low70.65
Performance
1 Week-14.91%
2 Weeks-12.23%
1 Month-9.27%
3 Month-2.83%
6 Month8.22%
12 Month41.25%
2 Year0.86%
3 Year15.55%
5 Year56.75%
10 Year78.62%
15 Year503.59%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.96
RSI(14)25.12
LBB110.83
UBB134.15
AKAM Daily chart

AKAMAI TECHNOLOGIES INC

NASDAQ:AKAM (2/20/2024, 11:19:09 AM)

108.37

-0.82 (-0.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.75%
1 Week-14.91%
2 Weeks-12.23%
1 Month-9.27%
3 Month-2.83%
6 Month8.22%
12 Month41.25%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.91
ATR(20)%2.38%
ATR Inc
Range Today1.13
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High129.17
10 Day Low108.86
20 Day High129.17
20 Day Low108.86
52 Week High129.17
52 Week Low70.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume854.68K
Volume Incr168.79%
Vol(5)3.90M
Vol(50)1.57M