AKAMAI TECHNOLOGIES INC (AKAM) Technical Analysis
NASDAQ:AKAM • US00971T1016
Current stock price
AKAM Technical Rating and Analysis
Taking everything into account, AKAM scores 2 out of 10 in our technical rating. AKAM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month AKAM has a been trading in the 88.50 - 118.17 range, which is quite wide. It is currently trading near the lows of this range.
- AKAM is part of the IT Services industry. There are 88 other stocks in this industry. AKAM outperforms 79% of them.
- AKAM has an average volume of 5264970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, AKAM outperforms 56% of them, which is more or less in line with the market.
- 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.
- Considerably lower volume is observed in the last couple of days.
AKAM Weekly and Daily overview Charts
AKAM Setup Rating and Analysis
AKAM has a poor technical rating and the quality of the setup is also 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.
More info and screens
AKAM Support and Resistance Analysis
87.95
When analyzing the support we notice one important area.
- A support zone ranging from 88.84 to 91.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @98.08 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 | NEUTRAL | NEUTRAL | The long term trend for AKAM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AKAM is down. |
| ChartMill Relative Strength | 56.74 | NEUTRAL | AKAM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AKAM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AKAM is below 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) | 41.12 | NEUTRAL | The RSI value for AKAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.87 | NEGATIVE | The MACD value suggests AKAM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.1 | NEUTRAL | The Stochastics value for AKAM is a neutral value. |
| Average True Range in percent/ATR (20) | 6 | HIGH VOLATILITY | The high ATR as a percentage value for AKAM suggests high volalility. |
| Average Directional Index/ADX (14) | 28.24 | 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
95.25
-0.93 (-0.97%)
AKAMAI TECHNOLOGIES INC / AKAM TA FAQ
What is the technical rating for AKAM stock?
ChartMill assigns a technical rating of 2 / 10 to AKAM.
Can you provide the trend direction for AKAMAI TECHNOLOGIES INC?
The current trend direction for AKAMAI TECHNOLOGIES INC (AKAM) is Bearish.
What is the RSI signal for AKAMAI TECHNOLOGIES INC (AKAM) stock?
AKAMAI TECHNOLOGIES INC (AKAM) has an RSI value of 41.1166. This indicates that the stock is currently neutral.
What is the support and resistance level for AKAM stock?
AKAMAI TECHNOLOGIES INC (AKAM) has a support level at 91.35 and a resistance level at 98.08. Check the full technical report for our detailed analysis of AKAM support and resistance levels.