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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that AKAM is one of the better performing stocks in the market, outperforming 89% 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 making a new 52 week high. This is a strong signal. 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 95.37 - 115.20 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- AKAM has an average volume of 4633350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
AKAM Weekly and Daily overview Charts
AKAM Setup Rating and Analysis
Although AKAM has an excellent technical rating, it does not present a decent entry opportunity 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
69.82
6 important support areas can be observed.
- A support zone ranging from 114.42 to 114.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 99.81 to 101.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @97.64 from a horizontal line in the daily time frame.
- Support @90.61 from a horizontal line in the daily time frame.
- Support @74.19 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 | 89.2 | POSITIVE | AKAM has a high relative strength, it outperformed 89.2% 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) | 68.34 | NEUTRAL | The RSI value for AKAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.77 | POSITIVE | The MACD value suggests AKAM has a positive trend. |
| Stochastics (14,3) | 88.78 | OVERBOUGHT | The high Stochastics value suggests AKAM may be overbought. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for AKAM suggests some volalility. |
| Average Directional Index/ADX (14) | 25.42 | 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
114.5
+0.07 (+0.06%)
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 AKAM stock?
AKAMAI TECHNOLOGIES INC (AKAM) has an RSI value of 68.3428. 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 0.771757, indicating a bearish trend.
What is the support and resistance level for AKAM stock?
AKAMAI TECHNOLOGIES INC (AKAM) has a support level at 101.09. Check the full technical report for our detailed analysis of AKAM support and resistance levels.