AKAMAI TECHNOLOGIES INC (AKAM) Stock Technical Analysis
USA - NASDAQ:AKAM - US00971T1016 - Common Stock
83.74 USD
+10.74 (+14.71%)
84.2 USD
+0.46 (+0.55%)
Taking everything into account, AKAM scores 5 out of 10 in our technical rating. In the last year, AKAM was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
In the last month AKAM has a been trading in the 70.82 - 86.23 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 1937720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, AKAM turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
AKAM is an average performer in the IT Services industry, it outperforms 67% of 85 stocks in the same industry.
AKAM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AKAM is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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 upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
71.20
84.58
We found 2 important support areas.
- A support zone ranging from 74.58 to 76.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 71.92 to 72.86. 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 | NEUTRAL | NEUTRAL | The long term trend for AKAM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AKAM is neutral. |
| ChartMill Relative Strength | 64.5 | NEUTRAL | AKAM is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of AKAM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 69.6 | NEUTRAL | The RSI value for AKAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.57 | POSITIVE | The MACD value suggests AKAM has a positive trend. |
| Stochastics (14,3) | 53.33 | NEUTRAL | The Stochastics value for AKAM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.86 | MEDIUM VOLATILITY | The ATR as a percentage value for AKAM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.82 | NEUTRAL | The ADX value for AKAM suggests a possible start of a new trend. |
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)
83.74
+10.74 (+14.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg14.71%
1 Week11.5%
2 Weeks11.58%
1 Month14.34%
3 Month18.73%
6 Month9.82%
12 Month-6.3%
2 Year-27.52%
3 Year-11.72%
5 Year-19.1%
10 Year45.36%
15 Year60.45%
Volatility
ATR(14)2.75
ATR(20)%2.86%
ATR Inc310.74%
Range Today9.48
ADR(20)2.16
ADR(20)%2.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.5
3 months CRS86.09
6 months CRS56.78
Mansfield-0.84
10 Day High86.23
10 Day Low70.82
20 Day High86.23
20 Day Low70.82
52 Week High103.75
52 Week Low67.51
CS1 End76.92
CR1 StartN/A
Volume & EV
DER(3)-0.1%
DER(5)0.41%
Volume9.63M
Volume Incr172.68%
Vol(5)4.19M
Vol(50)1.94M
AKAMAI TECHNOLOGIES INC / AKAM FAQ
What is the technical rating for AKAM stock?
ChartMill assigns a technical rating of 5 / 10 to AKAM.
What is the current trend direction of AKAMAI TECHNOLOGIES INC (AKAM) stock?
The current trend direction for AKAMAI TECHNOLOGIES INC (AKAM) is Bearish.
What is the RSI signal for AKAM stock?
AKAMAI TECHNOLOGIES INC (AKAM) has an RSI value of 69.5966. This indicates that the stock is currently neutral.
Can you provide the short term momentum for AKAMAI TECHNOLOGIES INC?
The short term momentum for AKAMAI TECHNOLOGIES INC (AKAM) is neutral.