AKAMAI TECHNOLOGIES INC (AKAM) Stock Technical Analysis
USA - NASDAQ:AKAM - US00971T1016 - Common Stock
Taking everything into account, AKAM scores 7 out of 10 in our technical rating. AKAM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
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.
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71.20
When analyzing the support we notice one important area.
- A support zone ranging from 71.92 to 72.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 90.43 to 90.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | UP | POSITIVE | The short term trend for AKAM is up. |
| ChartMill Relative Strength | 69.19 | 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) | 66.92 | NEUTRAL | The RSI value for AKAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.65 | POSITIVE | The MACD value suggests AKAM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.17 | OVERBOUGHT | The high Stochastics value suggests AKAM may be overbought. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for AKAM suggests some volalility. |
| Average Directional Index/ADX (14) | 30.01 | POSITIVE | The high ADX value value for AKAM suggests a strong trend. |
87.17
-1.5 (-1.69%)
AKAMAI TECHNOLOGIES INC / AKAM FAQ
What is the technical rating for AKAM stock?
ChartMill assigns a technical rating of 7 / 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 66.9203. 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 positive.