Logo image of AKAM

AKAMAI TECHNOLOGIES INC (AKAM) Stock Technical Analysis

NASDAQ:AKAM - Nasdaq - US00971T1016 - Common Stock

94.71  +3.7 (+4.07%)

After market: 94.71 0 (0%)

Technical Rating and Analysis

1

Overall AKAM gets a technical rating of 1 out of 10. AKAM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, AKAM is a bad performer in the overall market: 84% of all stocks are doing better.
AKAM is one of the lesser performing stocks in the IT Services industry. 76% of 82 stocks in the same industry do better.
AKAM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
AKAM has an average volume of 1954570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month AKAM has a been trading in the 88.50 - 98.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
AKAM Weekly chart
AKAM Daily chart
Setup Rating and Analysis

3

The technical rating of AKAM is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

86.56

107.74

We found 1 important support area.

  • A support zone ranging from 87.43 to 89.19. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 94.73 to 95.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @98.25 from a trend line in the weekly time frame.
  • A resistance zone ranging from 106.67 to 106.67. 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
CRS16.15
Mansfield-1.36
10 Day High95.1
10 Day Low88.5
20 Day High98.11
20 Day Low88.5
52 Week High129.17
52 Week Low84.7
Performance
1 Week5.69%
2 Weeks1.23%
1 Month0.63%
3 Month-7.12%
6 Month-2.33%
12 Month-23.04%
2 Year6.48%
3 Year-17.32%
5 Year1.46%
10 Year62.87%
15 Year283.44%
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)-0.04
RSI(14)53.07
LBB88.04
UBB97.01
AKAM Daily chart

AKAMAI TECHNOLOGIES INC

NASDAQ:AKAM (1/21/2025, 8:00:00 PM)

After market: 94.71 0 (0%)

94.71

+3.7 (+4.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg4.07%
1 Week5.69%
2 Weeks1.23%
1 Month0.63%
3 Month-7.12%
6 Month-2.33%
12 Month-23.04%
2 Year6.48%
3 Year-17.32%
5 Year1.46%
10 Year62.87%
15 Year283.44%
Volatility
ATR(14)2.43
ATR(20)%2.32%
ATR Inc33.54%
Range Today3.11
ADR(20)2.05
ADR(20)%2.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.15
Mansfield-1.36
10 Day High95.1
10 Day Low88.5
20 Day High98.11
20 Day Low88.5
52 Week High129.17
52 Week Low84.7
CS1 End89.19
CR1 Start94.73
Volume & EV
DER(3)-0.95%
DER(5)-1.06%
Volume2.96M
Volume Incr16.65%
Vol(5)1.75M
Vol(50)1.95M