|
|
Archive - 8/7/2026 - Sign In to see current Signals. |
Akamai Technologies (AKAM) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the Akamai Technologies (AKAM). During the week, the AKAM dropped -4.64 points, or -4.03%, and closed at 110.54 on Friday, August 7, 2026. Weekly volume was 29% above average.
Long-term trend: [See AKAM long-term trend chart] A long-term downtrend had started on February 9, 2024 at 129.16 and reached 67.51 on April 9, 2025. AKAM lost 61.65 points, or 47.73%, in 60 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (7.25) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. AKAM may retest the broken resistance line. It is considered to be a support line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See AKAM medium-term trend chart] A medium-term downtrend had started on May 13, 2026 at 165.45 and reached 107.11 on July 29, 2026. AKAM lost 58.34 points, or 35.26%, in 11 weeks. The price is now at the 5.88% retracement level.
Weekly Technical Indicators: [See AKAM weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since June 26, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See AKAM short-term trend chart] A short-term downtrend had started on July 10, 2026 at 131.08 and reached 107.11 on July 29, 2026. AKAM lost 23.97 points, or 18.29%, in 19 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 99.38 and resistance is at 120.86. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.
Daily Technical Indicators: [See AKAM daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|