The Greedy Trader Weekly Analysis
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Downtrend Broken Resistance

Downtrend Broken Resistance stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Downtrend broken resistance stock market alert is a trend trading warning signal. It is a confirmation that long term downtrend reversal is completed and a new uptrend is establiched.

Unlike other alerts, broken resistance is not a buy/sell signal. It is rather warning signal that trend direction has changed. For entry point it is usually better to wait for pull back and retest of resistance line. This point is considered as a second chance to participate in downtrend reversal.

Downtrend Broken Resist.

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- 4/10/2026 -
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Akamai Technologies (AKAM) Technical Analysis

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Summary:
Weekly :Broken trend support lineBroken trend resistance line
Daily :Daily  MACD line has moved below its signal lineThe price is below the lower Bollinger Band
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It was the negative week for the Akamai Technologies (AKAM). During the week, the AKAM dropped -26.65 points, or -22.58%, and closed at 91.35 on Friday, April 10, 2026. Weekly volume was 127% 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 (22.09) is broken. A broken support is considered to be a long-term bullish signal. 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 uptrend had started on August 8, 2025 at 69.78 and reached 121.12 on March 26, 2026. AKAM gained -51.34 points, or -73.57%, in 32 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (98.13) is broken. A broken support is considered to be a long-term bearish signal. 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 support in a medium-term trend.

Weekly Technical Indicators: [See AKAM weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since June 6, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term uptrend is still strong, and momentum is beginning to wane. 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 March 26, 2026 at 121.12 and reached 90.56 on April 10, 2026. AKAM lost 30.56 points, or 25.23%, in 15 days. Price is near the trend low.

Daily Technical Indicators: [See AKAM daily technical indicators chart]
Daily technical indicators are neutral.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.00
Williams' Percentage Range (W%R) 37.60
Lane's Stochastic (%D-Slow) 35.05
Greed/Fear Indicator (GFI) 43.49
Moving Average Converg./Diverg. (MACD) 2.98
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 53.16
Williams' Percentage Range (W%R) 29.90
Lane's Stochastic (%D-Slow) 74.96
Greed/Fear Indicator (GFI) 65.27
Moving Average Converg./Diverg. (MACD) 5.92
Trading Signals
Description Value Chart
Upper Bollinger Band 121.83
Parabolic System 117.18
Weekly Stochastic Crossing 114.17
20 Day Moving Average 111.62
50 Day Moving Average 104.74
Daily Stochastic Crossing 99.37
Monthly Trendline Support 98.13
Lower Bollinger Band 97.67
Price 91.35
Yearly Trendline Resistance 74.18
Sector and Industry
Description Name Rank
Sector Information Technology 3
Industry Internet Services & Infrastructure 81
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 118.17
High Date 04/06/2026
Low 90.56
Low Date 04/10/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 121.12
High Date 03/26/2026
Low 90.56
Low Date 04/10/2026
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Support
Resistance 124.45
Support 98.13
Low 69.78
Low Date 08/08/2025
High 121.12
High Date 03/26/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 67.51
Low Date 04/09/2025
High 121.12
High Date 03/26/2026
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 74.18
Support 22.09
High 129.16
High Date 02/09/2024
Low 67.51
Low Date 04/09/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.