|
|
|
Akamai Technologies (AKAM) |
 |
| 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 gave back -0.85 points, or -0.97%, and closed at 87.12 on Friday, November 29, 2019. Weekly volume was -49% below average.
 Long-term trend: [See AKAM long-term trend chart]
A long-term uptrend had started on November 20, 2008 at 9.25 and reached 93.12 on September 6, 2019. AKAM gained -83.87 points, or -906.70%, in 563 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 63.50 and resistance is at 102.89. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
Medium-term trend: [See AKAM medium-term trend chart]
A medium-term uptrend had started on February 9, 2016 at 39.43 and reached 93.12 on September 6, 2019. AKAM gained -53.69 points, or -136.17%, in 186 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 65.59 and resistance is at 94.54. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
 Weekly Technical Indicators: [See AKAM weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since October 18, 2019. 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 September 6, 2019 at 93.12 and reached 83.91 on November 8, 2019. AKAM lost 9.21 points, or 9.89%, in 63 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 82.76 and resistance is at 92.16. 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 technical indicators are neutral.
The daily MACD line is above its signal line since November 15, 2019.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. 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.
| |
|
|