Sign In to see current Signals.
Move cursor over the icon to see details.
|It was the negative week for the Akamai Technologies (AKAM). During the week, the AKAM dropped -0.96 points, or -1.26%, and closed at 75.34 on Friday, May 18, 2018. Weekly volume was 37% above average. |
AKAM is a member of Technology Sector. Technology is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See AKAM long-term trend chart]
A long-term downtrend had started on May 14, 2015 at 78.44 and reached 39.43 on February 9, 2016. AKAM lost 39.01 points, or 49.73%, in 38 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (47.18) 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 21, 2017 at 44.65 and reached 78.28 on March 9, 2018. AKAM gained -33.63 points, or -75.32%, in 28 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (78.26) 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 Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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.
The weekly MACD line is above its signal line since May 4, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
Short-term trend: [See AKAM short-term trend chart]
A short-term uptrend had started on May 4, 2018 at 70.20 and reached 77.59 on May 10, 2018. AKAM gained -7.39 points, or -10.53%, in 6 days. The price is now at the 30.45% retracement level.
Daily Technical Indicators: [See AKAM daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since May 4, 2018. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.