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Archive - 4/17/2025 - Sign In to see current Signals. |
Akamai Technologies (AKAM) Technical Analysis
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| 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 -0.59 points, or -0.80%, and closed at 73.46 on Thursday, April 17, 2025. Weekly volume was -31% below average. AKAM is a member of Information Technology Sector. Information Technology is the most oversold 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 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 price is now at the 9.65% retracement level.
Medium-term trend: [See AKAM medium-term trend chart] A medium-term downtrend had started on February 10, 2025 at 103.80 and reached 67.51 on April 9, 2025. AKAM lost 36.29 points, or 34.96%, in 8 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (66.01) 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 medium-term trend.
Weekly Technical Indicators: [See AKAM weekly technical indicators chart] Weekly Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. 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 links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since February 21, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high, but getting smaller. It indicates that the current medium-term downtrend 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 uptrend had started on April 9, 2025 at 67.51 and reached 75.58 on April 16, 2025. AKAM gained -8.07 points, or -11.95%, in 7 days. The price is now at the 26.27% retracement level.
Daily Technical Indicators: [See AKAM daily technical indicators chart] Daily technical indicators are neutral. 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.
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