AKAMAI TECHNOLOGIES INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	AKAM
ISIN:

AKAMAI TECHNOLOGIES INC. - Daily - Technical analysis published on 07/21/2022 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

56%

39%

My opinion

Bearish under 98.88 USD

My targets

87.46 USD (-7.15%)

78.36 USD (-16.81%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AKAMAI TECHNOLOGIES INC.. As long as you are under the resistance located at 98.88 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 87.46 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 78.36 USD as an objective. Crossing it would then enable sellers to target 53.99 USD. If the resistance 98.88 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.

Force

0.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AKAMAI TECHNOLOGIES INC. rating is 94.19 USD. The price has increased by +4.90% since the last closing and was between 89.11 USD and 97.49 USD. This implies that the price is at +5.70% from its lowest and at -3.38% from its highest.

89.11

97.49

94.19

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of AKAMAI TECHNOLOGIES INC. in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	78.36	87.46	93.31	94.19	98.88	106.16	114.20
Change (%)	-16.81%	-7.15%	-0.93%	-	+4.98%	+12.71%	+21.24%
Change	-15.83	-6.73	-0.88	-	+4.69	+11.97	+20.01
Level	Major	Major	Intermediate	-	Intermediate	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	87.99	88.51	89.15	89.67	90.31	90.83	91.47
Camarilla	89.47	89.58	89.68	89.79	89.90	90.00	90.11
Woodie	88.05	88.54	89.21	89.70	90.37	90.86	91.53
Fibonacci	88.51	88.95	89.23	89.67	90.11	90.39	90.83

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	79.53	82.72	85.56	88.75	91.59	94.78	97.62
Camarilla	86.75	87.31	87.86	88.41	88.96	89.52	90.07
Woodie	79.37	82.63	85.40	88.66	91.43	94.69	97.46
Fibonacci	82.72	85.02	86.44	88.75	91.05	92.47	94.78

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	68.83	77.91	84.62	93.70	100.41	109.49	116.20
Camarilla	86.99	88.44	89.88	91.33	92.78	94.23	95.67
Woodie	67.65	77.32	83.44	93.11	99.23	108.90	115.02
Fibonacci	77.91	83.94	87.67	93.70	99.73	103.46	109.49

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	54.45
MACD (12,26,9):	-1.5500
Directional Movement:	10.41
AROON (14):	35.71
DEMA (21):	88.83
Parabolic SAR (0,02-0,02-0,2):	85.90
Elder Ray (13):	2.79
Super Trend (3,10):	85.53
Zig ZAG (10):	93.83
VORTEX (21):	0.9200
Stochastique (14,3,5):	54.94
TEMA (21):	89.66
Williams %R (14):	-33.52
Chande Momentum Oscillator (20):	0.51
Repulse (5,40,3):	3.1800
ROCnROLL:	-1
TRIX (15,9):	-0.3100
Courbe Coppock:	5.57

MA7:	89.23
MA20:	91.21
MA50:	94.84
MA100:	104.55
MAexp7:	90.43
MAexp20:	91.25
MAexp50:	95.60
MAexp100:	100.88
Price / MA7:	+5.56%
Price / MA20:	+3.27%
Price / MA50:	-0.69%
Price / MA100:	-9.91%
Price / MAexp7:	+4.16%
Price / MAexp20:	+3.22%
Price / MAexp50:	-1.47%
Price / MAexp100:	-6.63%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on AKAMAI TECHNOLOGIES INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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