AKAMAI TECHNOLOGIES INC.
AKAMAI TECHNOLOGIES INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: AKAM
ISIN:

AKAMAI TECHNOLOGIES INC. - Daily - Technical analysis published on 08/08/2022 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Slightly bearish
Technical indicators
67%
0%
33%
My opinion
Bullish above 93.31 USD
My targets
98.88 USD (+2.73%)
106.16 USD (+10.30%)
My analysis
The strong short-term increase in AKAMAI TECHNOLOGIES INC. calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 93.31 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 98.88 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 106.16 USD as an objective. Crossing it would then enable buyers to target 114.20 USD. Caution, a return under 93.31 USD could jeopardize the reversal.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
2.5

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:
15 min. 1H Weekly

Additional analysis

Quotes

The AKAMAI TECHNOLOGIES INC. price is 96.25 USD. On the day, this instrument lost -0.03% and was traded between 95.69 USD and 97.69 USD over the period. The price is currently at +0.59% from its lowest and -1.47% from its highest.

95.69
97.69
96.25

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of AKAMAI TECHNOLOGIES INC. indicates that the overall trend is slightly bearish. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 78.36 86.83 93.31 96.25 98.88 106.16 114.20
Change (%) -18.59% -9.79% -3.05% - +2.73% +10.30% +18.65%
Change -17.89 -9.42 -2.94 - +2.63 +9.91 +17.95
Level Major Minor Major - Intermediate Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard93.4794.0595.1795.7596.8797.4598.57
Camarilla95.8195.9796.1296.2896.4496.5996.75
Woodie93.7394.1995.4395.8997.1397.5998.83
Fibonacci94.0594.7095.1095.7596.4096.8097.45


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard92.6593.6294.9595.9297.2598.2299.55
Camarilla95.6595.8696.0796.2896.4996.7096.91
Woodie92.8393.7195.1396.0197.4398.3199.73
Fibonacci93.6294.5095.0495.9296.8097.3498.22


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard77.3381.6188.9293.20100.51104.79112.10
Camarilla93.0394.1095.1696.2297.2898.3599.41
Woodie78.8482.3790.4393.96102.02105.55113.61
Fibonacci81.6186.0488.7893.2097.63100.37104.79

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 59.33
MACD (12,26,9): 0.8900
Directional Movement: 13.54
AROON (14): 100.00
DEMA (21): 94.78
Parabolic SAR (0,02-0,02-0,2): 88.40
Elder Ray (13): 2.02
Super Trend (3,10): 90.73
Zig ZAG (10): 96.29
VORTEX (21): 1.0500
Stochastique (14,3,5): 85.67
TEMA (21): 96.79
Williams %R (14): -16.22
Chande Momentum Oscillator (20): 2.13
Repulse (5,40,3): 0.4300
ROCnROLL: -1
TRIX (15,9): 0.0500
Courbe Coppock: 13.27
MA7: 95.87
MA20: 92.63
MA50: 94.03
MA100: 102.77
MAexp7: 95.58
MAexp20: 94.05
MAexp50: 95.38
MAexp100: 99.56
Price / MA7: +0.40%
Price / MA20: +3.91%
Price / MA50: +2.36%
Price / MA100: -6.34%
Price / MAexp7: +0.70%
Price / MAexp20: +2.34%
Price / MAexp50: +0.91%
Price / MAexp100: -3.32%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


The last news published on AKAMAI TECHNOLOGIES INC. at the time of the generation of this analysis was as follows:

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

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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