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 02/14/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
72%
11%
17%
My opinion
Bullish above 96.44 USD
My targets
103.85 USD (+4.27%)
109.95 USD (+10.39%)
My analysis
The bullish trend is currently very strong on AKAMAI TECHNOLOGIES INC.. As long as the price remains above the support at 96.44 USD, you could try to benefit from the boom. The first bullish objective is located at 103.85 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 109.95 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8

This analysis was given by emerick. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly
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.

Additional analysis

Quotes

The AKAMAI TECHNOLOGIES INC. rating is 99.60 USD. The price has increased by +2.21% since the last closing and was between 96.53 USD and 100.49 USD. This implies that the price is at +3.18% from its lowest and at -0.89% from its highest.

96.53
100.49
99.60

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by AKAMAI TECHNOLOGIES INC.:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this AKAMAI TECHNOLOGIES INC. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



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

Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Long black line

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 82.58 88.69 96.44 99.60
Change (%) -17.09% -10.95% -3.17% -
Change -17.02 -10.91 -3.16 -
Level Major Major Major -



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
Standard88.9192.9695.2099.25101.49105.54107.78
Camarilla95.7296.3096.8797.4598.0398.6099.18
Woodie88.0292.5194.3198.80100.60105.09106.89
Fibonacci92.9695.3696.8499.25101.65103.13105.54


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard89.7691.5593.8395.6297.9099.69101.97
Camarilla95.0095.3795.7596.1296.4996.8797.24
Woodie90.0291.6794.0995.7498.1699.81102.23
Fibonacci91.5593.1094.0695.6297.1798.1399.69


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard75.9081.1587.2592.5098.60103.85109.95
Camarilla90.2391.2792.3193.3594.3995.4396.47
Woodie76.3381.3687.6892.7199.03104.06110.38
Fibonacci81.1585.4988.1692.5096.8499.51103.85

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): 72.29
MACD (12,26,9): 1.7700
Directional Movement: 31.37
AROON (14): 57.15
DEMA (21): 97.65
Parabolic SAR (0,02-0,02-0,2): 94.14
Elder Ray (13): 2.34
Super Trend (3,10): 94.32
Zig ZAG (10): 99.60
VORTEX (21): 1.0400
Stochastique (14,3,5): 59.59
TEMA (21): 97.91
Williams %R (14): -35.76
Chande Momentum Oscillator (20): 4.77
Repulse (5,40,3): -0.0400
ROCnROLL: 1
TRIX (15,9): 0.2800
Courbe Coppock: 3.25
MA7: 96.89
MA20: 95.63
MA50: 90.64
MA100: 89.63
MAexp7: 97.06
MAexp20: 95.27
MAexp50: 92.39
MAexp100: 89.96
Price / MA7: +2.80%
Price / MA20: +4.15%
Price / MA50: +9.89%
Price / MA100: +11.12%
Price / MAexp7: +2.62%
Price / MAexp20: +4.54%
Price / MAexp50: +7.80%
Price / MAexp100: +10.72%

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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