AKAMAI TECHNOLOGIES INC. - Daily - Technical analysis published on 02/14/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
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
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This analysis was given by emerick. Take part yourself by sharing additional analysis on another time unit:
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.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by AKAMAI TECHNOLOGIES INC.:
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:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
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:
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:
Long black line
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 88.91 | 92.96 | 95.20 | 99.25 | 101.49 | 105.54 | 107.78 |
| Camarilla | 95.72 | 96.30 | 96.87 | 97.45 | 98.03 | 98.60 | 99.18 |
| Woodie | 88.02 | 92.51 | 94.31 | 98.80 | 100.60 | 105.09 | 106.89 |
| Fibonacci | 92.96 | 95.36 | 96.84 | 99.25 | 101.65 | 103.13 | 105.54 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 89.76 | 91.55 | 93.83 | 95.62 | 97.90 | 99.69 | 101.97 |
| Camarilla | 95.00 | 95.37 | 95.75 | 96.12 | 96.49 | 96.87 | 97.24 |
| Woodie | 90.02 | 91.67 | 94.09 | 95.74 | 98.16 | 99.81 | 102.23 |
| Fibonacci | 91.55 | 93.10 | 94.06 | 95.62 | 97.17 | 98.13 | 99.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 75.90 | 81.15 | 87.25 | 92.50 | 98.60 | 103.85 | 109.95 |
| Camarilla | 90.23 | 91.27 | 92.31 | 93.35 | 94.39 | 95.43 | 96.47 |
| Woodie | 76.33 | 81.36 | 87.68 | 92.71 | 99.03 | 104.06 | 110.38 |
| Fibonacci | 81.15 | 85.49 | 88.16 | 92.50 | 96.84 | 99.51 | 103.85 |
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:
- Akamai Reports Fourth Quarter 2019 and Full-Year 2019 Financial Results
- Akamai Identified as a Bot Management Leader by Independent Research Firm
- Akamai Recognized as a January 2020 Gartner Peer Insights Customers' Choice for Web Application Firewalls
- Akamai Technologies To Hold Fourth Quarter and Full Year 2019 Investor Conference Call On Tuesday, February 11, at 4:30 PM ET
- Akamai Technologies Earns Top Marks In Human Rights Campaign's 2020 Corporate Equality Index
This member declared not having a position on this financial instrument or a related financial instrument.
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