|
|
Downtrend Broken Resist.Archive
- 2/14/2025 -
Sign In to see current Signals. |
Akamai Technologies (AKAM) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Akamai Technologies (AKAM). During the week, the AKAM climbed 0.36 points, or 0.36%, and closed at 100.00 on Friday, February 14, 2025. Weekly volume was 14% above average.
 Long-term trend: [See AKAM long-term trend chart]
A long-term downtrend had started on February 9, 2024 at 129.16 and reached 84.70 on November 19, 2024. AKAM lost 44.46 points, or 34.42%, in 40 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (83.18) 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 long-term trend.
 Medium-term trend: [See AKAM medium-term trend chart]
A medium-term uptrend had started on November 19, 2024 at 84.70 and reached 103.80 on February 10, 2025. AKAM gained -19.10 points, or -22.55%, in 11 weeks. The price is now at the 19.90% retracement level.
 Weekly Technical Indicators: [See AKAM weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since January 24, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 January 13, 2025 at 88.50 and reached 103.80 on February 10, 2025. AKAM gained -15.30 points, or -17.29%, in 28 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (102.07) is broken. A broken support is considered to be a long-term bearish 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 support in a short-term trend.
Daily Technical Indicators: [See AKAM daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since January 17, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward 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.
During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|