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AKAM Forecast and Technical Stock Analysis
Buy candidate since 2019-08-02 Gain 1.26% PDF
Akamai Technologies gained 0.19% in the last trading day ( Friday, 20th Sep 2019 ), rising from $89.26 to $89.43 During the day the stock fluctuated 1.34% from a day low at $88.78 to a day high of $89.97. The price has fallen in 6 of the last 10 days and is down by -2.6% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.55 million more shares were traded than the day before. In total, 2.27 million shares bought and sold for approximately $203.21 million.
- 30 day high of the AKAM stock price was $93.12 and low was $86.51.
- 90 day high was $93.12 and low was $77.40.
- 52 week high for Akamai Technologies - $93.12 and low - $57.18.
Akamai Technologies lies in the lower part of a strong rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $89.14 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 14.49% during the next 3 months and, with 90% probability hold a price between $102.06 and $110.97 at the end of this period.
Only positive signals in the chart today. Akamai Technologies holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $90.23. On a fall, the stock will find some support from the long-term average at approximately $88.65. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Thursday September 19, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 80 ]
RSI14 is 51 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Akamai Technologies finds support from accumulated volume at $88.13.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.19 (1.34%) between high and low. For the last week, the stock has had daily average volatility of 2.22%.
Our recommended stop-loss: $83.98 (-6.09%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)
2.22 %Average volatility
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|AKAM $89.43 ($0.17 0.19%)|
AKAM is up $0.17 today, but where's it headed in 2019?
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!