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. - 1H - Technical analysis published on 04/22/2024 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
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Timeframe : 1H
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

50%

44%

My opinion

Bearish under 105.63 USD

My targets

100.21 USD (-1.10%)

93.24 USD (-7.97%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on AKAMAI TECHNOLOGIES INC.. As long as you are under the resistance located at 105.63 USD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 100.21 USD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 93.24 USD as an objective. Crossing it would then enable sellers to target 86.96 USD. If the resistance 105.63 USD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

1.8

Comment on the analysis

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:

Additional analysis

Quotes

AKAMAI TECHNOLOGIES INC. rating 101.32 USD. The price registered a decrease of -0.18% on the session with the lowest point at 101.03 USD and the highest point at 101.94 USD. The deviation from the price is +0.29% for the low point and -0.61% for the high point.

101.03

101.94

101.32

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this 1H chart of AKAMAI TECHNOLOGIES INC. indicates that the overall trend is bearish. The signals given by moving averages are 75.00% bearish. This bearish trend could slow down given the neutral signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

In fact, only 9 technical indicators out of 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

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

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Near horizontal support

Type : Bullish

Timeframe : 1 hour

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : 1 hour

Bullish harami cross

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	86.96	93.24	100.21	101.32	101.39	105.63	107.05
Change (%)	-14.17%	-7.97%	-1.10%	-	+0.07%	+4.25%	+5.66%
Change	-14.36	-8.08	-1.11	-	+0.07	+4.31	+5.73
Level	Minor	Major	Intermediate	-	Minor	Minor	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	99.46	99.95	100.73	101.22	102.00	102.49	103.27
Camarilla	101.15	101.27	101.38	101.50	101.62	101.73	101.85
Woodie	99.60	100.02	100.87	101.29	102.14	102.56	103.41
Fibonacci	99.95	100.44	100.74	101.22	101.71	102.01	102.49

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	95.11	97.57	99.53	101.99	103.95	106.41	108.37
Camarilla	100.29	100.69	101.10	101.50	101.91	102.31	102.72
Woodie	94.87	97.45	99.29	101.87	103.71	106.29	108.13
Fibonacci	97.57	99.26	100.30	101.99	103.68	104.72	106.41

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	99.38	103.09	105.93	109.64	112.48	116.19	119.03
Camarilla	106.96	107.56	108.16	108.76	109.36	109.96	110.56
Woodie	98.94	102.87	105.49	109.42	112.04	115.97	118.59
Fibonacci	103.09	105.60	107.14	109.64	112.15	113.69	116.19

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):	45.96
MACD (12,26,9):	-0.2200
Directional Movement:	-0.21
AROON (14):	64.29
DEMA (21):	100.91
Parabolic SAR (0,02-0,02-0,2):	100.60
Elder Ray (13):	-0.09
Super Trend (3,10):	102.23
Zig ZAG (10):	101.17
VORTEX (21):	0.9900
Stochastique (14,3,5):	65.57
TEMA (21):	101.29
Williams %R (14):	-40.91
Chande Momentum Oscillator (20):	0.45
Repulse (5,40,3):	-0.1700
ROCnROLL:	-1
TRIX (15,9):	-0.0500
Courbe Coppock:	1.10

MA7:	101.57
MA20:	105.23
MA50:	108.81
MA100:	113.96
MAexp7:	101.30
MAexp20:	101.29
MAexp50:	102.29
MAexp100:	103.93
Price / MA7:	-0.25%
Price / MA20:	-3.72%
Price / MA50:	-6.88%
Price / MA100:	-11.09%
Price / MAexp7:	+0.02%
Price / MAexp20:	+0.03%
Price / MAexp50:	-0.95%
Price / MAexp100:	-2.51%

Quotes : - 15 min delayed data - NASDAQ Stocks

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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