AKAMAI TECHNOLOGIES INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	AKAM
ISIN:

AKAMAI TECHNOLOGIES INC. - Daily - Technical analysis published on 03/17/2021 (GMT)

Londinia

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!

Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Court terme: Neutral

De fond: Bearish

Technical indicators

61%

39%

My opinion

Bearish under 106.16 USD

My targets

95.12 USD (-5.08%)

86.21 USD (-13.97%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 106.16 USD remains possible. It is advisable to trade AKAMAI TECHNOLOGIES INC. with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 106.16 USD. The next bearish objective for sellers is set at 95.12 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 86.21 USD. In case of crossing, the next objective would be the support located at 78.70 USD. PS: if there is a bullish break in the resistance located at 106.16 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

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

0.2

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 Doszpy. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The AKAMAI TECHNOLOGIES INC. price is 100.21 USD. The price registered an increase of +0.22% on the session and was traded between 99.86 USD and 101.48 USD over the period. The price is currently at +0.35% from its lowest and -1.25% from its highest.

99.86

101.48

100.21

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

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of AKAMAI TECHNOLOGIES INC. indicates that the overall trend is bearish. 67.86% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator: bullish divergence

Type : Bullish

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:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	78.70	95.12	100.04	100.21	106.16	115.35	119.57
Change (%)	-21.46%	-5.08%	-0.17%	-	+5.94%	+15.11%	+19.32%
Change	-21.51	-5.09	-0.17	-	+5.95	+15.14	+19.36
Level	Major	Major	Major	-	Major	Major	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	97.93	98.90	99.55	100.52	101.17	102.14	102.79
Camarilla	99.77	99.91	100.06	100.21	100.36	100.51	100.66
Woodie	97.78	98.82	99.40	100.44	101.02	102.06	102.64
Fibonacci	98.90	99.52	99.90	100.52	101.14	101.52	102.14

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	89.93	92.61	95.08	97.76	100.23	102.91	105.38
Camarilla	96.13	96.61	97.08	97.55	98.02	98.49	98.97
Woodie	89.83	92.56	94.98	97.71	100.13	102.86	105.28
Fibonacci	92.61	94.58	95.79	97.76	99.73	100.94	102.91

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	61.71	77.92	86.21	102.42	110.71	126.92	135.21
Camarilla	87.76	90.01	92.25	94.50	96.75	98.99	101.24
Woodie	57.75	75.94	82.25	100.44	106.75	124.94	131.25
Fibonacci	77.92	87.28	93.06	102.42	111.78	117.56	126.92

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):	51.15
MACD (12,26,9):	-1.6800
Directional Movement:	3.32
AROON (14):	57.14
DEMA (21):	96.21
Parabolic SAR (0,02-0,02-0,2):	94.12
Elder Ray (13):	2.63
Super Trend (3,10):	103.94
Zig ZAG (10):	100.21
VORTEX (21):	0.9700
Stochastique (14,3,5):	80.94
TEMA (21):	96.25
Williams %R (14):	-14.37
Chande Momentum Oscillator (20):	5.71
Repulse (5,40,3):	0.4700
ROCnROLL:	-1
TRIX (15,9):	-0.3900
Courbe Coppock:	0.02

MA7:	97.92
MA20:	97.25
MA50:	103.88
MA100:	103.42
MAexp7:	98.24
MAexp20:	98.85
MAexp50:	101.87
MAexp100:	103.51
Price / MA7:	+2.34%
Price / MA20:	+3.04%
Price / MA50:	-3.53%
Price / MA100:	-3.10%
Price / MAexp7:	+2.01%
Price / MAexp20:	+1.38%
Price / MAexp50:	-1.63%
Price / MAexp100:	-3.19%

Quotes : 2021-03-16 19:59:59 - 15 min delayed data - NASDAQ Stocks

News

The last news published on AKAMAI TECHNOLOGIES INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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