AKAMAI TECHNOLOGIES INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

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Type:	Stocks
Ticker:	AKAM
ISIN:

AKAMAI TECHNOLOGIES INC. - Daily - Technical analysis published on 04/15/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

17%

44%

39%

My opinion

Bullish above 112.40 USD

My targets

125.37 USD (+5.36%)

131.35 USD (+10.39%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AKAMAI TECHNOLOGIES INC. as long as the price remains well above 112.40 USD. The buyers' bullish objective is set at 125.37 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 131.35 USD. If there is any crossing, the next objective would be the resistance located at 140.90 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.

Force

4.8

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 Smurph77. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

AKAMAI TECHNOLOGIES INC. rating 118.99 USD. On the day, this instrument lost -0.17% and was traded between 118.58 USD and 119.83 USD over the period. The price is currently at +0.35% from its lowest and -0.70% from its highest.

118.58

119.83

118.99

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a 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

Technical analysis of AKAMAI TECHNOLOGIES INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, only 8 technical indicators out of 18 studied are currently positioned bearish. The Central Indicators scanner found no further results concerning independent technical indicators.

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

Near support of channel

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	104.30	112.40	118.45	118.99	120.27
Change (%)	-12.35%	-5.54%	-0.45%	-	+1.08%
Change	-14.69	-6.59	-0.54	-	+1.28
Level	Minor	Intermediate	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	117.19	117.88	118.44	119.13	119.69	120.38	120.94
Camarilla	118.65	118.76	118.88	118.99	119.11	119.22	119.33
Woodie	117.12	117.85	118.37	119.10	119.62	120.35	120.87
Fibonacci	117.88	118.36	118.66	119.13	119.61	119.91	120.38

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	112.54	115.17	116.76	119.39	120.98	123.61	125.20
Camarilla	117.20	117.59	117.97	118.36	118.75	119.13	119.52
Woodie	112.03	114.91	116.25	119.13	120.47	123.35	124.69
Fibonacci	115.17	116.78	117.78	119.39	121.00	122.00	123.61

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	94.31	100.29	109.84	115.82	125.37	131.35	140.90
Camarilla	115.12	116.54	117.97	119.39	120.81	122.24	123.66
Woodie	96.10	101.18	111.63	116.71	127.16	132.24	142.69
Fibonacci	100.29	106.22	109.89	115.82	121.75	125.42	131.35

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):	58.56
MACD (12,26,9):	1.6700
Directional Movement:	8.45
AROON (14):	50.00
DEMA (21):	120.17
Parabolic SAR (0,02-0,02-0,2):	120.94
Elder Ray (13):	0.62
Super Trend (3,10):	114.43
Zig ZAG (10):	118.99
VORTEX (21):	1.1800
Stochastique (14,3,5):	35.02
TEMA (21):	120.42
Williams %R (14):	-64.53
Chande Momentum Oscillator (20):	-1.43
Repulse (5,40,3):	-0.0900
ROCnROLL:	1
TRIX (15,9):	0.2900
Courbe Coppock:	2.51

MA7:	118.77
MA20:	118.76
MA50:	113.05
MA100:	113.41
MAexp7:	118.88
MAexp20:	117.75
MAexp50:	115.08
MAexp100:	113.55
Price / MA7:	+0.19%
Price / MA20:	+0.19%
Price / MA50:	+5.25%
Price / MA100:	+4.92%
Price / MAexp7:	+0.09%
Price / MAexp20:	+1.05%
Price / MAexp50:	+3.40%
Price / MAexp100:	+4.79%

Quotes : - 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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