Akamai Technologies Inc (AKAM): Price Now Near $120.21; Daily Chart Shows An Uptrend on 100 Day Basis

The Hourly View for AKAM

At the moment, AKAM (Get Ratings)’s price is up $0.17 (0.14%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Out of Business Services stocks, AKAM ranks 170th in regards to today’s price percentage change.

AKAM’s Technical Outlook on the Daily Chart

At the time of this writing, AKAM’s price is up $0.35 (0.29%) from the day prior. AKAM has seen its price go up 8 out of the past 10 days, thus creating some compelling opportunities for bulls. As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows AKAM’s price action over the past 90 days.

AKAM

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AKAM: Daily RSI Analysis

  • AKAM’s RSI now stands at 75.3846.
  • AKAM and RSI both have consistent trends, as they are both heading up.

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