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Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Akamai Technologies, Inc. (NASDAQ:AKAM)
Long-Term Downtrend (-90) - AKAM is in a strong downtrend that is likely to continue. While AKAM is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AKAM?
MarketClub looks at technical strength and momentum to determine if the timing is right for AKAM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AKAM
The long-term trend has been DOWN since Apr 3rd, 2024 at 106.570
The intermediate-term trend has been DOWN since Feb 14th, 2024 at 121.060
The short-term trend has been DOWN since Apr 25th, 2024 at 100.525
Smart Scan Analysis for AKAM
Based on our trend formula, AKAM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 101.620 | 102.160 | 100.285 | 101.810 | -0.380 |
| Prev. Close | Volume | Bid | Ask | Time |
| 101.790 | 776448 | 2024-04-25 15:59:59 |
| Year High | 83.08 | Year High Date | 2018-06-21 |
| Year Low | 60.96 | Year Low Date | 2018-10-29 |
| 52wk High | 129.17 | 52wk High Date | 2024-02-09 |
| 52wk Low | 76.845 | 52wk Low Date | 2023-05-04 |
| Year End Close | 40.91 | Average Volume | 1,169,853 |
| Shares Outstanding | 151,530 | Short Interest | 5,595,752 |
| % Institutional | 81.8 | Market Cap | 14,682M |
| Assets | 990,003,700M | Liabilities | 530,288,200M |
| P/E Ratio | 29.0312 | Beta | 0.92 |
| Volatility | 54.13 |