AKAM Stock Forecast & Akamai Technologies Chart Analysis
This article provides a detailed analysis of AKAM-Akamai Technologies stock including a forecast for AKAM shares. It features Akamai Technologies, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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AKAM Historical Data Review
AKAM Current Price Performance Analysis
The Akamai Technologies - AKAM stock traded on the American stock market, on 06-05-2024, closed at 90.74$ with a %-0.35 decreased compared to the previous day.
In the last month, the price of AKAM changed by %-10.23 decreased in value, from 101.08 dollars on 05-06-2024 to 90.74 dollars, decreased.
Last year, the price of AKAM was 93.31 dollars on 06-06-2023, and changed by %-2.75 decreased in value, to 90.74 dollars decreased within a year.
The price of Akamai Technologies stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
AKAM with AI Stock Forecast & Price Target
On the AKAM chart Akamai Technologies price was recorded as 90.74 Dollars on 06/05/2024.
The artificial intelligence's forecast on AKAM stock is as follows.
The artificial intelligence's prediction error margin for AKAM stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Akamai Technologies stock over the next 4 months is: 110.4 Dollars.
The commentary on AKAM stock Target Price: Highest: 130.156 Dollars is predicted.
The commentary on AKAM stock Target Price: Lowest: 94.785 Dollars is predicted.
Resistance Price where Akamai Technologies stock will Rise and Fall:
Date | Price Prediction |
---|---|
06-20-2024 | 103.682 |
11-22-2024 | 112.034 |
02-25-2025 | 130.156 |
Support Price where Akamai Technologies stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-19-2024 | 94.785 |
11-27-2024 | 112.009 |
03-27-2025 | 125.701 |
The commentary on AKAM stock: The target price can generally be said to be on the rise.
The commentary on AKAM stock: Fluctuations in the target price can be expected in the coming days.
The target price for Akamai Technologies stock by the end of 2024 is predicted to be 114.172 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on AKAM stock, and the 2024 target price predictions for Akamai Technologies are detailed above.
The technical analysis and charts for the commentary on AKAM stock are below.
AKAM Support & Resistance and Trend Analysis
AKAM stock you have reviewed the technical analysis support resistance charts regarding.
AKAM : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the AKAM review, the Akamai Technologies support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Akamai Technologies Support and Resistance Prices:
AKAM Support Level Price | AKAM Resistance Level Price |
---|---|
89.55 | 97.24 |
90.53 | 102.83 |
97.71 | 110.18 |
105.84 | 113.36 |
106.57 | 119.66 |
114.01 | 120.61 |
114.10 | 129.17 |
AKAM Technical Analysis: SMA, RSI, MACD
Upon reviewing the AKAM chart, buy and sell signals have been generated in the Akamai Technologies technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for AKAM stock are as follows:- The technical analysis for Akamai Technologies indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Akamai Technologies stock: Click here to read more predictions on First Solar stock.
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