• Return to Headlines

Akamai Technologies Bullish Moving Average Crossover Alert (AKAM)

By Shiri Gupta

Akamai Technologies (NASDAQ:AKAM) shares have crossed bullishly above their 10-day moving average of $53.66 on a volume of 144K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Akamai Technologies have traded between a low of $39.43 and a high of $78.44 and are now at $54.14, which is 37% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has slid 0.8%.

SmarTrend is tracking the current trend status for Akamai Technologies and will alert subscribers who have AKAM in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Akamai Technologies

Ticker(s): AKAM