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Bullish Moving Average Cross by Akamai Technologies (AKAM)

By David Diaz

Today, shares of Akamai Technologies (NASDAQ:AKAM) have advanced above their 10-day MA of $54.72 on a volume of 247K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Akamai Technologies share prices have been bracketed by a low of $39.43 and a high of $78.44 and are now at $54.94, 39% above that low price. The 200-day and 50-day moving averages have moved 0.76% lower and 0.61% lower over the past week, respectively.

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