Akamai's most recent trend suggests a bearish bias. One trading opportunity on Akamai is a Bear Call Spread using a strike $47.00 short call and a strike $52.50 long call offers a potential 7.63% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $47.00 by expiration. The full premium credit of $0.39 would be kept by the premium seller. The risk of $5.11 would be incurred if the stock rose above the $52.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Akamai is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Akamai is bearish.
The RSI indicator is at 28.66 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Akamai
Akamai Technologies Named to Dow Jones Sustainability Index North America
Wed, 30 Oct 2013 11:27:44 GMT
noodls – Contacts Chris Nicholson Media Relations 617-444-2987 cnichols@akamai.com -or- Tom Barth Investor Relations 617-274-7130 tbarth@akamai.com Cloud services provider recognized for financial performance, …
Akamai Technologies Named to Dow Jones Sustainability Index North America
Wed, 30 Oct 2013 10:30:00 GMT
PR Newswire – CAMBRIDGE, Mass., Oct. 30, 2013 /PRNewswire/ — Akamai Technologies, Inc. (AKAM), the leading provider of cloud services for delivering, optimizing and securing online content and business applications, today announced it has been named to the Dow Jones Sustainability Index North America. Akamai's selection came as the result of its performance on the annual RobecoSAM Corporate Sustainability Assessment. This was the first year Akamai was invited to participate in the assessment. Grouped with 13 companies in the “TSV IT services & internet software and services industry,” Akamai achieved an above average score in the economic and environmental categories.
The Worst Time to Buy Is When Everyone Believes It
Tue, 29 Oct 2013 15:34:13 GMT
Motley Fool – Learning from the market's past to understand its present.
GPShopper Leverages Akamai Aqua Web Experience Solutions to Accelerate and Optimize Both Mobile Apps and Web Sites Performance
Tue, 29 Oct 2013 10:30:00 GMT
PR Newswire – CAMBRIDGE, Mass., Oct. 29, 2013 /PRNewswire/ — Akamai Technologies, Inc. (NASDAQ: AKAM), the leading provider of cloud services for delivering, optimizing and securing online content and business applications, …
RSA® Conference Europe 2013 Opens Today in Amsterdam
Tue, 29 Oct 2013 07:00:00 GMT
Business Wire – The top information security professionals and business leaders across Europe gathered today at the Amsterdam RAI Convention Centre for the opening of the 14th annual RSA® Conference Europe.
Related Posts
Also on Market Tamer…
Follow Us on Facebook