Akamai's most recent trend suggests a bearish bias. One trading opportunity on Akamai is a Bear Call Spread using a strike $57.50 short call and a strike $62.50 long call offers a potential 10.62% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $57.50 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $4.52 would be incurred if the stock rose above the $62.50 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 37.44 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Akamai
Akamai Technologies To Participate In The Oppenheimer Technology, Internet & Communications Conference
Fri, 08 Aug 2014 11:00:00 GMT
PR Newswire – CAMBRIDGE, Mass., Aug. 8, 2014 /PRNewswire/ — Akamai Technologies, Inc. (NASDAQ: AKAM), the leading provider of cloud services for delivering, optimizing and securing online content and business applications, …
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Mon, 04 Aug 2014 17:44:08 GMT
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Sun, 03 Aug 2014 19:54:11 GMT
[$$] Amid Losses, Amazon Presses on $9.99 E-Books
Sat, 02 Aug 2014 07:05:00 GMT
Barrons.com – Perhaps that explains Amazon's newly aggressive stance on e-books, a highly profitable segment that holds one of the keys to a profitable Amazon future. For the past three months, Amazon has waged a public battle with U.S. publisher Hachette Book Group. In seeking leverage with Hachette, Amazon delayed shipping many of the publishers' books and stopped taking preorders for new books. It would seem to be the antithesis of Amazon's customer-friendly origins.
Stock Market News for August 01, 2014
Fri, 01 Aug 2014 13:41:31 GMT
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