Akamai's most recent trend suggests a bearish bias. One trading opportunity on Akamai is a Bear Call Spread using a strike $67.50 short call and a strike $72.50 long call offers a potential 13.12% 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 $67.50 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock rose above the $72.50 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 76.71 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Akamai
AKAMAI TECHNOLOGIES INC Files SEC form 10-Q, Quarterly Report
Tue, 08 Nov 2016 21:18:04 GMT
Why Akamai Technologies, Inc. Gained 31% in October
Mon, 07 Nov 2016 14:21:00 GMT
3 Best-Performing Stocks in October
Sat, 05 Nov 2016 15:16:00 GMT
5 Rocket Stocks to Buy for Halloween Gains: Coca-Cola, Kroger, More
Sat, 05 Nov 2016 14:20:00 GMT
Akamai Could Lead Tech Higher in 2017 (AKAM, GOOGL)
Fri, 04 Nov 2016 16:31:00 GMT
Investopedia – Akamai Technologies looks set to challenge the 2015 bull market high in coming months and head for triple digits.
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