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 22.55% return on risk over the next 33 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 $0.92 would be kept by the premium seller. The risk of $4.08 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 29.72 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Akamai
Under Pressure… But Is The Market About To Crack?
Tue, 15 Apr 2014 13:21:10 GMT
‘Heartbleed' blamed in attack on Canada tax agency, more expected
Mon, 14 Apr 2014 22:31:46 GMT
Reuters – BOSTON/OTTAWA (Reuters) – Canada's tax-collection agency said on Monday that the private information of about 900 people had been compromised as hackers exploited the “Heartbleed” bug, and security experts warned that more attacks will likely follow. The breach allowed hackers to extract social insurance numbers, which are used for employment and gaining access to government benefits, and possibly some other data, the Canada Revenue Agency said.
Akamai Expects Customer Security Keys to be Rotated ‘Fairly Quickly'
Mon, 14 Apr 2014 22:14:15 GMT
The Wall Street Journal – Akamai Technologies has begun rotating security keys and certificates and expects the job to be finished “fairly quickly.” In the wake of the Heartbleed bug, it became apparent Akamai was storing …
‘Heartbleed' blamed in attack on Canada tax agency, more expected
Mon, 14 Apr 2014 21:59:33 GMT
Reuters – BOSTON/OTTAWA (Reuters) – Canada's tax-collection agency said on Monday that the private information of about 900 people had been compromised as hackers exploited the “Heartbleed” bug, and security experts warned that more attacks will likely follow. The breach allowed hackers to extract social insurance numbers, which are used for employment and gaining access to government benefits, and possibly some other data, the Canada Revenue Agency said.
‘Heartbleed' blamed in attack on Canada tax agency, more expected
Mon, 14 Apr 2014 15:56:02 GMT
Reuters – BOSTON/OTTAWA, April 14 (Reuters) – Canada's tax-collection agency on Monday said the private information of about 900 people had been compromised as hackers exploited the “Heartbleed” bug, and security experts warned that more attacks are likely to follow. The breach allowed hackers to extract social insurance numbers, which are used for employment and gaining access to government benefits, and possibly some other data, the Canada Revenue Agency said. Internet companies, technology providers, businesses and government agencies have been scrambling to figure out whether their systems are vulnerable to attack since the flaw was disclosed a week ago. Andy Ellis, chief technology officer with Akamai Technologies Inc, said he was not surprised to hear about the attack on the Canadian agency because there are already several “tool kits” publicly available over the Internet that hackers can use to launch attacks on vulnerable websites.
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