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 6.16% return on risk over the next 7 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 $0.29 would be kept by the premium seller. The risk of $4.71 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 74.19 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 INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhi
Thu, 10 Nov 2016 21:49:09 GMT
U.S. Presidential Election Is Largest News Event Delivered by Akamai
Wed, 09 Nov 2016 18:41:00 GMT
PR Newswire – CAMBRIDGE, Mass., Nov. 9, 2016 /PRNewswire/ — Akamai Technologies, Inc., (NASDAQ: AKAM), the global leader in content delivery network (CDN) services, today announced that media coverage of last night's …
Who’s going to get clobbered in the next cyber attack?
Wed, 09 Nov 2016 16:59:40 GMT
MarketWatch – It’s just a matter of time before the next big cyber attack on the internet, writes Michael Brush.
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
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