Akamai's most recent trend suggests a bullish bias. One trading opportunity on Akamai is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 10.38% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $60.00 by expiration. The full premium credit of $0.47 would be kept by the premium seller. The risk of $4.53 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Akamai is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Akamai is bullish.
The RSI indicator is at 76.58 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Akamai
Nasdaq stocks posting largest percentage increases
Thu, 27 Feb 2014 23:04:19 GMT
AP – A look at the 10 biggest percentage gainers on Nasdaq at the close of trading: InterCloud Systems rose 22.9 percent to $12.90. Bind Therapeutics rose 12.0 percent to $15.40. RiceBran Tech rose 10.6 percent …
Data Security May Remain Top Tech Stocks to Buy for Years
Thu, 27 Feb 2014 13:20:05 GMT
Baidu Misses on Q4 Earnings; Guidance Strong
Thu, 27 Feb 2014 13:00:04 GMT
Zacks – Baidu, Inc. reported adjusted fourth-quarter 2013 earnings of $1.29 per share missing the Zacks Consensus Estimate of $1.38 due to heavy expenditure made on various investments.
Akamai Technologies To Participate In The Morgan Stanley Technology, Media And Telecom Conference
Wed, 26 Feb 2014 11:30:00 GMT
PR Newswire – CAMBRIDGE, Mass., Feb. 26, 2014 /PRNewswire/ — Akamai Technologies, Inc. (NASDAQ: AKAM), the leading provider of cloud services for delivering, optimizing and securing online content and business applications, …
AKAMAI TECHNOLOGIES INC Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Other Events, Financi
Mon, 24 Feb 2014 21:28:37 GMT
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