Akamai Technologies (AKAM) Technical Analysis

Akamai Technologies Inc (AKAM) is a leading global content delivery network (CDN) and cloud services provider, offering a wide range of solutions for optimizing and delivering online content. With a strong emphasis on technical analysis, investors can gain valuable insights into the company's stock performance. By utilizing various technical indicators, such as the relative strength index (RSI), average directional index (ADX), moving average convergence/divergence (MACD), rate of change (ROC), stochastic relative strength index (STOCHRSI), and Williams %R (WILLR), investors can make informed decisions about buying or selling AKAM stock.

The RSI is a popular momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and is commonly used to identify overbought or oversold conditions. When the RSI is above 70, it suggests that the stock is overbought and may be due for a price correction. Conversely, when the RSI is below 30, it indicates that the stock is oversold and may be primed for a potential rebound.