Akamai Technologies, Inc. (NASDAQ:AKAM) Spiked Up 0.3% – Here’s Why

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For its latest trading sesion, Akamai Technologies, Inc. (NASDAQ:AKAM) spiked up by 0.3% – here is what that looked like (as of 2019-12-04):

What is the cause of all this?? To grasp this action better, We ought to analyze some technical indicators. The most important ones are as follows:

A Money Flow Index (MFI) of 34.048, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of -0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 1.236, an Accumulation/Distribution Index (ADI) of 1.236, an On-Balance Volume (OBV) of 2405.897, and a Chaiikin Money Flow (CMF) of -85.62. 1.524

Now let’s take all these indicators into account. Consulting Trading View, this is what it all means:

So there you have it – our analysis of Akamai Technologies, Inc. (NASDAQ:AKAM). Note this is technical analysis only! You should do fundamental research as well, and do not just rely on this – we take no responsibility for any losses incurred if you buy or sell based on the above.