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.
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LATEST NEWS for Akamai
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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