Akamai (AKAM) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for AKAM · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$123.35last close · Aug 4, 202652-week range $69.78$165.45 · 25.45% below the high

AKAM Rising Wedge Pattern

AKAM is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $96.27 (−18.5%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; AKAM's own rising wedges have hit 68.4%.

DirectionBearishTarget$96.27Projected move−18.5%Breakout level$113.79

New to this pattern? What a rising wedge is and how to trade it →

AKAM's Most Recent Rising Wedge Trade

AKAM's most recent completed rising wedge resolved as a win: it broke down on Apr 9, 2026 near $113.16, then reached its target at $96.27 on Apr 10, 2026 — a +3.37R move (14.9%) over 1 sessions. Across 95 backtested rising wedges, this setup wins 51.6% of the time.

OutcomeWinResult+3.37REntry$113.16Exit$96.27

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
AKAM win rate
68.4%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

AKAM Pattern Trade History

Every completed pattern trade our nightly backtest found on AKAM's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeApr 9, 2026 @ $113.16Apr 10, 2026 @ $96.27Win+3.37R
Bullish PennantJan 12, 2026 @ $93.74Feb 2, 2026 @ $96.63Win+0.31R
Bullish PennantJul 22, 2025 @ $80.40Aug 1, 2025 @ $74.38Loss-1.29R
Rising WedgeOct 23, 2024 @ $105.26Nov 1, 2024 @ $100.52Win+3.06R
TriangleOct 9, 2024 @ $102.21Nov 8, 2024 @ $89.37Loss-4.50R
Rising WedgeDec 8, 2022 @ $89.59Feb 15, 2023 @ $78.58Win+1.68R
Rising WedgeAug 23, 2022 @ $94.09Sep 16, 2022 @ $86.94Win+1.52R
Rising WedgeJan 3, 2022 @ $116.54Jan 7, 2022 @ $110.71Win+1.86R
Rising WedgeDec 27, 2021 @ $117.80Jan 6, 2022 @ $111.88Loss-1.27R
Rising WedgeOct 20, 2020 @ $109.19Oct 28, 2020 @ $102.27Win+1.04R
Falling WedgeAug 26, 2020 @ $111.68Sep 3, 2020 @ $113.40Win+0.30R
TriangleAug 7, 2020 @ $108.51Aug 27, 2020 @ $114.06Loss-1.11R

AKAM Support and Resistance Levels

Price is bouncing off a floor near $115.00 and starting to climb. On the weekly chart, the next ceiling overhead sits near $169.32 — about 37% away.

  • Traders commonly watch $169.32 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $115.00 floor just now, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $121.76, resistance near $124.63. These are chart/swing-derived levels, not formula pivots.

Resistance
$124.63$126.66$131.28$131.43$161.04$185.44$220.15
Support
$121.76$115.20$114.61

AKAM Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$118.78$123.61$118.20$123.35
Aug 3, 2026$115.00$118.71$114.00$117.88
Jul 31, 2026$115.49$116.63$112.50$115.18
Jul 30, 2026$108.60$114.42$108.19$113.75
Jul 29, 2026$111.70$112.49$107.11$107.41
Jul 28, 2026$111.75$113.17$107.92$111.79
Jul 27, 2026$117.00$117.82$110.82$112.85
Jul 24, 2026$117.53$119.08$115.24$115.37
Jul 23, 2026$124.12$125.77$117.31$117.37
Jul 22, 2026$124.09$127.22$122.48$124.30

AKAM Frequently Asked Questions

What chart pattern is AKAM forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Akamai (AKAM) on the daily chart, with a measured-move target of $96.27.
Is a rising wedge bullish or bearish?
The rising wedge detected on AKAM is a bearish pattern, projecting a measured-move target of $96.27. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for AKAM?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), AKAM's nearest support is around $121.76 and nearest resistance around $124.63.
What is the price target if AKAM's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $96.27 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was AKAM's closing price on Aug 4, 2026?
Akamai (AKAM) last closed at $123.35 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.