CHECK POINT SOFTWARE TECH (CHKP)

IL0010824113 - Common Stock

151.13  +0.03 (+0.02%)

After market: 151.13 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to CHKP. CHKP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month CHKP has a been trading in the 146.55 - 161.94 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
When compared to the yearly performance of all other stocks, CHKP outperforms 57% of them, which is more or less in line with the market.
CHKP is an average performer in the Software industry, it outperforms 60% of 277 stocks in the same industry.
CHKP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CHKP is lagging the market.
Weekly and Daily overview Charts
CHKP Weekly chart
CHKP Daily chart
Setup Rating and Analysis

6

CHKP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 151.12, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

130.40

168.15

We found 4 important support areas.

  • A support zone ranging from 148.90 to 151.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @145.94 from a trend line in the weekly time frame.
  • Support @136.38 from a trend line in the weekly time frame.
  • Support @131.72 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 151.53 to 152.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 156.01 to 158.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 165.09 to 166.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.6
Mansfield-0.75
10 Day High155.87
10 Day Low146.55
20 Day High161.94
20 Day Low146.55
52 Week High168.82
52 Week Low121.14
Performance
1 Week-0.29%
2 Weeks-0.05%
1 Month-4.32%
3 Month-7.15%
6 Month6.16%
12 Month24.47%
2 Year20.83%
3 Year29.19%
5 Year37.04%
10 Year134.38%
15 Year547.24%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)41.14
LBB147.23
UBB154.99
CHKP Daily chart

CHECK POINT SOFTWARE TECH

NASDAQ:CHKP (5/17/2024, 7:00:00 PM)

After market: 151.13 0 (0%)

151.13

+0.03 (+0.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.02%
1 Week-0.29%
2 Weeks-0.05%
1 Month-4.32%
3 Month-7.15%
6 Month6.16%
12 Month24.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.43
ATR(20)%1.94%
ATR Inc
Range Today1.36
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High155.87
10 Day Low146.55
20 Day High161.94
20 Day Low146.55
52 Week High168.82
52 Week Low121.14
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume608.70K
Volume Incr16.73%
Vol(5)821.16K
Vol(50)654.92K