CHECK POINT SOFTWARE TECH (CHKP) Stock Technical Analysis
USA - NASDAQ:CHKP - IL0010824113 - Common Stock
195.19 USD
-1.35 (-0.69%)
195.19 USD
0 (0%)
Taking everything into account, CHKP scores 1 out of 10 in our technical rating. CHKP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, CHKP is a bad performer in the overall market: 80% of all stocks are doing better.
CHKP is part of the Software industry. There are 280 other stocks in this industry, of which 61% are performing better than CHKP.
In the last month CHKP has a been trading in the 184.30 - 198.76 range, which is quite wide. It is currently trading near the high of this range.
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.
Considerably lower volume is observed in the last couple of days.
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 195.14, a Stop Loss order could be placed below this zone.
More info and screens
178.91
232.50
2 important support areas can be observed.
- A support zone ranging from 191.45 to 195.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 180.72 to 186.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 195.20 to 196.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 230.20 to 230.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CHKP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHKP is neutral. |
| ChartMill Relative Strength | 20.51 | NEGATIVE | CHKP has a low relative strength, it was outperformed by 79.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CHKP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CHKP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of CHKP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.57 | NEUTRAL | The RSI value for CHKP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.48 | POSITIVE | The MACD value suggests CHKP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.71 | NEUTRAL | The Stochastics value for CHKP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for CHKP suggests low volalility. |
| Average Directional Index/ADX (14) | 20.48 | NEUTRAL | The ADX value for CHKP suggests a possible start of a new trend. |
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)
195.19
-1.35 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.69%
1 Week1.09%
2 Weeks2.05%
1 Month5.33%
3 Month-10.84%
6 Month-13.19%
12 Month0.01%
2 Year46.45%
3 Year74.25%
5 Year62.2%
10 Year146.05%
15 Year428.54%
Volatility
ATR(14)3.5
ATR(20)%1.83%
ATR Inc-23%
Range Today2.43
ADR(20)3.51
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.51
Mansfield-1.42
10 Day High198.76
10 Day Low188.53
20 Day High198.76
20 Day Low184.3
52 Week High234.36
52 Week Low169.02
CS1 End195.14
CR1 Start195.2
Volume & EV
DER(3)-0.4%
DER(5)-1.16%
Volume519.70K
Volume Incr-34.06%
Vol(5)528.16K
Vol(50)908.12K