CYBERARK SOFTWARE LTD/ISRAEL (CYBR) Stock Technical Analysis
USA - NASDAQ:CYBR - IL0011334468 - Common Stock
490.95 USD
+4.56 (+0.94%)
490.95 USD
0 (0%)
Taking everything into account, CYBR scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CYBR is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that CYBR is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by CYBR over the past year are nicely spread over this period.
CYBR is one of the better performing stocks in the Software industry, it outperforms 83% of 282 stocks in the same industry.
CYBR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so CYBR is lagging the market slightly.
In the last month CYBR has a been trading in the 469.00 - 514.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, CYBR also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
349.10
519.21
We found 4 important support areas.
- A support zone ranging from 486.38 to 490.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @431.58 from a trend line in the daily time frame.
- Support @410.07 from a trend line in the daily time frame.
- Support @352.63 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 491.55 to 497.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @514.07 from a horizontal line in the daily time frame.
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 | UP | POSITIVE | The long term trend for CYBR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CYBR is neutral. |
| ChartMill Relative Strength | 91.59 | POSITIVE | CYBR has a high relative strength, it outperformed 91.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CYBR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CYBR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CYBR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.9 | NEUTRAL | The RSI value for CYBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.95 | NEGATIVE | The MACD value suggests CYBR has a negative trend. |
| Stochastics (14,3) | 30.28 | NEUTRAL | The Stochastics value for CYBR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for CYBR suggests some volalility. |
| Average Directional Index/ADX (14) | 32.57 | POSITIVE | The high ADX value value for CYBR suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 497.96 | 486.37 | 11.59 (2.33%) | 25.00% |
| An entry @497.96. This is a Buy Stop order right above the resistance zone. | An exit @486.37. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 11.59 points, which is 2.33%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.58%. |
- The distance between exit and entry is rather small compared to the average daily movement of CYBR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
490.95
+4.56 (+0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.94%
1 Week-0.52%
2 Weeks0.11%
1 Month0.06%
3 Month27.33%
6 Month50.67%
12 Month63.66%
2 Year200.02%
3 Year212.89%
5 Year395.16%
10 Year889.02%
15 YearN/A
Volatility
ATR(14)12.52
ATR(20)%2.4%
ATR Inc-2.54%
Range Today11.54
ADR(20)10.69
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.59
Mansfield1.88
10 Day High514.29
10 Day Low481.96
20 Day High514.29
20 Day Low469
52 Week High514.29
52 Week Low271.68
CS1 End490.94
CR1 Start491.55
Volume & EV
DER(3)1.71%
DER(5)-0.17%
Volume471.80K
Volume Incr-33.32%
Vol(5)470.04K
Vol(50)848.35K