CYBERARK SOFTWARE LTD/ISRAEL (CYBR) Stock Technical Analysis
NASDAQ:CYBR - Nasdaq - IL0011334468 - Common Stock - Currency: USD
Overall CYBR gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
CYBR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, CYBR did better than 86% of all other stocks. On top of that, CYBR also shows a nice and consistent pattern of rising prices.
CYBR is one of the better performing stocks in the Software industry, it outperforms 70% 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.
CYBR has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 385.20, a Stop Loss order could be placed below this zone.
More info and screens
302.03
418.46
When analyzing the support we can see 5 important areas.
- A support zone ranging from 374.79 to 385.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @336.48 from a trend line in the weekly time frame.
- Support @327.44 from a trend line in the daily time frame.
- Support @312.13 from a horizontal line in the daily time frame.
- Support @305.08 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @403.76 from a horizontal line in the daily time frame.
- A resistance zone ranging from 413.32 to 414.32. 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 | 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 | 86.5 | POSITIVE | CYBR has a high relative strength, it outperformed 86.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CYBR is below a declining 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) | 49.43 | NEUTRAL | The RSI value for CYBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.19 | NEGATIVE | The MACD value suggests CYBR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.09 | NEUTRAL | The Stochastics value for CYBR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for CYBR suggests some volalility. |
| Average Directional Index/ADX (14) | 17.9 | NEGATIVE | The low ADX value for CYBR suggests a weak or negative 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 |
|---|---|---|---|
| 403.77 | 374.78 | 28.99 (7.18%) | 13.93% |
| An entry @403.77. This is a Buy Stop order right above the resistance zone. | An exit @374.78. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 28.99 points, which is 7.18%. | When investing 13.93% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
385.58
+2.1 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.55%
1 Week2.88%
2 Weeks-3.31%
1 Month-0.74%
3 Month18.33%
6 Month9.47%
12 Month48.51%
2 Year132.26%
3 Year196.3%
5 Year227.21%
10 Year552.09%
15 YearN/A
Volatility
ATR(14)13.94
ATR(20)%3.58%
ATR Inc-22.48%
Range Today8.64
ADR(20)13.65
ADR(20)%3.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.5
Mansfield0.74
10 Day High408.74
10 Day Low370.16
20 Day High411
20 Day Low370.16
52 Week High421
52 Week Low230
CS1 End385.2
CR1 Start403.76
Volume & EV
DER(3)0.05%
DER(5)1.33%
Volume584.70K
Volume Incr-20.24%
Vol(5)597.54K
Vol(50)755.03K