CYBERARK SOFTWARE LTD/ISRAEL (CYBR) Stock Technical Analysis
NASDAQ:CYBR - Nasdaq - IL0011334468 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to CYBR. 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.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, CYBR did better than 92% 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 82% of 282 stocks in the same industry.
CYBR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CYBR is performing more or less in line with the market.
In the last month CYBR has a been trading in the 340.24 - 382.63 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CYBR has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
302.03
385.10
We found 3 important support areas.
- A support zone ranging from 346.39 to 360.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 312.13 to 320.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @305.08 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 | UP | POSITIVE | The short term trend for CYBR is up. |
| ChartMill Relative Strength | 92.18 | POSITIVE | CYBR has a high relative strength, it outperformed 92.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CYBR is above 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) | 65.76 | NEUTRAL | The RSI value for CYBR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.35 | POSITIVE | The MACD value suggests CYBR has a positive trend. |
| Stochastics (14,3) | 71.05 | NEUTRAL | The Stochastics value for CYBR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for CYBR suggests some volalility. |
| Average Directional Index/ADX (14) | 12.15 | 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)
381.29
+7.48 (+2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2%
1 Week7.41%
2 Weeks6.06%
1 Month9.16%
3 Month-0.52%
6 Month19.25%
12 Month57.86%
2 Year146.42%
3 Year174.51%
5 Year267.4%
10 Year513.11%
15 YearN/A
Volatility
ATR(14)12.81
ATR(20)%3.15%
ATR Inc50.36%
Range Today13.59
ADR(20)11.62
ADR(20)%3.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.18
Mansfield2.06
10 Day High382.63
10 Day Low347.12
20 Day High382.63
20 Day Low340.24
52 Week High421
52 Week Low223.41
CS1 End360.75
CR1 StartN/A
Volume & EV
DER(3)0.54%
DER(5)-0.32%
Volume915.40K
Volume Incr40.61%
Vol(5)885.18K
Vol(50)688.91K