CYBERARK SOFTWARE

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CYBR
ISIN:	IL0011334468

CYBERARK SOFTWARE - Daily - Technical analysis published on 08/29/2020 (GMT)

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Timeframe : Daily
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Summary of the analysis

Trends

Court terme: Bullish

De fond: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 106.73 USD

My targets

115.09 USD (+2.75%)

126.35 USD (+12.80%)

My analysis

The basic bullish trend is very strong on CYBERARK SOFTWARE but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 106.73 USD. Crossing the first resistance at 115.09 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 126.35 USD as an objective. Crossing it would then enable buyers to target 135.77 USD. Caution, a return to below 106.73 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CYBERARK SOFTWARE price is 112.01 USD. On the day, this instrument gained +0.33% with the lowest point at 111.24 USD and the highest point at 112.76 USD. The deviation from the price is +0.69% for the low point and -0.67% for the high point.

111.24

112.76

112.01

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by CYBERARK SOFTWARE:

Technical

Technical analysis of this Daily chart of CYBERARK SOFTWARE indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	89.09	94.66	106.73	112.01	115.09	126.35	135.77
Change (%)	-20.46%	-15.49%	-4.71%	-	+2.75%	+12.80%	+21.21%
Change	-22.92	-17.35	-5.28	-	+3.08	+14.34	+23.76
Level	Minor	Major	Major	-	Major	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	107.83	109.51	110.58	112.26	113.33	115.01	116.08
Camarilla	110.88	111.14	111.39	111.64	111.89	112.14	112.40
Woodie	107.52	109.36	110.27	112.11	113.02	114.86	115.77
Fibonacci	109.51	110.56	111.21	112.26	113.31	113.96	115.01

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	100.48	102.96	105.12	107.60	109.76	112.24	114.40
Camarilla	105.99	106.42	106.85	107.27	107.70	108.12	108.55
Woodie	100.31	102.88	104.95	107.52	109.59	112.16	114.23
Fibonacci	102.96	104.74	105.83	107.60	109.38	110.47	112.24

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	82.18	90.37	104.11	112.30	126.04	134.23	147.97
Camarilla	111.81	113.82	115.83	117.84	119.85	121.86	123.87
Woodie	84.95	91.76	106.88	113.69	128.81	135.62	150.74
Fibonacci	90.37	98.75	103.93	112.30	120.68	125.86	134.23

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	53.82
MACD (12,26,9):	0.1000
Directional Movement:	2.80
AROON (14):	78.57
DEMA (21):	110.49
Parabolic SAR (0,02-0,02-0,2):	105.14
Elder Ray (13):	1.75
Super Trend (3,10):	117.33
Zig ZAG (10):	112.01
VORTEX (21):	0.9200
Stochastique (14,3,5):	78.10
TEMA (21):	109.52
Williams %R (14):	-24.16
Chande Momentum Oscillator (20):	3.01
Repulse (5,40,3):	0.1400
ROCnROLL:	1
TRIX (15,9):	-0.0200
Courbe Coppock:	2.89

MA7:	109.96
MA20:	110.34
MA50:	108.78
MA100:	103.78
MAexp7:	110.56
MAexp20:	110.28
MAexp50:	108.74
MAexp100:	106.93
Price / MA7:	+1.86%
Price / MA20:	+1.51%
Price / MA50:	+2.97%
Price / MA100:	+7.93%
Price / MAexp7:	+1.31%
Price / MAexp20:	+1.57%
Price / MAexp50:	+3.01%
Price / MAexp100:	+4.75%

Quotes : 2020-08-28 19:59:59 - 15 min delayed data - NASDAQ Stocks

News

Don"t forget to follow the news on CYBERARK SOFTWARE. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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