CHECK POINT SOFTWARE TECHNOLOGIES - 1H - Technical analysis published on 10/11/2024 (GMT)
- 124
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : WITHOUT TARGET
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 202.73 USD
My targets
-
My analysis
CHECK POINT SOFTWARE TECHNOLOGIES is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 202.73 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The CHECK POINT SOFTWARE TECHNOLOGIES price is 208.82 USD. On the day, this instrument lost -0.09% and was between 206.06 USD and 210.70 USD. This implies that the price is at +1.34% from its lowest and at -0.89% from its highest.206.06
210.70
208.82
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by CHECK POINT SOFTWARE TECHNOLOGIES:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this CHECK POINT SOFTWARE TECHNOLOGIES chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 190.82 | 195.41 | 197.74 | 208.82 |
| Change (%) | -8.62% | -6.42% | -5.31% | - |
| Change | -18.00 | -13.41 | -11.08 | - |
| Level | Minor | Major | Minor | - |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 195.95 | 198.82 | 203.91 | 206.78 | 211.87 | 214.74 | 219.83 |
| Camarilla | 206.82 | 207.55 | 208.28 | 209.01 | 209.74 | 210.47 | 211.20 |
| Woodie | 197.07 | 199.38 | 205.03 | 207.34 | 212.99 | 215.30 | 220.95 |
| Fibonacci | 198.82 | 201.86 | 203.74 | 206.78 | 209.82 | 211.70 | 214.74 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 183.11 | 185.37 | 189.65 | 191.91 | 196.19 | 198.45 | 202.73 |
| Camarilla | 192.13 | 192.73 | 193.33 | 193.93 | 194.53 | 195.13 | 195.73 |
| Woodie | 184.12 | 185.88 | 190.66 | 192.42 | 197.20 | 198.96 | 203.74 |
| Fibonacci | 185.37 | 187.87 | 189.41 | 191.91 | 194.41 | 195.95 | 198.45 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 173.51 | 178.87 | 185.84 | 191.20 | 198.17 | 203.53 | 210.50 |
| Camarilla | 189.42 | 190.55 | 191.68 | 192.81 | 193.94 | 195.07 | 196.20 |
| Woodie | 174.32 | 179.27 | 186.65 | 191.60 | 198.98 | 203.93 | 211.31 |
| Fibonacci | 178.87 | 183.58 | 186.49 | 191.20 | 195.91 | 198.82 | 203.53 |
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): | 70.41 | |
| MACD (12,26,9): | 3.4500 | |
| Directional Movement: | 21.39 | |
| AROON (14): | 64.28 | |
| DEMA (21): | 210.09 | |
| Parabolic SAR (0,02-0,02-0,2): | 206.24 | |
| Elder Ray (13): | 1.65 | |
| Super Trend (3,10): | 204.78 | |
| Zig ZAG (10): | 208.75 | |
| VORTEX (21): | 1.3600 | |
| Stochastique (14,3,5): | 86.97 | |
| TEMA (21): | 211.16 | |
| Williams %R (14): | -21.67 | |
| Chande Momentum Oscillator (20): | 5.32 | |
| Repulse (5,40,3): | 0.0600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2600 | |
| Courbe Coppock: | 7.20 |
| MA7: | 199.29 | |
| MA20: | 194.99 | |
| MA50: | 189.92 | |
| MA100: | 176.86 | |
| MAexp7: | 208.71 | |
| MAexp20: | 205.50 | |
| MAexp50: | 200.42 | |
| MAexp100: | 197.09 | |
| Price / MA7: | +4.78% | |
| Price / MA20: | +7.09% | |
| Price / MA50: | +9.95% | |
| Price / MA100: | +18.07% | |
| Price / MAexp7: | +0.05% | |
| Price / MAexp20: | +1.62% | |
| Price / MAexp50: | +4.19% | |
| Price / MAexp100: | +5.95% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on CHECK POINT SOFTWARE TECHNOLOGIES. At the time of publication of this analysis, the latest news was as follows:
- Alkira and Check Point Software Technologies Collaborate to Bring Enterprise-Class Security to Cloud Workloads
- Cybersecurity Breaches Pave The Way For Proactive Cybersecurity Solutions in 2019: VirtualArmour International (CSE:VAI)(OTCQB:VTLR), Patriot One Technologies, Check Point Software Technologies and FireEye Inc.
- Research Report Identifies Cabot Microelectronics, Check Point Software Technologies, Aon plc, Acadia Healthcare, Advanced Micro Devices, and Nevsun Resources with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement
- New Research Coverage Highlights Star Bulk Carriers, Check Point Software Technologies, NetEase, CURO Group, America First Multifamily Investors, and Banco Latinoamericano de Comercio Exterior, S.A. — Consolidated Revenues, Company Growth, and Expectations for 2018
- Check Point Software Technologies Reports 2016 Fourth Quarter and Full Year Financial Results
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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