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CHECK POINT SOFTWARE TECHNOLOGIES
CHECK POINT SOFTWARE TECHNOLOGIES
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CHKP
ISIN: IL0010824113

CHECK POINT SOFTWARE TECHNOLOGIES - Daily - Technical analysis published on 11/15/2019 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 115.45 USD
My targets
119.28 USD (+2.26%)
126.75 USD (+8.67%)
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 115.45 USD. The next resistance located at 119.28 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 126.75 USD. After this resistance, buyers could then target 131.57 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.

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
0
10
7.9

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.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

CHECK POINT SOFTWARE TECHNOLOGIES rating 116.64 USD. The price registered an increase of +0.31% on the session and was traded between 115.96 USD and 116.67 USD over the period. The price is currently at +0.59% from its lowest and -0.03% from its highest.

115.96
116.67
116.64

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of CHECK POINT SOFTWARE TECHNOLOGIES indicates that the overall trend is strongly bullish. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : Daily



In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 109.41 112.61 115.45 116.64 119.28 126.75 131.57
Change (%) -6.20% -3.46% -1.02% - +2.26% +8.67% +12.80%
Change -7.23 -4.03 -1.19 - +2.64 +10.11 +14.93
Level Major Major Minor - Major Minor Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard114.55114.98115.63116.06116.71117.14117.79
Camarilla115.98116.08116.18116.28116.38116.48116.58
Woodie114.66115.04115.74116.12116.82117.20117.90
Fibonacci114.98115.39115.65116.06116.47116.73117.14


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard107.97109.49112.46113.98116.95118.47121.44
Camarilla114.19114.60115.01115.42115.83116.24116.66
Woodie108.69109.85113.18114.34117.67118.83122.16
Fibonacci109.49111.21112.27113.98115.70116.76118.47


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard98.63101.91107.16110.44115.69118.97124.22
Camarilla110.06110.85111.63112.41113.19113.97114.76
Woodie99.62102.40108.15110.93116.68119.46125.21
Fibonacci101.91105.17107.18110.44113.70115.71118.97

Numerical data


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

Technical indicators
Moving averages

RSI (14): 70.07
MACD (12,26,9): 1.8800
Directional Movement: 12.67
AROON (14): 78.57
DEMA (21): 115.52
Parabolic SAR (0,02-0,02-0,2): 112.65
Elder Ray (13): 1.96
Super Trend (3,10): 111.08
Zig ZAG (10): 116.60
VORTEX (21): 1.2000
Stochastique (14,3,5): 94.72
TEMA (21): 116.84
Williams %R (14): -2.12
Chande Momentum Oscillator (20): 4.43
Repulse (5,40,3): 1.3000
ROCnROLL: 1
TRIX (15,9): 0.1900
Courbe Coppock: 11.93
MA7: 115.76
MA20: 112.28
MA50: 110.57
MA100: 111.41
MAexp7: 115.55
MAexp20: 113.24
MAexp50: 111.51
MAexp100: 111.77
Price / MA7: +0.76%
Price / MA20: +3.88%
Price / MA50: +5.49%
Price / MA100: +4.69%
Price / MAexp7: +0.94%
Price / MAexp20: +3.00%
Price / MAexp50: +4.60%
Price / MAexp100: +4.36%

News


The latest news and videos published on CHECK POINT SOFTWARE TECHNOLOGIES at the time of the analysis were as follows:

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

About author

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