CHKP Technical Signal Analysis
CHKP have 4 buy signals and 2 sell signals now. The current trend is downtrend starting from 2025-01-30. The total price change during this trend is +1.55%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of CHKP over last 5 trading day is $345,535,124.69
4 Bullish Signal
2 Bearish Signal
Name
Signal
Value
Meaning
Average Directional Index (14 days)
ADX_14 > 25
32.5
Bullish
Awesome Oscillator (5, 34)
AO_5_34 > 0
9.09
Bullish
Momentum (10 days)
MOM_10 > 0
3.76
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
4.8
Bullish
Name
Signal
Value
Meaning
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 0.8
45.88
Bearish
Closing price
close < SMA_5 and close.shift(1) >= prev_SMA_5
222.39
Bearish
4 Bullish Signal
Name
Signal
Value
Meaning
Average Directional Index (14 days)
ADX_14 > 25
32.5
Bullish
Awesome Oscillator (5, 34)
AO_5_34 > 0
9.09
Bullish
Momentum (10 days)
MOM_10 > 0
3.76
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
4.8
Bullish
CHKP Support and Resistance Level
The support levels for CHKP are at 216.42, 212.64, and 206.52, while the resistance levels are at 228.65, 232.43, and 238.54. With the current stock price at 217.99, it is leaning more toward the support levels.
CHKP Technical Analysis
Comprehensive Technical Analysis of CHKP Stock
Current Price and Recent Performance:
- Current Price: $229.65
- 52-Week Range: Not provided, but recent highs and lows indicate volatility.
- Volume: 1,886,018 (moderate trading activity).
Technical Indicators:
- RSI (14): 70.68 (overbought territory, suggesting potential pullback).
- MACD: Positive at 5.24, indicating bullish momentum, but the histogram shows a slight decline.
- Bollinger Bands: The stock is near the upper band, signaling possible resistance.
- Fibonacci Levels:
- Pivot Point: $221.59
- Resistance Levels: $228.26 (R1), $232.38 (R2)
- Support Levels: $214.93 (S1), $210.81 (S2)
Price Action:
- The stock is currently testing the first resistance level ($228.26), which may act as a barrier.
- The MACD histogram shows a slight decline, indicating weakening upward momentum.
Conclusion:
While CHKP shows strength in the cybersecurity sector, the overbought RSI and proximity to the upper Bollinger Band suggest a potential correction. It may be prudent to wait for a pullback to a support level before entering a position.
Recommendation: HOLD at current levels. Consider buying if the stock pulls back to the support level of $214.93.
{RATING:symbol=CHKP, type=0}
CHKP FAQs
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Is CHKP a buy based on overall technical signals summary?
CHKP Buy or Sell
CHKP has 4 buy signals and 2 sell signals now. Overall the technical rating for CHKP is Buy.
Buy
Sell
2
Buy
4
CHKP Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 217.99 below the SMA_5. In the short term, the stock shows a positive trend with the 224.59 above the SMA_20. In the mid term, the stock shows a positive trend with the 220.75 above the SMA_60. In the long term, the stock shows a positive trend with the 202.75 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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What do technical indicators suggest about CHKP's current trend?What are CHKP's key support and resistance levels?