Check Point Software Technologies Ltd. (CHKP) : Traders are bullish on Check Point Software Technologies Ltd. (CHKP) as it has outperformed the S&P 500 by a wide margin of 0.06% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.35%, relative to the S&P 500. The stock has risen by 2.52% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.47% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.71% and the 50-Day Moving Average is 1.41%.The 200 Day SMA reached 3.85%
Check Point Software Technologies Ltd. (NASDAQ:CHKP): After opening at $76.99, the stock dipped to an intraday low of $76.5 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $77.685 and the buying power remained strong till the end. The stock closed at $77.61 for the day, a gain of 1.15% for the day session. The total traded volume was 1,131,983. The stocks close on the previous trading day was $77.61.
Check Point Software Technologies Ltd. (CHKP) : The consensus price target for Check Point Software Technologies Ltd. (CHKP) is $89.33 for the short term with a standard deviation of $6.04. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $100, however, the pessimist price target for the company is $80.
Check Point Software Technologies Ltd (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. The Checkpoints Software Blade architecture offers enterprises a common platform to deploy independent, modular and interoperable security applications (Software Blades), such as firewall, virtual private network (VPN), intrusion prevention system (IPS), Application Control, Anti-Bot, antivirus, data loss prevention (DLP), policy management, event analysis, or multi-domain management. The Company offers these software blades grouped into functional packages to address specific security issues. Software-defined Protection (SDP) is a security architecture that is designed to protect against unknown threats.