Shares of Check Point Software Technologies Ltd. (CHKP) Sees Large Outflow of Money

Check Point Software Technologies Ltd. (CHKP) : The value of composite uptick trades was $8.56 million, whereas, the value of composite downtick trades was $11.63 million. The uptick to downtick ratio stood at 0.74 with a negative money flow of ($3.07) Million during Mondays trading session. The block trades money flow was negative ($3.16 million).The uptick to the downtick ratio of 0.47 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $2.86 million. The transaction of the trades on downticks amounted to $6.02 million, which confirms investors selling on the strength of price. Check Point Software Technologies Ltd. (CHKP) gained 57 cents at $75.4, an increase of 0.76% over the previous days close.


Shares of Check Point Software Technologies Ltd. appreciated by 0.29% during the last five trading days but lost 7.2% on a 4-week basis. Check Point Software Technologies Ltd. has dropped 9.24% during the last 3-month period . Year-to-Date the stock performance stands at -7.45%.

Check Point Software Technologies Ltd. (NASDAQ:CHKP): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $74.87 and $74.75 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $75.57. The buying momentum continued till the end and the stock did not give up its gains. It closed at $75.32, notching a gain of 0.65% for the day. The total traded volume was 2,148,039 . The stock had closed at $74.83 on the previous day.

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.

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