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 2.9% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.33%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.84% in the last 1 week, and is up 2.77% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.98% and the 50-Day Moving Average is 0.27%.The 200 Day SMA reached 4.39%. Check Point Software Technologies Ltd. has dropped 8.58% during the last 3-month period . Year-to-Date the stock performance stands at -4.18%.
Check Point Software Technologies Ltd. (NASDAQ:CHKP): After opening at $77.46, the stock dipped to an intraday low of $76.79 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $78.14 and the buying power remained strong till the end. The stock closed at $77.98 for the day, a gain of 1.33% for the day session. The total traded volume was 1,565,764. The stocks close on the previous trading day was $76.96.
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.