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Check Point Software Technologies Bearish Moving Average Crossover Alert (CHKP)

By Amy Schwartz

Today, shares of Check Point Software Technologies (NASDAQ:CHKP) have fallen below their 10-day MA of $81.48 on a volume of 173K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Check Point Software Technologies share prices have been bracketed by a low of $65.09 and a high of $89.98 and are now at $81.25, 25% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

SmarTrend is tracking the current trend status for Check Point Software Technologies and will alert subscribers who have CHKP in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses check point software technologies

Ticker(s): CHKP