Check Point Software Technologies Crosses Above its 10-day MA (CHKP)
Today, shares of Check Point Software Technologies (NASDAQ:CHKP) have advanced above their 10-day MA of $75.24 on a volume of 385K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher 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 $75.40, 16% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.
SmarTrend recommended that its subscribers protect gains by selling shares of Check Point Software Technologies on July 28th, 2016 by issuing a Downtrend alert when the shares were trading at $77.98. Since that call, shares of Check Point Software Technologies have fallen 4.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: moving crosses check point software technologies