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Check Point Software Technologies Crosses Below its 10-day MA (CHKP)

By Shiri Gupta

Check Point Software Technologies (NASDAQ:CHKP) shares have crossed bearishly below their 10-day moving average of $64.89 on a volume of 102K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Check Point Software Technologies share prices have moved between a 52-week high of $69.92 and a 52-week low of $48.00 and are now trading 35% above that low price at $64.76 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.3% while the 200-day MA has risen 0.2%.

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