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Takip Edin: @UscMarketsCHKP Stock Forecast & Check Point Software Chart Analysis
This article provides a detailed analysis of CHKP-Check Point Software stock including a forecast for CHKP shares. It features Check Point Software Technologies Ltd. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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CHKP Historical Data Review
CHKP Current Price Performance Analysis
The Check Point Software - CHKP stock traded on the American stock market, on 06-05-2024, closed at 153.8$ with a %1.83 increased compared to the previous day.
In the last month, the price of CHKP changed by %0.74 increased in value, from 152.67 dollars on 05-06-2024 to 153.8 dollars, increased.
Last year, the price of CHKP was 124.38 dollars on 06-06-2023, and changed by %23.65 increased in value, to 153.8 dollars increased within a year.
The price of Check Point Software stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
CHKP with AI Stock Forecast & Price Target
On the CHKP chart Check Point Software price was recorded as 153.8 Dollars on 06/05/2024.
The artificial intelligence's forecast on CHKP stock is as follows.
The artificial intelligence's prediction error margin for CHKP stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Check Point Software stock over the next 4 months is: 156.0 Dollars.
The commentary on CHKP stock Target Price: Highest: 170.029 Dollars is predicted.
The commentary on CHKP stock Target Price: Lowest: 142.08 Dollars is predicted.
Resistance Price where Check Point Software stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 06-20-2024 | 161.861 |
| 09-18-2024 | 153.511 |
| 02-20-2025 | 166.729 |
Support Price where Check Point Software stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-14-2024 | 149.641 |
| 10-23-2024 | 142.080 |
| 03-27-2025 | 161.540 |
The commentary on CHKP stock: The target price can generally be said to be on the rise.
The commentary on CHKP stock: Fluctuations in the target price can be expected in the coming days.
The target price for Check Point Software stock by the end of 2024 is predicted to be 156.457 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on CHKP stock, and the 2024 target price predictions for Check Point Software are detailed above.
The technical analysis and charts for the commentary on CHKP stock are below.
CHKP Support & Resistance and Trend Analysis
CHKP stock you have reviewed the technical analysis support resistance charts regarding.
CHKP : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the CHKP review, the Check Point Software support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Check Point Software Support and Resistance Prices:
| CHKP Support Level Price | CHKP Resistance Level Price |
|---|---|
| 143.28 | 150.15 |
| 146.55 | 152.85 |
| 147.04 | 154.90 |
| 148.61 | 155.87 |
| 150.56 | 160.21 |
| 155.33 | 162.26 |
| 155.57 | 163.02 |
| 156.38 | 166.71 |
| 156.77 | 167.63 |
| 161.28 | 168.82 |
| 161.58 |
CHKP Technical Analysis: SMA, RSI, MACD
Upon reviewing the CHKP chart, buy and sell signals have been generated in the Check Point Software technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for CHKP stock are as follows:- CHKP technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Check Point Software gave a 'Buy' signal when the RSI was at 26.678, with the current RSI value at 61.572.
- The technical analysis for CHKP indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Check Point Software issued a 'Buy' signal when the MACD was at -1.597, with the current MACD value being: -1.001
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Check Point Software stock: Click here to read more predictions on Asahi Group Holdings stock.
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