Where Will Check Point Software Technologies Ltd. (CHKP) Stock Go Next After It Has Risen 0.72% in a Week?

The market has been high on Check Point Software Technologies Ltd. (CHKP) stock recently. CHKP gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Check Point Software Technologies Ltd. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CHKP!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CHKP Stock Today?

Check Point Software Technologies Ltd. (CHKP) stock is down -0.16% while the S&P 500 has risen 2.13% as of 1:06 PM on Tuesday, Dec 7. CHKP is down -$0.17 from the previous closing price of $112.28 on volume of 551,931 shares. Over the past year the S&P 500 is up 27.02% while CHKP is down -6.24%. CHKP earned $6.10 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 18.37.

More About Check Point Software Technologies Ltd.

Check Point Software Technologies is a pure-play cybersecurity vendor. The company offers solutions for network, endpoint, cloud, and mobile security in addition to security management. Check Point, a software specialist, sells to enterprises, businesses, and consumers. At the end of 2020, 45% of its revenue was from the Americas, 43% from Europe, and 12% from Asia-Pacific, Middle East, and Africa. The firm, based in Tel Aviv, Israel, was founded in 1993 and has about 5,000 employees. Click Here to get the full Stock Report for Check Point Software Technologies Ltd. stock.