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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of CYBR
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CyberArk Software Ltd. stock upgraded from Sell Candidate to Hold/Accumulate after Friday trading session.
(Updated on Jun 14, 2024)

Hold candidate since Jun 14, 2024 PDF

The CyberArk Software Ltd. stock price gained 0.214% on the last trading day (Friday, 14th Jun 2024), rising from $251.79 to $252.33. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.48% from a day low at $248.57 to a day high of $254.72. The price has risen in 8 of the last 10 days and is up by 10.07% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 133 thousand more shares were traded than the day before. In total, 606 thousand shares were bought and sold for approximately $152.92 million.

The stockhas broken the wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $250.80, a level that may pose a second chance to hit a runner. According to fan-theory $280.58 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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CYBR Signals & Forecast

The CyberArk Software Ltd. stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $247.49 and $239.48. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, June 10, 2024, and so far it has fallen -0.0515%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for CyberArk Software Ltd. stock

CyberArk Software Ltd. finds support from accumulated volume at $249.70 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $6.16 between high and low, or 2.48%. For the last week, the stock has had daily average volatility of 3.28%.

Our recommended stop-loss: $242.72 (-3.81%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 11 days ago.)

Trading Expectations (CYBR) For The Upcoming Trading Day Of Monday 17th

For the upcoming trading day on Monday, 17th we expect CyberArk Software Ltd. to open at $251.87, and during the day (based on 14 day Average True Range), to move between $245.09 and $259.57, which gives a possible trading interval of +/-$7.24 (+/-2.87%) up or down from last closing price. If CyberArk Software Ltd. takes out the full calculated possible swing range there will be an estimated 5.74% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $252.46 (0.05%) than the support at $249.70 (1.04%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is CyberArk Software Ltd. stock A Buy?

CyberArk Software Ltd. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: -0.122 Hold/Accumulate Upgraded

Predicted Opening Price for CyberArk Software Ltd. of Monday, June 17, 2024

Fair opening price June 17, 2024 Current price
$251.87 ( 0.182%) $252.33

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for CYBR

Fibonacci Support & Resistance Levels

Level Price
R3 258.03 2.26%
R2 255.68 1.33%
R1 254.22 0.750%
Price 252.33
S1 249.52 -1.11%
S2 248.07 -1.69%
S3 245.72 -2.62%

Accumulated Volume Support & Resistance Levels

Level Price
R3 270.12 7.05%
R2 258.98 2.64%
R1 252.46 0.0515%
Price 252.33
S1 249.70 -1.04%
S2 233.54 -7.45%
S3 229.90 -8.89%

FAQ

What is the symbol for CyberArk Software Ltd. Stock and on which exchange is it traded?
The symbol for CyberArk Software Ltd. is CYBR and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell CyberArk Software Ltd. Stock?
CyberArk Software Ltd. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy CyberArk Software Ltd. Stock?
CyberArk Software Ltd. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy CyberArk Software Ltd. Stock.

What's the current price of CyberArk Software Ltd. Stock?
As of the end of day on the Jun 14, 2024, the price of an CyberArk Software Ltd. (CYBR) share was $252.33.

What is the 52-week high and low for CyberArk Software Ltd. Stock?
The 52-week high for CyberArk Software Ltd. Stock is $283.00 and the 52-week low is $142.92.

What is the market capitalization of CyberArk Software Ltd. Stock?
As of the Jun 14, 2024, the market capitalization of CyberArk Software Ltd. is 10.887B.

When is the next earnings date for CyberArk Software Ltd.?
The upcoming earnings date for CyberArk Software Ltd. is Aug 08, 2024.
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About CyberArk Software Ltd.

CyberArk Software Ltd. CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sales software-based security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager that offers risk-based credential security and session management to protect against attacks involving privileged access; Vendor Privileged Access Manager combines Privileged Access Manager and ... CYBR Profile

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