$FTNT
$CYBR
$PANW
$QLYS
CyberArk Software shares are making a big move on the stock market today as the Security-Software industry group rallies. Late Monday, group peer Fortinet (NASDAQ:FTNT) posted its biggest quarterly billings growth since its IPO in 2009. Fortinet has an IBD Composite Rating of 84 out of 99, and it gapped up to a new high on Tuesday.
CyberArk (NASDAQ:CYBR) has a 99 Composite Rating. It also gapped up on Tuesday, clearing a 63.08 buy point from a cup-with-handle base.
Palo Alto Networks (NYSE:PANW) and Qualys (NASDAQ:QLYS) also have 99 Composite Ratings. Palo Alto shares hit a new high, while Qualys is trading about 3% below a high set earlier this month.
Watch this video for IBD chart analysis of CyberArk. Is the stock still in buy range?
Follow Alissa Williams on Twitter: @IBD_AWilliams
Read More At Investor's Business Daily: http://news.investors.com/technology/042115-748847-cyberark-stock-breaks-out-security-software-group-rally.htm#ixzz3Y0O8n9ZU
Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook
No comments:
Post a Comment