During the fast-paced Lightning Round segment of Mad Money callers get to ask Jim Cramer about stocks they are interested in. On Tuesday night a caller wanted to know about CyberArk Software (CYBR) . "People like some other cybersecurity stocks more but this one is still good," said Cramer.
Let's check out the charts.
In the daily bar chart of CYBR, below, we can see that the shares have traded sideways since early May but there has been some quiet improvement. Prices are above the rising 50-day moving average line and testing the bottoming 200-day moving average line.
The On-Balance-Volume (OBV) line has followed prices sideways but with a slight upward bias. The Moving Average Convergence Divergence (MACD) oscillator just turned up for a fresh outright buy signal.