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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Caesarstone Ltd. - Ordinary Shares (NASDAQ:CSTE)
Sidelines Mode (+55) - CSTE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CSTE?
MarketClub looks at technical strength and momentum to determine if the timing is right for CSTE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CSTE
The long-term trend has been UP since Feb 27th, 2024 at 4.50
The intermediate-term trend has been UP since Apr 8th, 2024 at 4.25
The short-term trend has been DOWN since May 8th, 2024 at 6.30
Smart Scan Analysis for CSTE
Based on our trend formula, CSTE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.55 | 6.55 | 5.45 | 5.91 | -0.70 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.94 | 415242 | 2024-05-08 15:59:45 |
| Year High | 26.5 | Year High Date | 2018-01-09 |
| Year Low | 12.5 | Year Low Date | 2018-05-11 |
| 52wk High | 6.81 | 52wk High Date | 2024-04-24 |
| 52wk Low | 3.5002 | 52wk Low Date | 2023-12-15 |
| Year End Close | 15.9869 | Average Volume | 127,260 |
| Shares Outstanding | 34,437 | Short Interest | 41,090 |
| % Institutional | 48.9 | Market Cap | 517M |
| Assets | 579,855,000M | Liabilities | 259,209,000M |
| P/E Ratio | 12.7027 | Volatility | 52.84 |