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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Kornit Digital Ltd. - Ordinary Shares (NASDAQ:KRNT)

Long-Term Downtrend (-90) - KRNT is in a strong downtrend that is likely to continue. While KRNT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid KRNT?

MarketClub looks at technical strength and momentum to determine if the timing is right for KRNT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_KRNT
Open High Low KRNT Price Change
17.470 17.900 17.445 17.690 +0.260
Entry Signal

MarketClub’s Trade Triangles for KRNT

long term down The long-term trend has been DOWN since Sep 6th, 2023 at 20.995

intermediate term down The intermediate-term trend has been DOWN since Mar 14th, 2024 at 16.980

short term down The short-term trend has been DOWN since Mar 26th, 2024 at 17.680

Smart Scan Analysis for KRNT

Based on our trend formula, KRNT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for KRNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.470 17.900 17.445 17.690 +0.260
Prev. Close Volume Bid Ask Time
17.430 141204 2024-03-28 11:47:23
Year High23.8995Year High Date2018-11-15
Year Low11.7Year Low Date2018-02-14
52wk High31.9452wk High Date2023-07-18
52wk Low13.2952wk Low Date2023-10-26
Average Volume515,055Shares Outstanding45,989
Market Cap1,275MAssets898,107,000M
Liabilities77,410,000MP/E Ratio-72.64100000
Volatility63.96
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