Stock Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
Kornit Digital Ltd (NASDAQ:KRNT)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for KRNT
The long term trend has been UP since Nov 14th, 2018 at 22.2000
The intermediate term trend has been DOWN since Dec 7th, 2018 at 18.5000
The short term trend has been DOWN since Dec 4th, 2018 at 21.7803
Smart Scan Analysis for KRNT
Based on a pre-defined weighted trend formula for chart analysis, KRNT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||23.8995||Year High Date||2018-11-15|
|Year Low||11.7||Year Low Date||2018-02-14|
|52wk High||23.8995||52wk High Date||2018-11-15|
|52wk Low||11.7||52wk Low Date||2018-02-14|