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Stock Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

Ceragon Networks Ltd. - Ordinary Shares (NASDAQ:CRNT)

Long-Term Downtrend (-90) - CRNT is in a strong downtrend that is likely to continue. While CRNT 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 CRNT?

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

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

NASDAQ_CRNT
Open High Low CRNT Price Change
2.460 2.520 2.380 2.435 -0.045
Entry Signal

MarketClub’s Trade Triangles for CRNT

long term down The long-term trend has been DOWN since Jun 11th, 2024 at 2.520

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2024 at 2.678

short term down The short-term trend has been DOWN since Jun 21st, 2024 at 2.420

Smart Scan Analysis for CRNT

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

-90
Smart Scan Analysis for CRNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.460 2.520 2.380 2.435 -0.045
Prev. Close Volume Bid Ask Time
2.480 718769 2024-06-24 15:58:19
Year High4.95Year High Date2018-11-13
Year Low1.95Year Low Date2018-02-06
52wk High3.3852wk High Date2024-03-25
52wk Low1.5652wk Low Date2023-10-23
Year End Close4.41Average Volume273,044
Shares Outstanding81,703Short Interest200,116
% Institutional45.7Market Cap209M
Assets286,379,000MLiabilities151,362,000M
P/E Ratio35.4286Beta1.31
Volatility78.2
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