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Stock Trend Analysis Report

Prepared for you on Sunday, March 26, 2023.

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
1.61 1.64 1.60 1.63 0.00
Entry Signal

MarketClub’s Trade Triangles for CRNT

long term down The long-term trend has been DOWN since Mar 2nd, 2023 at 1.79

intermediate term down The intermediate-term trend has been DOWN since Feb 8th, 2023 at 2.00

short term down The short-term trend has been DOWN since Feb 8th, 2023 at 2.12

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
1.61 1.64 1.60 1.63 0.00
Prev. Close Volume Bid Ask Time
1.63 59108 2023-03-24 15:59:54
Year High4.95Year High Date2018-11-13
Year Low1.95Year Low Date2018-02-06
52wk High2.8752wk High Date2022-08-03
52wk Low1.5352wk Low Date2022-05-12
Year End Close4.41Average Volume160,755
Shares Outstanding81,703Short Interest200,116
% Institutional45.7Market Cap209M
Assets302,336,000MLiabilities169,579,000M
Beta1.31Volatility78.2
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