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Stock Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

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

Bull Market Weakness (+75) - CRNT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CRNT as it may be in the beginning stages of a reversal.

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
1.8900 1.9200 1.8435 1.9000 +0.0300
Entry Signal

MarketClub’s Trade Triangles for CRNT

long term down The long-term trend has been DOWN since Sep 7th, 2023 at 1.790

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2023 at 1.830

short term up The short-term trend has been UP since Nov 27th, 2023 at 1.845

Smart Scan Analysis for CRNT

Based on our trend formula, CRNT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CRNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8900 1.9200 1.8435 1.9000 +0.0300
Prev. Close Volume Bid Ask Time
1.9200 181698 2023-11-28 15:59:56
Year High4.95Year High Date2018-11-13
Year Low1.95Year Low Date2018-02-06
52wk High2.3852wk High Date2023-07-12
52wk Low1.5552wk Low Date2023-03-17
Year End Close4.41Average Volume243,684
Shares Outstanding81,703Short Interest200,116
% Institutional45.7Market Cap209M
Assets294,464,000MLiabilities168,082,000M
Beta1.31Volatility78.2
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