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Stock Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Caesarstone Ltd. - Ordinary Shares (NASDAQ:CSTE)
Long-Term Downtrend (-90) - CSTE is in a strong downtrend that is likely to continue. While CSTE 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 CSTE?
MarketClub looks at technical strength and momentum to determine if the timing is right for CSTE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CSTE
The long-term trend has been DOWN since Sep 29th, 2022 at 8.53
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 5.96
The short-term trend has been DOWN since Mar 14th, 2023 at 4.67
Smart Scan Analysis for CSTE
Based on our trend formula, CSTE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.2900 | 4.5336 | 4.2900 | 4.4400 | +0.1900 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.2500 | 36169 | 2023-03-21 13:40:07 |
| Year High | 26.5 | Year High Date | 2018-01-09 |
| Year Low | 12.5 | Year Low Date | 2018-05-11 |
| 52wk High | 11.59 | 52wk High Date | 2022-03-21 |
| 52wk Low | 4.16 | 52wk Low Date | 2023-03-20 |
| Year End Close | 15.9869 | Average Volume | 174,980 |
| Shares Outstanding | 34,437 | Short Interest | 41,090 |
| % Institutional | 48.9 | Market Cap | 517M |
| Assets | 853,379,000M | Liabilities | 354,867,000M |
| P/E Ratio | 11.4865 | Volatility | 52.84 |