Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
Caesarstone Ltd. - Ordinary Shares (NASDAQ:CSTE)
Bull Market Weakness (+75) - CSTE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CSTE as it may be in the beginning stages of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CSTE
The long-term trend has been DOWN since Aug 24th, 2023 at 4.21
The intermediate-term trend has been UP since Nov 6th, 2023 at 4.26
The short-term trend has been UP since Nov 28th, 2023 at 4.00
Smart Scan Analysis for CSTE
Based on our trend formula, CSTE is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.1500 | 4.2751 | 4.0950 | 4.2100 | +0.0300 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.2300 | 9431 | 2023-12-08 15:59:07 |
| Year High | 26.5 | Year High Date | 2018-01-09 |
| Year Low | 12.5 | Year Low Date | 2018-05-11 |
| 52wk High | 6.55 | 52wk High Date | 2023-01-13 |
| 52wk Low | 3.51 | 52wk Low Date | 2023-04-20 |
| Year End Close | 15.9869 | Average Volume | 38,863 |
| Shares Outstanding | 34,437 | Short Interest | 41,090 |
| % Institutional | 48.9 | Market Cap | 517M |
| Assets | 637,774,000M | Liabilities | 268,478,000M |
| P/E Ratio | 12.7027 | Volatility | 52.84 |