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Stock Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

Karat Packaging Inc. (NASDAQ:KRT)

Crossroads (+60) - KRT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid KRT?

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

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

NASDAQ_KRT
Open High Low KRT Price Change
28.690 28.720 28.385 28.650 +0.080
Entry Signal

MarketClub’s Trade Triangles for KRT

long term up The long-term trend has been UP since Feb 8th, 2024 at 25.26

intermediate term down The intermediate-term trend has been DOWN since May 10th, 2024 at 26.27

short term down The short-term trend has been DOWN since Jun 17th, 2024 at 28.03

Smart Scan Analysis for KRT

Based on our trend formula, KRT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for KRT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.690 28.720 28.385 28.650 +0.080
Prev. Close Volume Bid Ask Time
28.570 7028 2024-06-18 10:54:25
52wk High30.939952wk High Date2024-03-04
52wk Low16.952wk Low Date2023-07-06
Average Volume38,857Shares Outstanding19,975
Assets279,038,000MLiabilities124,635,000M
P/E Ratio19.1745
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