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Stock Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
Karat Packaging Inc. (NASDAQ:KRT)
Long-Term Downtrend (-90) - KRT is in a strong downtrend that is likely to continue. While KRT 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 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.
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MarketClub’s Trade Triangles for KRT
The long-term trend has been DOWN since May 5th, 2021 at 17.60
The intermediate-term trend has been DOWN since May 5th, 2021 at 17.60
The short-term trend has been DOWN since May 13th, 2021 at 17.75
Smart Scan Analysis for KRT
Based on our trend formula, KRT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.0100 | 17.2942 | 17.0231 | 17.2600 | +0.0600 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.3700 | 4685 | 2021-05-17 15:56:31 |
| 52wk High | 20 | 52wk High Date | 2021-04-15 |
| 52wk Low | 15.56 | 52wk Low Date | 2021-05-13 |
| Average Volume | 56,358 | Shares Outstanding | 19,117 |