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Stock Trend Analysis Report

Prepared for you on Friday, September 29, 2023.

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.

Open High Low KRT Price Change
22.0200 22.3500 21.6384 22.2950 +0.3150
Entry Signal

MarketClub’s Trade Triangles for KRT

long term up The long-term trend has been UP since Jun 2nd, 2023 at 16.23

intermediate term down The intermediate-term trend has been DOWN since Sep 8th, 2023 at 22.31

short term down The short-term trend has been DOWN since Sep 29th, 2023 at 21.73

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).

Smart Scan Analysis for KRT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.0200 22.3500 21.6384 22.2950 +0.3150
Prev. Close Volume Bid Ask Time
21.9800 41628 2023-09-29 12:36:52
52wk High26.6952wk High Date2023-09-01
52wk Low12.552wk Low Date2022-12-16
Average Volume132,754Shares Outstanding19,888
P/E Ratio14.4605
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