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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Karat Packaging Inc. (NASDAQ:KRT)
Countertrend Up (+85) - KRT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Feb 8th, 2024 at 25.26
The intermediate-term trend has been UP since Jul 16th, 2024 at 29.80
The short-term trend has been DOWN since Jul 18th, 2024 at 29.27
Smart Scan Analysis for KRT
Based on our trend formula, KRT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.42 | 29.72 | 28.85 | 29.49 | +0.60 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28.89 | 36414 | 2024-07-26 15:59:49 |
| 52wk High | 30.9399 | 52wk High Date | 2024-03-04 |
| 52wk Low | 17.23 | 52wk Low Date | 2023-11-10 |
| Average Volume | 45,147 | Shares Outstanding | 19,975 |
| Assets | 279,038,000M | Liabilities | 124,635,000M |
| P/E Ratio | 19.3893 |