Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Ceragon Networks Ltd. - Ordinary Shares (NASDAQ:CRNT)

Long-Term Uptrend (+90) - CRNT is in a strong uptrend that is likely to continue. While CRNT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

NASDAQ_CRNT
Open High Low CRNT Price Change
3.22 3.29 3.19 3.20 -0.02
Entry Signal

MarketClub’s Trade Triangles for CRNT

long term up The long-term trend has been UP since Dec 20th, 2023 at 2.0766

intermediate term up The intermediate-term trend has been UP since Feb 15th, 2024 at 2.6800

short term up The short-term trend has been UP since Mar 21st, 2024 at 3.1100

Smart Scan Analysis for CRNT

Based on our trend formula, CRNT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CRNT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.22 3.29 3.19 3.20 -0.02
Prev. Close Volume Bid Ask Time
3.22 357712 2024-03-28 15:59:57
Year High4.95Year High Date2018-11-13
Year Low1.95Year Low Date2018-02-06
52wk High3.3852wk High Date2024-03-25
52wk Low1.5652wk Low Date2023-10-23
Year End Close4.41Average Volume651,819
Shares Outstanding81,703Short Interest200,116
% Institutional45.7Market Cap209M
Assets298,525,000MLiabilities164,506,000M
Beta1.31Volatility78.2
Get a free daily analysis and signals for Ceragon Networks Ltd. - Ordinary Shares (CRNT) - Request Your Free Report.