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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Kornit Digital Ltd. - Ordinary Shares (NASDAQ:KRNT)
Crossroads (+60) - KRNT 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 KRNT?
MarketClub looks at technical strength and momentum to determine if the timing is right for KRNT.
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 KRNT
The long-term trend has been DOWN since Sep 6th, 2023 at 20.995
The intermediate-term trend has been UP since May 6th, 2024 at 16.510
The short-term trend has been UP since May 3rd, 2024 at 15.940
Smart Scan Analysis for KRNT
Based on our trend formula, KRNT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.440 | 16.950 | 16.200 | 16.695 | +0.315 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.670 | 265061 | 2024-05-07 15:59:35 |
| Year High | 23.8995 | Year High Date | 2018-11-15 |
| Year Low | 11.7 | Year Low Date | 2018-02-14 |
| 52wk High | 31.94 | 52wk High Date | 2023-07-18 |
| 52wk Low | 13.29 | 52wk Low Date | 2023-10-26 |
| Average Volume | 212,844 | Shares Outstanding | 45,989 |
| Market Cap | 1,275M | Assets | 865,580,000M |
| Liabilities | 69,913,000M | P/E Ratio | -72.64100000 |
| Volatility | 63.96 |