CERAGON NETWORKS LTD (CRNT) Stock Technical Analysis
NASDAQ:CRNT - Nasdaq - IL0010851660 - Common Stock - Currency: USD
Taking everything into account, CRNT scores 4 out of 10 in our technical rating. In the past year, CRNT was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
CRNT is part of the Communications Equipment industry. There are 48 other stocks in this industry, of which 78% are performing better than CRNT.
CRNT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
When compared to the yearly performance of all other stocks, CRNT outperforms 45% of them, which is more or less in line with the market.
In the last month CRNT has a been trading in the 2.21 - 2.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, CRNT does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 2.61. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.10
2.66
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.35 to 2.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.27 from a horizontal line in the daily time frame.
- A support zone ranging from 2.23 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.12 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.61 to 2.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CRNT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CRNT is neutral. |
| ChartMill Relative Strength | 45.13 | NEUTRAL | CRNT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CRNT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CRNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.94 | NEUTRAL | The RSI value for CRNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CRNT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.28 | NEUTRAL | The Stochastics value for CRNT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.92 | MEDIUM VOLATILITY | The ATR as a percentage value for CRNT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.8 | NEGATIVE | The low ADX value for CRNT suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:CRNT (7/14/2025, 11:17:05 AM)
2.45
-0.01 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.41%
1 Week-5.38%
2 Weeks-0.81%
1 Month2.5%
3 Month17.14%
6 Month-48.86%
12 Month-6.46%
2 Year21.78%
3 Year-5.38%
5 Year-6.11%
10 Year98.39%
15 Year-67.29%
Volatility
ATR(14)0.1
ATR(20)%3.92%
ATR Inc-0.63%
Range Today0.05
ADR(20)0.09
ADR(20)%3.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.13
Mansfield-2.43
10 Day High2.64
10 Day Low2.4
20 Day High2.64
20 Day Low2.21
52 Week High5.73
52 Week Low1.95
CS1 End2.38
CR1 Start2.61
Volume & EV
DER(3)-3.69%
DER(5)-5.55%
Volume118.46K
Volume Incr21.57%
Vol(5)866.04K
Vol(50)740.22K