CERAGON NETWORKS LTD (CRNT)
IL0010851660 - Common Stock
Overall CRNT gets a technical rating of 8 out of 10. In the last year, CRNT was one of the better performers, but we do observe some doubts in the very recent evolution.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that CRNT is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, CRNT also shows a nice and consistent pattern of rising prices.
CRNT is one of the better performing stocks in the Communications Equipment industry, it outperforms 92% of 54 stocks in the same industry.
CRNT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CRNT is performing more or less in line with the market.
In the last month CRNT has a been trading in the 2.68 - 3.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although CRNT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.65
3.07
3 important support areas can be observed.
- A support zone ranging from 2.80 to 2.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.69 to 2.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.67 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.66
Mansfield2.39
10 Day High3.09
10 Day Low2.68
20 Day High3.25
20 Day Low2.68
52 Week High3.38
52 Week Low1.56
Performance
1 Week10.14%
2 Weeks11.36%
1 Month-4.7%
3 Month25.1%
6 Month66.12%
12 Month71.75%
2 Year71.75%
3 Year-8.98%
5 Year9.75%
10 Year31.03%
15 Year-50.89%
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)59.47
LBB2.62
UBB2.95
CERAGON NETWORKS LTD
NASDAQ:CRNT (5/3/2024, 7:00:01 PM)
After market: 3.07 +0.03 (+0.99%)3.04
+0.18 (+6.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg6.29%
1 Week10.14%
2 Weeks11.36%
1 Month-4.7%
3 Month25.1%
6 Month66.12%
12 Month71.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.12
ATR(20)%4.12%
ATR Inc
Range Today0.19
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.09
10 Day Low2.68
20 Day High3.25
20 Day Low2.68
52 Week High3.38
52 Week Low1.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume952.40K
Volume Incr12.41%
Vol(5)446.60K
Vol(50)545.92K