Overall KRNT gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. KRNT was also a bad performer in the overall market in the last year.
KRNT has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.34
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.19 to 14.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.47 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @15.60 from a horizontal line in the daily time frame.
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 KRNT is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KRNT is up. |
| ChartMill Relative Strength | 14.54 | NEGATIVE | KRNT has a low relative strength, it was outperformed by 85.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KRNT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KRNT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KRNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.13 | NEUTRAL | The RSI value for KRNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests KRNT has a positive trend. |
| Stochastics (14,3) | 81.88 | OVERBOUGHT | The high Stochastics value suggests KRNT may be overbought. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for KRNT suggests some volalility. |
| Average Directional Index/ADX (14) | 24.23 | NEUTRAL | The ADX value for KRNT suggests a possible start of a new trend. |
15.16
+0.46 (+3.13%)
KORNIT DIGITAL LTD / KRNT FAQ
Can you provide the ChartMill technical rating for KORNIT DIGITAL LTD?
ChartMill assigns a technical rating of 4 / 10 to KRNT.
What is the trend direction for KRNT stock?
The current trend direction for KORNIT DIGITAL LTD (KRNT) is Bearish.
Can you provide the RSI signal for KORNIT DIGITAL LTD?
KORNIT DIGITAL LTD (KRNT) has an RSI value of 67.1279. This indicates that the stock is currently neutral.
Can you provide the short term momentum for KORNIT DIGITAL LTD?
The short term momentum for KORNIT DIGITAL LTD (KRNT) is positive.
Can you provide the buy/sell signal for KORNIT DIGITAL LTD?
The buy/sell signal for KORNIT DIGITAL LTD (KRNT) is hold as the short term and long term trends are mixed.