KORNIT DIGITAL LTD (KRNT)

IL0011216723 - Common Stock

15.88  +0.67 (+4.4%)

After market: 15.88 0 (0%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to KRNT. KRNT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, KRNT is a bad performer in the overall market: 74% of all stocks are doing better.
KRNT is one of the lesser performing stocks in the Machinery industry. 63% of 132 stocks in the same industry do better.
KRNT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so KRNT is lagging the market.
In the last month KRNT has a been trading in the 15.18 - 18.53 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
KRNT Weekly chart
KRNT Daily chart
Setup Rating and Analysis

3

The technical rating of KRNT is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

15.72

28.74

When analyzing the resistance we notice 6 important areas.

  • A resistance zone ranging from 15.89 to 16.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 16.86 to 17.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @18.82 from a trend line in the daily time frame.
  • Resistance @19.47 from a horizontal line in the daily time frame.
  • Resistance @20.28 from a horizontal line in the daily time frame.
  • Resistance @28.46 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.28
Mansfield-3.05
10 Day High16.14
10 Day Low15.18
20 Day High18.53
20 Day Low15.18
52 Week High31.94
52 Week Low13.29
Performance
1 Week2.58%
2 Weeks-0.13%
1 Month-12.36%
3 Month-1.73%
6 Month15.91%
12 Month-13.03%
2 Year-76.12%
3 Year-83.76%
5 Year-44.92%
10 YearN/A
15 YearN/A
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
RSI(14)43.93
LBB15.11
UBB16.64
KRNT Daily chart

KORNIT DIGITAL LTD

NASDAQ:KRNT (4/26/2024, 7:00:17 PM)

After market: 15.88 0 (0%)

15.88

+0.67 (+4.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg4.4%
1 Week2.58%
2 Weeks-0.13%
1 Month-12.36%
3 Month-1.73%
6 Month15.91%
12 Month-13.03%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.58
ATR(20)%4.2%
ATR Inc
Range Today0.62
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 High16.14
10 Day Low15.18
20 Day High18.53
20 Day Low15.18
52 Week High31.94
52 Week Low13.29
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume122.30K
Volume Incr-40.54%
Vol(5)225.42K
Vol(50)443.30K