KORNIT DIGITAL LTD (KRNT) Stock Technical Analysis
NASDAQ:KRNT - Nasdaq - IL0011216723 - Common Stock - Currency: USD
Taking everything into account, KRNT scores 2 out of 10 in our technical rating. KRNT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
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.
When compared to the yearly performance of all other stocks, KRNT outperforms 45% of them, which is more or less in line with the market.
KRNT is an average performer in the Machinery industry, it outperforms 57% of 129 stocks in the same industry.
In the last month KRNT has a been trading in the 17.18 - 20.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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.
More info and screens
14.91
19.79
We found 3 important support areas.
- Support @17.41 from a horizontal line in the daily time frame.
- A support zone ranging from 16.04 to 16.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.06 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.31 to 19.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.74
Mansfield-1.67
10 Day High20.51
10 Day Low18.06
20 Day High20.51
20 Day Low17.18
52 Week High34.28
52 Week Low13.59
Performance
1 Week2.56%
2 Weeks3.38%
1 Month2.89%
3 Month-30.25%
6 Month-37.96%
12 Month26.98%
2 Year-14.25%
3 Year-54.13%
5 Year-58.82%
10 Year34.9%
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)0.2
RSI(14)51.24
LBB18.32
UBB19.51
19.25
-0.05 (-0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.26%
1 Week2.56%
2 Weeks3.38%
1 Month2.89%
3 Month-30.25%
6 Month-37.96%
12 Month26.98%
2 Year-14.25%
3 Year-54.13%
5 Year-58.82%
10 Year34.9%
15 YearN/A
Volatility
ATR(14)0.81
ATR(20)%4.55%
ATR Inc13.21%
Range Today0.51
ADR(20)0.85
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.74
Mansfield-1.67
10 Day High20.51
10 Day Low18.06
20 Day High20.51
20 Day Low17.18
52 Week High34.28
52 Week Low13.59
CS1 End17.41
CR1 Start19.31
Volume & EV
DER(3)1.51%
DER(5)2.07%
Volume663.50K
Volume Incr51.53%
Vol(5)351.84K
Vol(50)289.99K