24.89 USD
+0.63 (+2.6%)
24.89 USD
0 (0%)
Overall KRT 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. KRT was also a bad performer in the overall market in the last year.
79% of all other stocks performed better in the past year than KRT.
KRT is part of the Trading Companies & Distributors industry. There are 50 other stocks in this industry, of which 73% are performing better than KRT.
KRT 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month KRT has a been trading in the 22.07 - 24.94 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
KRT has an average technical rating and it also 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
22.15
31.10
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.19 to 23.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.37 to 22.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- Resistance @25.67 from a horizontal line in the daily time frame.
- Resistance @30.79 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for KRT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for KRT is up. |
| ChartMill Relative Strength | 21.69 | NEGATIVE | KRT has a low relative strength, it was outperformed by 78.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of KRT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of KRT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KRT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.91 | OVERBOUGHT | The high RSI value suggests KRT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests KRT has a positive trend. |
| Stochastics (14,3) | 94.82 | OVERBOUGHT | The high Stochastics value suggests KRT may be overbought. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for KRT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.59 | NEGATIVE | The low ADX value for KRT 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)
24.89
+0.63 (+2.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg2.6%
1 Week9.02%
2 Weeks9.12%
1 Month8.45%
3 Month-1.03%
6 Month-11.04%
12 Month-15.86%
2 Year3.19%
3 Year65.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%2.36%
ATR Inc15.2%
Range Today0.84
ADR(20)0.58
ADR(20)%2.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.69
3 months CRS35.27
6 months CRS20.16
Mansfield-1.63
10 Day High24.94
10 Day Low22.26
20 Day High24.94
20 Day Low22.07
52 Week High33.89
52 Week Low20.61
CS1 End23.47
CR1 Start25.67
Volume & EV
DER(3)-1.7%
DER(5)-2.05%
Volume85.70K
Volume Incr5.06%
Vol(5)86.82K
Vol(50)114.36K
KARAT PACKAGING INC / KRT FAQ
Can you provide the ChartMill technical rating for KARAT PACKAGING INC?
ChartMill assigns a technical rating of 4 / 10 to KRT.
What is the trend direction for KRT stock?
The current trend direction for KARAT PACKAGING INC (KRT) is Bearish.
What is the RSI signal for KARAT PACKAGING INC (KRT) stock?
KARAT PACKAGING INC (KRT) has an RSI value of 71.9078. This indicates that the stock is currently overbought.
What is the MACD signal for KARAT PACKAGING INC (KRT) stock?
The MACD indicator for KARAT PACKAGING INC (KRT) has a value of 0.208558, indicating a bearish trend.