KARAT PACKAGING INC (KRT) Stock Technical Analysis
NASDAQ:KRT - US48563L1017 - Common Stock
25.49 USD
-0.18 (-0.7%)
25.49 USD
0 (0%)
Overall KRT gets a technical rating of 0 out of 10. KRT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
82% of all other stocks performed better in the past year than KRT.
KRT is one of the lesser performing stocks in the Trading Companies & Distributors industry. 83% of 50 stocks in the same industry do better.
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.
KRT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Although the technical rating is bad, KRT does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 25.46, a Stop Loss order could be placed below this zone.
More info and screens
24.15
31.68
We found 2 important support areas.
- A support zone ranging from 25.06 to 25.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 24.39 to 24.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @25.61 from a trend line in the daily time frame.
- A resistance zone ranging from 29.13 to 29.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @31.37 from a trend 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 KRT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KRT is down. |
| ChartMill Relative Strength | 18.53 | NEGATIVE | KRT has a low relative strength, it was outperformed by 81.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of KRT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KRT is below a declining 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) | 45.29 | NEUTRAL | The RSI value for KRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests KRT has a positive trend. |
| Stochastics (14,3) | 44.36 | NEUTRAL | The Stochastics value for KRT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for KRT suggests some volalility. |
| Average Directional Index/ADX (14) | 25.05 | POSITIVE | The high ADX value value for KRT suggests a strong 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)
25.49
-0.18 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-0.7%
1 Week-0.59%
2 Weeks2.12%
1 Month-4.67%
3 Month-18.35%
6 Month-14.61%
12 Month5.16%
2 Year10.54%
3 Year59.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%2.71%
ATR Inc18.69%
Range Today0.6
ADR(20)0.65
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.53
Mansfield-1.78
10 Day High25.88
10 Day Low24.8
20 Day High26.75
20 Day Low24.55
52 Week High33.89
52 Week Low23
CS1 End25.46
CR1 Start25.61
Volume & EV
DER(3)1.08%
DER(5)-0.78%
Volume61.30K
Volume Incr-21.44%
Vol(5)64.40K
Vol(50)75.60K