KARAT PACKAGING INC (KRT) Stock Technical Analysis
NASDAQ:KRT - Nasdaq - US48563L1017 - Common Stock - Currency: USD
Overall KRT gets a technical rating of 7 out of 10. Although KRT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
KRT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so KRT is performing more or less in line with the market.
KRT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that KRT is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
KRT is part of the Trading Companies & Distributors industry. There are 49 other stocks in this industry, KRT did better than 62% of them.
Besides having an excellent technical rating, KRT also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 32.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.89, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
23.60
32.76
We found 4 important support areas.
- A support zone ranging from 30.78 to 30.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.91 from a trend line in the weekly time frame.
- Support @24.23 from a horizontal line in the daily time frame.
- Support @23.84 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.44 to 32.44. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for KRT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KRT is neutral. |
| ChartMill Relative Strength | 73.68 | POSITIVE | KRT has a high relative strength, it outperformed 73.68% 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) | UP | POSITIVE | The current price of KRT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.97 | NEUTRAL | The RSI value for KRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests KRT has a negative trend. |
| Stochastics (14,3) | 49.44 | NEUTRAL | The Stochastics value for KRT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.9 | MEDIUM VOLATILITY | The ATR as a percentage value for KRT suggests some volalility. |
| Average Directional Index/ADX (14) | 20.5 | NEUTRAL | The ADX value for KRT suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.45 | 30.77 | 1.68 (5.18%) | 19.32% |
| An entry @32.45. This is a Buy Stop order right above the resistance zone. | An exit @30.77. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.68 points, which is 5.18%. | For a 1.00% total portfolio risk, you can invest 19.32% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:KRT (6/6/2025, 3:35:07 PM)
31.51
+0.61 (+1.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg1.97%
1 Week-2.08%
2 Weeks0.23%
1 Month15.04%
3 Month3.52%
6 Month-0.99%
12 Month14.02%
2 Year69.32%
3 Year81.13%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.05
ATR(20)%3.9%
ATR Inc46.47%
Range Today0.83
ADR(20)1.09
ADR(20)%3.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.68
Mansfield0.49
10 Day High32.68
10 Day Low29.61
20 Day High32.68
20 Day Low26.93
52 Week High33.89
52 Week Low23
CS1 End30.89
CR1 Start32.44
Volume & EV
DER(3)-1.38%
DER(5)-0.45%
Volume39.94K
Volume Incr-21.28%
Vol(5)49.48K
Vol(50)51.49K