22.695 USD
+0.71 (+3.21%)
22.25 USD
-0.45 (-1.96%)
Overall KRT gets a technical rating of 1 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.
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.
85% 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.
In the last month KRT has a been trading in the 20.61 - 22.80 range, which is quite wide. It is currently trading near the high of this range.
KRT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
20.84
30.62
2 important support areas can be observed.
- Support @22.63 from a trend line in the weekly time frame.
- A support zone ranging from 21.05 to 21.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @23.86 from a trend line in the daily time frame.
- A resistance zone ranging from 25.52 to 25.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @30.32 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 | DOWN | NEGATIVE | The long term trend for KRT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for KRT is neutral. |
| ChartMill Relative Strength | 15.93 | NEGATIVE | KRT has a low relative strength, it was outperformed by 84.07% 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) | 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) | 53.23 | NEUTRAL | The RSI value for KRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests KRT has a positive trend. |
| Stochastics (14,3) | 74.84 | NEUTRAL | The Stochastics value for KRT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for KRT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.59 | 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)
22.695
+0.71 (+3.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg3.21%
1 Week1.14%
2 Weeks3.72%
1 Month3.58%
3 Month-5.24%
6 Month-14.16%
12 Month-30.04%
2 Year-8.67%
3 Year57.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%2.65%
ATR Inc23.04%
Range Today0.93
ADR(20)0.57
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.93
3 months CRS27.85
6 months CRS15.44
Mansfield-2.55
10 Day High22.8
10 Day Low21.6
20 Day High22.8
20 Day Low20.61
52 Week High33.89
52 Week Low20.61
CS1 End22.63
CR1 Start23.86
Volume & EV
DER(3)2.57%
DER(5)0.89%
Volume97.10K
Volume Incr-34.94%
Vol(5)100.48K
Vol(50)128.91K
KARAT PACKAGING INC / KRT FAQ
Can you provide the ChartMill technical rating for KARAT PACKAGING INC?
ChartMill assigns a technical rating of 1 / 10 to KRT.
Can you provide the trend direction for KARAT PACKAGING INC?
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 53.2325. This indicates that the stock is currently neutral.
Can you provide the short term momentum for KARAT PACKAGING INC?
The short term momentum for KARAT PACKAGING INC (KRT) is neutral.