CRNT - Ceragon Networks Ltd.

Industry: Communication Equipment Sector: Technology Exchange: NASDAQ

CRNT - Ceragon Networks Ltd.

Industry: Communication Equipment Sector: Technology Exchange: NASDAQ

Fri 19'th Oct 2018

PERIOD 2018-07-20 - 2018-10-19
CHANGE 0.00%
PRICE $3.44





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Ceragon Networks Ltd. Stock Analysis

Technical stock analysis for Fri 19'th Oct 2018

Buy candidate since 2018-10-19
Shorts 0.67% ( 2018-09-28 )
Cash 62.3 mill
Loans n/a
Beta 0.72
ROA 6.26

No changes to the price of Ceragon Networks Ltd. in the last trading day. The price has fallen in 5 of the last 10 days , but is still up by 7.17% over the past 2 weeks.


Ceragon Networks Ltd. lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -16.06% during the next 3 months and, with 90% probability hold a price between $2.08 and $3.10 at the end of this period.

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Ceragon Networks Ltd. holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $3.36 and $3.13. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday October 18, 2018, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point".

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Relative Strength Index (RSI)

RSI14 is 55 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

Ceragon Networks Ltd. finds support from accumulated volume at $3.37.

Support: $3.37 Price: $3.44 Resistance: $3.62


This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.10 between high and low, or 2.93%. For the last week the stock has had a daily average volatility of 7.17%.

Our recommended stoploss: $3.21 (-6.71%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High


Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Buy Candidate.

Buy Candidate

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CRNT $3.44 $0.00(0.00%)
CRNT is down $0.00 today, but where's it headed in November?
Zacks Investment Research is releasing its prediction for CRNT based on the 1-3 month system that more than doubles the S&P 500.

Click here – the CRNT analysis is free »

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