CRNT - Channels Channels with the vertical lines being the middle point
Recovery movement back up to the previous resistance
I have tried to show this move with the bars pattern tool
0.07USD
6.22 MUSD
347.18 MUSD
70.12 M
About Ceragon Networks Ltd.
Sector
Industry
CEO
Doron Ovadia Arazi
Website
Headquarters
Rosh Haayin
Employees (FY)
1.41 K
Founded
1996
ISIN
IL0010851660
FIGI
BBG000D0SHJ6
Ceragon Networks Ltd. engages in the provision of wireless backhaul and fronthaul solutions. Its products include IP-50, IP-20, IP-20 Assured, Pointlink Stabilized Platforms, and Network & Service Management. The company was founded on July 23, 1996 and is headquartered in Tel Aviv, Israel.
BUY CRNT - TAKE PROFIT AROUND 6,25+ USDTBUY CRNT - TAKE PROFIT AROUND 6,25+ USDT
It has a very good starting point at this point to start growing.
Long CRNTCRNT hit the textbook 50% fib retracement buy zone. Because it is a pretty volatile stock, I like to use the 78.6% retracement as the stop loss to give the trade more room to be right. That would mean putting on a smaller position to take on the added risk from a wider stop.
NOTE: Earnings are soon
CRNTFloat: 63 mil
Volume: 10 mil
Turnover rate: 1/6
Comment:
So overall the stcks volume has been picking up which is good. Basically the demand for the stock is rising but the supply is at the same. Slow RSI at 27 very low for this stock, it is creating a cup but we could se a handle or a run up. But
Long CRNT- Another stock sponsored by Katie WoodsAnother Israeli company traded on the crack, similar to its companies recently, is also flourishing in its field after none other than the fund manager Ark decided to invest in the company
Ceragon Networks deals with the 5G world and everything around it, without a doubt it has more to grow in this
CRNTCRNT focuses on 5g technology, with Huawei getting booted off the 5g plan, there is much more room for growth.
Breakout of bullish flag. Opened my position today. ARK is invested in this company, and the fact that the chart looks bullish is very convincing that this will go up. Earnings are coming up, and Expect this to go higher with good earnings expected. 5G boom is here.
CRNT: Bullish FlagBullish Flag
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 16
200MA ascending slowly
250RSI above 50
If confirmed:
PT = 8.85$
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Frequently Asked Questions
The current price of CRNT is 2.70 USD — it has decreased by 3.23% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NASDAQ exchange Ceragon Networks Ltd. stocks are traded under the ticker CRNT.
Ceragon Networks Ltd. is going to release the next earnings report on Apr 29, 2024. Keep track of upcoming events with our Earnings Calendar.
CRNT stock is 3.33% volatile and has beta coefficient of 0.83. Check out the list of the most volatile stocks — is Ceragon Networks Ltd. there?
One year price forecast for Ceragon Networks Ltd. has a max estimate of 5.25 USD and a min estimate of 5.25 USD.
CRNT earnings for the last quarter are 0.06 USD whereas the estimation was 0.05 USD which accounts for 20.00% surprise. Estimated earnings for the next quarter are 0.02 USD. See more details about Ceragon Networks Ltd. earnings.
Ceragon Networks Ltd. revenue for the last quarter amounts to 87.26 M USD despite the estimated figure of 84.53 M USD. In the next quarter revenue is expected to reach 84.78 M USD.
Yes, you can track Ceragon Networks Ltd. financials in yearly and quarterly reports right on TradingView.
CRNT stock has fallen by 10.30% compared to the previous week, the month change is a 11.18% fall, over the last year Ceragon Networks Ltd. has showed a 47.54% increase.
CRNT net income for the last quarter is −1.20 M USD, while the quarter before that showed 3.37 M USD of net income which accounts for −135.73% change. Track more Ceragon Networks Ltd. financial stats to get the full picture.
Today Ceragon Networks Ltd. has the market capitalization of 231.00 M, it has increased by 2.91% over the last week.
No, CRNT doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, CRNT shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Ceragon Networks Ltd. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 19, 2024, the company has 1.41 K employees. See our rating of the largest employees — is Ceragon Networks Ltd. on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Ceragon Networks Ltd. technincal analysis shows the sell today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Ceragon Networks Ltd. stock shows the buy signal. See more of Ceragon Networks Ltd. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on Ceragon Networks Ltd. future price: according to them, CRNT price has a max estimate of 5.25 USD and a min estimate of 5.25 USD. Read a more detailed Ceragon Networks Ltd. forecast: see what analysts think of Ceragon Networks Ltd. and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Ceragon Networks Ltd. EBITDA is 33.19 M USD, and current EBITDA margin is 9.56%. See more stats in Ceragon Networks Ltd. financial statements.