Barchart.com's Chart of the Day - Kornit Digital
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 KRNT - Kornit Digital Ord
SymLastChgPct
KRNT96.90-1.05-1.07%

The Barchart Chart of the Day belongs to the printing machinery company Kornit Digital (KRNT).   I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. After I sorted for the most frequent number of new highs in the last month, I used the Flipchart feature to review the charts for consistent prices appreciation. Since the Trend Spotter signaled a buy on 9/28 the stock gained 28.82%

   Kornit Digital, Ltd. is engaged in developing, manufacturing and marketing industrial and commercial printing solutions. The company offers a portfolio of direct to garment printers from entry level to mass production; NeoPigment ink solutions; roll to roll printers and pretereatment systems and software for the garment and textile printing industry. Kornit Digital, Ltd. is headquartered in Rosh-Ha`Ayin, Israel. 

KRNT

 

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 100% technical buy signals
  • 100.20+ Weighted Alpha
  • 150.43% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 19.86% in the last month
  • Relative Strength Index 66.13%
  • Technical support level at 81.01
  • Recently traded at 80.69 with a 50 day moving average of 68.20

Fundamental factors:

  • Market Cap $3.42 billion
  • Revenue expected to grow 2.30% this year and another 38.60% next year
  • Earnings estimated to increase 423.50% next year and continue to compound at an annual rate of 52.20% for he next 5 years
  • Wall Street analysts issued 3 strong buy, 3 buy and 1 hold recommendation on the stock
  • The individual investors following the stock on Motley Fool voted 9 to 1 that the stock will beat the market
  • 1,900 investors are monitoring the stock on Seeking Alpha