CRNT NEWS why is Ceragon Networks Ltd. price falling or rising

CRNT NEWS reasons for why stock price of Ceragon Networks Ltd. is falling or rising

CRNT Ceragon Networks is falling or rising technical reasons

Technical analysis forecast of Ceragon Networks Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Ceragon Networks CRNT at this time. Stock is rising and might rise more.

It appears as if Ceragon Networks CRNT gave a large move recently.

Stock of Ceragon Networks (CRNT) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Ceragon Networks is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 4.8 as stoploss in an intra day sell trade for a target of 4.11. However, stock will show a bullish move above 4.8.

CRNT Ceragon Networks is falling or rising NEWS fundamental reasons

More announcements and NEWS

CRNT Ceragon Networks Ltd. current price & indicator signals

Moving Averages for Ceragon Networks Ltd.

  • 5Day Average: 4.44
  • 12Day Average: 4.56
  • 20Day Average: 4.1
  • 50Day Average: 3.17
  • 100Day Average: 2.97
  • 150Day Average: 2.84
  • 200Day Average: 2.87

CRNT Indicators & signals

Indicator MACD (12,26,9)

4.36, 3.92, 0.47
Indicator MACD is in positive zone

Indicator ADX (14)

12.5, 30, 23.33
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 65
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CRNT Ceragon Networks Ltd. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Mon Dec 2024 4.66 4.43 to 4.73 6.15% 0.74 times
20 Fri Dec 2024 4.39 4.22 to 4.44 2.09% 0.45 times
19 Thu Dec 2024 4.30 4.20 to 4.47 -0.23% 0.78 times
18 Wed Dec 2024 4.31 4.28 to 4.65 -5.07% 0.72 times
17 Tue Dec 2024 4.54 4.39 to 4.71 -3.4% 0.82 times
16 Mon Dec 2024 4.70 4.67 to 4.98 -1.88% 1.2 times
13 Fri Dec 2024 4.79 4.68 to 4.94 1.05% 0.63 times
12 Thu Dec 2024 4.74 4.73 to 4.97 -3.46% 0.74 times
11 Wed Dec 2024 4.91 4.56 to 4.99 9.11% 1.64 times
10 Tue Dec 2024 4.50 4.32 to 4.94 -4.66% 1.15 times
09 Mon Dec 2024 4.72 4.41 to 5.00 14.56% 1.88 times
26 Tue Nov 2024 4.12 3.86 to 4.15 0% 1.02 times

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