NASDAQ
Ceragon Networks Ltd has been moving sideways between $1.70 and $2.87 since 17 Sept 2023.
Since 2019, NasdaqScan has found 3 sideways ranges in CRNT. Completed ranges lasted 616 days on average, from 469 to 763 days. Of those 2, 2 broke downward. The current range is 69% wide from low to high. NasdaqScan detected one breakout pattern in Ceragon Networks Ltd, on 14 Jul 2019 after 245 days of sideways movement.
Charts are only kept for recent breakouts, so there is no chart for this signal.
| Range | Formed | Ended | How it ended | Breakout signals |
|---|---|---|---|---|
| $1.70 – $2.87 | 17 Sept 2023 | Still sideways | — | — |
| $2.11 – $6.90 | 12 Sept 2021 | 15 Oct 2023 (763 days) | Broke below the range at $2.0766 | — |
| $3.4192 – $4.95 | 5 May 2019 | 16 Aug 2020 (469 days) | Broke below the range at $2.94 | 14 Jul 2019 (Go ahead) |
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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.