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KRNT stock – Kornit Digital Ltd sideways range & retest history

NASDAQ

On the weekly chart, KRNT has been moving sideways between $13.29 and $31.69 since 18 Jun 2023.

Since 2020, NasdaqScan has found 2 sideways ranges in KRNT. The completed range lasted 1337 days. It broke downward. The latest retest signal NasdaqScan detected in KRNT was in the week of 19 Mar 2023, below the earlier $63.52 – $125.00 range.

The pattern: price breaks out below a long sideways range, the pullback back into the range fails, and price comes back to retest the low. Traders also call this a spring. NasdaqScan flags the weekly candle that makes the retest.

Weekly chart: each candle is one week of trading, and every date on this page is the week it falls in.

Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.

Sideways ranges

RangeStartedEndedHow it endedRetest signals (week of)
18 Jun 2023Open——
25 Oct 202023 Jun 2024 (1337 days)Broke below the range at $16.0519 Mar 2023 (BO accepted)

Retest signals detected

  • Week of 19 Mar 2023: retest of the low after a breakout below a sideways range, 875 days after the range began (BO accepted)

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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.

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