What Does the Chart Say Wednesday?

Kornit Digital Ltd. stock has seen a recent decline. KRNT receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Kornit Digital Ltd is showing a Bearish sentiment. Discover what it means to you, and see the rest rankings at KRNT.

What is stock sentiment?

Sentiment is an entirely technical, short-term indicator. Our sentiment score does not provide any information on the profitability or health of the company.

As a technical indication, news about a stock or company such as releasing earnings or another event could move the counter of the stock to the current trend.

Price movement is usually the best indicator for sentiment. Investors must be confident about a stock for it to rise. A stock in a downtrend is also out of favor.

InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Volume increases can indicate a trend strengthening while volume decreases could signal an impending reversal.

The options market can also provide signals on sentiment. We consider the ratios of calls to puts when options are available.

What is the current KRNT stock price?

Kornit Digital Ltd (KRNT) stock is higher by 4.12% while the S&P 500 is lower by -0.38% as of 3:18 PM on Wednesday, Apr 26. KRNT gained $0.67 over the previous closing price at $16.28. Volume of 312,954 share has increased. Over the past year the S&P 500 is down -5.58% while KRNT is lower by -75.82%. KRNT has lost -$1.59 in the past 12 months.

To see InvestorsObserver’s Click here to see the Sentiment Score of Kornit Digital Ltd.

Learn More About Kornit Digital Ltd

Kornit Digital Ltd is a digital printing solution provider for the global printed fabric industry. The company concentrates on the DTG segment and DTF segment of the printed fabric industry. Its solutions consist of digital printing systems and ink, as well other consumables. They also include software and value-added service. It offers a wide range of digital printing solutions that are differentiated for the DTG industry. These solutions provide answers to the challenges faced by the participants in the global textile printed market. It earns revenue through the sale of ink, systems and other consumables as well as services including subscriptions to software.

Click here to see the full stock report of Kornit Digital Ltd.