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Kornit Digital Ltd
Buy, Hold or Sell?

Let's analyze Kornit together

I guess you are interested in Kornit Digital Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Kornit Digital Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of Kornit (30 sec.)










1.2. What can you expect buying and holding a share of Kornit? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€15.03
Expected worth in 1 year
€14.93
How sure are you?
55.0%

+ What do you gain per year?

Total Gains per Share
€-0.10
Return On Investment
-0.5%

For what price can you sell your share?

Current Price per Share
€22.60
Expected price per share
€18.22 - €28.53
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Kornit (5 min.)




Live pricePrice per Share (EOD)
€22.60
Intrinsic Value Per Share
€-4.74 - €-5.39
Total Value Per Share
€10.29 - €9.64

2.2. Growth of Kornit (5 min.)




Is Kornit growing?

Current yearPrevious yearGrowGrow %
How rich?$785.1m$862.5m-$66.1m-8.3%

How much money is Kornit making?

Current yearPrevious yearGrowGrow %
Making money-$12.2m-$21.9m$9.6m78.1%
Net Profit Margin-23.6%-37.4%--

How much money comes from the company's main activities?

2.3. Financial Health of Kornit (5 min.)




2.4. Comparing to competitors in the Specialty Industrial Machinery industry (5 min.)




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#157 / 732

Most Revenue
#454 / 732

Most Profit
#695 / 732

Most Efficient
#673 / 732
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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Kornit?

Welcome investor! Kornit's management wants to use your money to grow the business. In return you get a share of Kornit.

First you should know what it really means to hold a share of Kornit. And how you can make/lose money.

Speculation

The Price per Share of Kornit is €22.60. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Kornit.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Kornit, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €15.03. Based on the TTM, the Book Value Change Per Share is €-0.03 per quarter. Based on the YOY, the Book Value Change Per Share is €-0.36 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Kornit.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps-0.10-0.5%-0.26-1.1%-0.42-1.8%-0.14-0.6%-0.14-0.6%
Usd Book Value Change Per Share0.080.4%-0.03-0.1%-0.39-1.7%0.833.7%0.833.7%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.080.4%-0.03-0.1%-0.39-1.7%0.833.7%0.833.7%
Usd Price Per Share14.72-17.44-25.33-52.72-52.72-
Price to Earnings Ratio-35.65--22.36--17.56-137.64-137.64-
Price-to-Total Gains Ratio184.13--216.60--75.08-44.71-44.71-
Price to Book Ratio0.89-1.05-1.47-4.31-4.31-
Price-to-Total Gains Ratio184.13--216.60--75.08-44.71-44.71-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share24.82158
Number of shares40
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.030.83
Usd Total Gains Per Share-0.030.83
Gains per Quarter (40 shares)-1.1433.02
Gains per Year (40 shares)-4.55132.10
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-5-150132122
20-9-200264254
30-14-250396386
40-18-300528518
50-23-350660650
60-27-400793782
70-32-450925914
80-36-50010571046
90-41-55011891178
100-46-60013211310

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%2.010.00.016.7%8.012.00.040.0%8.012.00.040.0%8.012.00.040.0%
Book Value Change Per Share2.02.00.050.0%4.08.00.033.3%11.09.00.055.0%11.09.00.055.0%11.09.00.055.0%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.020.00.0%0.00.020.00.0%
Total Gains per Share2.02.00.050.0%4.08.00.033.3%11.09.00.055.0%11.09.00.055.0%11.09.00.055.0%
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3.2. Key Performance Indicators

The key performance indicators of Kornit Digital Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.073-0.026+136%-0.359+593%0.752-90%0.752-90%
Book Value Per Share--15.03415.0910%15.718-4%12.547+20%12.547+20%
Current Ratio--13.84411.938+16%8.442+64%8.120+71%8.120+71%
Debt To Asset Ratio--0.0710.077-7%0.099-28%0.122-41%0.122-41%
Debt To Equity Ratio--0.0770.083-8%0.109-30%0.141-45%0.141-45%
Dividend Per Share----0%-0%-0%-0%
Eps---0.094-0.234+149%-0.378+303%-0.124+32%-0.124+32%
Free Cash Flow Per Share--0.058-0.005+108%-0.401+788%-0.096+265%-0.096+265%
Free Cash Flow To Equity Per Share--0.028-0.218+891%-0.531+2026%0.369-93%0.369-93%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---5.392--------
Intrinsic Value_10Y_min---4.741--------
Intrinsic Value_1Y_max---0.701--------
Intrinsic Value_1Y_min---0.689--------
Intrinsic Value_3Y_max---1.985--------
Intrinsic Value_3Y_min---1.897--------
Intrinsic Value_5Y_max---3.120--------
Intrinsic Value_5Y_min---2.906--------
Market Cap1074672940.000+41%637195460.000763504058.410-17%1152377233.845-45%2306996131.071-72%2306996131.071-72%
Net Profit Margin---0.101-0.236+134%-0.374+270%-0.139+37%-0.139+37%
Operating Margin----0%-0.2410%-0.0760%-0.0760%
Operating Ratio--1.7621.997-12%2.049-14%1.775-1%1.775-1%
Pb Ratio1.503+41%0.8911.052-15%1.467-39%4.309-79%4.309-79%
Pe Ratio-60.123-69%-35.648-22.357-37%-17.558-51%137.642-126%137.642-126%
Price Per Share22.600+41%13.40015.880-16%23.065-42%48.004-72%48.004-72%
Price To Free Cash Flow Ratio96.927+41%57.47060.751-5%-22.049+138%85.321-33%85.321-33%
Price To Total Gains Ratio310.544+41%184.128-216.597+218%-75.081+141%44.707+312%44.707+312%
Quick Ratio--11.0869.110+22%4.622+140%5.021+121%5.021+121%
Return On Assets---0.006-0.014+146%-0.023+294%-0.007+23%-0.007+23%
Return On Equity---0.006-0.015+147%-0.025+305%-0.008+23%-0.008+23%
Total Gains Per Share--0.073-0.026+136%-0.359+593%0.752-90%0.752-90%
Usd Book Value--785187176.781796399737.407-1%862511604.286-9%669246400.546+17%669246400.546+17%
Usd Book Value Change Per Share--0.080-0.028+136%-0.394+593%0.826-90%0.826-90%
Usd Book Value Per Share--16.51216.5750%17.263-4%13.780+20%13.780+20%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.103-0.257+149%-0.416+303%-0.136+32%-0.136+32%
Usd Free Cash Flow--3044337.682-321430.071+111%-22018709.669+823%-4887186.757+261%-4887186.757+261%
Usd Free Cash Flow Per Share--0.064-0.005+108%-0.441+788%-0.106+265%-0.106+265%
Usd Free Cash Flow To Equity Per Share--0.030-0.240+891%-0.583+2026%0.405-93%0.405-93%
Usd Market Cap1180313290.002+41%699831773.718838556507.352-17%1265655915.932-45%2533773850.755-72%2533773850.755-72%
Usd Price Per Share24.822+41%14.71717.441-16%25.332-42%52.723-72%52.723-72%
Usd Profit---4907932.243-12298074.464+151%-21907233.921+346%-6972683.042+42%-6972683.042+42%
Usd Revenue--48610424.44652040178.278-7%58503772.076-17%59829633.625-19%59829633.625-19%
Usd Total Gains Per Share--0.080-0.028+136%-0.394+593%0.826-90%0.826-90%
 EOD+5 -3MRQTTM+25 -7YOY+24 -85Y+22 -1010Y+22 -10

3.3 Fundamental Score

Let's check the fundamental score of Kornit Digital Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-60.123
Price to Book Ratio (EOD)Between0-11.503
Net Profit Margin (MRQ)Greater than0-0.101
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than111.086
Current Ratio (MRQ)Greater than113.844
Debt to Asset Ratio (MRQ)Less than10.071
Debt to Equity Ratio (MRQ)Less than10.077
Return on Equity (MRQ)Greater than0.15-0.006
Return on Assets (MRQ)Greater than0.05-0.006
Total4/10 (40.0%)

3.4 Technical Score

Let's check the technical score of Kornit Digital Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.534
Ma 20Greater thanMa 5021.890
Ma 50Greater thanMa 10018.234
Ma 100Greater thanMa 20015.890
OpenGreater thanClose22.600
Total4/5 (80.0%)

4. In-depth Analysis

4.1 About Kornit Digital Ltd

Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. Its solutions include digital printing systems, ink and other consumables, associated software, and value-added services. The company's products and services include direct-to-garment printing platform for smaller industrial operators to mass producers; NeoPigment ink and other consumables; QuickP designer software; and system upgrade kits, maintenance and support, consulting, and professional services. It serves decorators, online businesses, brand owners, and contract printers. Kornit Digital Ltd. was incorporated in 2002 and is headquartered in Rosh Haayin, Israel.

Fundamental data was last updated by Penke on 2024-09-18 15:07:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is overpriced.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Kornit earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Kornit to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of -10.1% means that €-0.10 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Kornit Digital Ltd:

  • The MRQ is -10.1%. The company is making a huge loss. -2
  • The TTM is -23.6%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-10.1%TTM-23.6%+13.5%
TTM-23.6%YOY-37.4%+13.7%
TTM-23.6%5Y-13.9%-9.8%
5Y-13.9%10Y-13.9%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-10.1%5.9%-16.0%
TTM-23.6%5.1%-28.7%
YOY-37.4%5.3%-42.7%
5Y-13.9%4.6%-18.5%
10Y-13.9%4.9%-18.8%
4.3.1.2. Return on Assets

Shows how efficient Kornit is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Kornit to the Specialty Industrial Machinery industry mean.
  • -0.6% Return on Assets means that Kornit generated €-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Kornit Digital Ltd:

  • The MRQ is -0.6%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.4%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.6%TTM-1.4%+0.8%
TTM-1.4%YOY-2.3%+0.9%
TTM-1.4%5Y-0.7%-0.7%
5Y-0.7%10Y-0.7%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.6%1.1%-1.7%
TTM-1.4%1.1%-2.5%
YOY-2.3%1.1%-3.4%
5Y-0.7%1.0%-1.7%
10Y-0.7%1.1%-1.8%
4.3.1.3. Return on Equity

Shows how efficient Kornit is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Kornit to the Specialty Industrial Machinery industry mean.
  • -0.6% Return on Equity means Kornit generated €-0.01 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Kornit Digital Ltd:

  • The MRQ is -0.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -1.5%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.6%TTM-1.5%+0.9%
TTM-1.5%YOY-2.5%+1.0%
TTM-1.5%5Y-0.8%-0.8%
5Y-0.8%10Y-0.8%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.6%2.5%-3.1%
TTM-1.5%2.1%-3.6%
YOY-2.5%2.3%-4.8%
5Y-0.8%1.9%-2.7%
10Y-0.8%2.2%-3.0%
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4.3.2. Operating Efficiency of Kornit Digital Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Kornit is operating .

  • Measures how much profit Kornit makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Kornit to the Specialty Industrial Machinery industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Kornit Digital Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-24.1%+24.1%
TTM-5Y-7.6%+7.6%
5Y-7.6%10Y-7.6%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.0%-9.0%
TTM-5.5%-5.5%
YOY-24.1%6.1%-30.2%
5Y-7.6%5.5%-13.1%
10Y-7.6%5.2%-12.8%
4.3.2.2. Operating Ratio

Measures how efficient Kornit is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 1.76 means that the operating costs are €1.76 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Kornit Digital Ltd:

  • The MRQ is 1.762. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.997. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.762TTM1.997-0.236
TTM1.997YOY2.049-0.052
TTM1.9975Y1.775+0.222
5Y1.77510Y1.7750.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7621.517+0.245
TTM1.9971.494+0.503
YOY2.0491.502+0.547
5Y1.7751.467+0.308
10Y1.7751.255+0.520
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4.4.3. Liquidity of Kornit Digital Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Kornit is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A Current Ratio of 13.84 means the company has €13.84 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Kornit Digital Ltd:

  • The MRQ is 13.844. The company is very able to pay all its short-term debts. +2
  • The TTM is 11.938. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ13.844TTM11.938+1.906
TTM11.938YOY8.442+3.497
TTM11.9385Y8.120+3.819
5Y8.12010Y8.1200.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ13.8441.699+12.145
TTM11.9381.699+10.239
YOY8.4421.688+6.754
5Y8.1201.727+6.393
10Y8.1201.666+6.454
4.4.3.2. Quick Ratio

Measures if Kornit is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Kornit to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 11.09 means the company can pay off €11.09 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Kornit Digital Ltd:

  • The MRQ is 11.086. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 9.110. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ11.086TTM9.110+1.976
TTM9.110YOY4.622+4.488
TTM9.1105Y5.021+4.089
5Y5.02110Y5.0210.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ11.0860.707+10.379
TTM9.1100.759+8.351
YOY4.6220.845+3.777
5Y5.0210.913+4.108
10Y5.0210.934+4.087
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4.5.4. Solvency of Kornit Digital Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Kornit assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Kornit to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.07 means that Kornit assets are financed with 7.1% credit (debt) and the remaining percentage (100% - 7.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Kornit Digital Ltd:

  • The MRQ is 0.071. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.077. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.071TTM0.077-0.006
TTM0.077YOY0.099-0.022
TTM0.0775Y0.122-0.045
5Y0.12210Y0.1220.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0710.493-0.422
TTM0.0770.491-0.414
YOY0.0990.506-0.407
5Y0.1220.502-0.380
10Y0.1220.495-0.373
4.5.4.2. Debt to Equity Ratio

Measures if Kornit is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Kornit to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 7.7% means that company has €0.08 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Kornit Digital Ltd:

  • The MRQ is 0.077. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.083. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.077TTM0.083-0.006
TTM0.083YOY0.109-0.026
TTM0.0835Y0.141-0.057
5Y0.14110Y0.1410.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0770.974-0.897
TTM0.0830.966-0.883
YOY0.1091.039-0.930
5Y0.1411.057-0.916
10Y0.1411.035-0.894
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Kornit generates.

  • Above 15 is considered overpriced but always compare Kornit to the Specialty Industrial Machinery industry mean.
  • A PE ratio of -35.65 means the investor is paying €-35.65 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Kornit Digital Ltd:

  • The EOD is -60.123. Based on the earnings, the company is expensive. -2
  • The MRQ is -35.648. Based on the earnings, the company is expensive. -2
  • The TTM is -22.357. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-60.123MRQ-35.648-24.475
MRQ-35.648TTM-22.357-13.291
TTM-22.357YOY-17.558-4.799
TTM-22.3575Y137.642-159.999
5Y137.64210Y137.6420.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD-60.12317.944-78.067
MRQ-35.64817.099-52.747
TTM-22.35718.855-41.212
YOY-17.55817.342-34.900
5Y137.64221.875+115.767
10Y137.64226.717+110.925
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Kornit Digital Ltd:

  • The EOD is 96.927. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 57.470. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 60.751. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD96.927MRQ57.470+39.457
MRQ57.470TTM60.751-3.281
TTM60.751YOY-22.049+82.800
TTM60.7515Y85.321-24.570
5Y85.32110Y85.3210.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD96.9275.776+91.151
MRQ57.4705.052+52.418
TTM60.7512.371+58.380
YOY-22.0491.394-23.443
5Y85.3211.527+83.794
10Y85.3211.233+84.088
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Kornit is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 0.89 means the investor is paying €0.89 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Kornit Digital Ltd:

  • The EOD is 1.503. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.891. Based on the equity, the company is cheap. +2
  • The TTM is 1.052. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.503MRQ0.891+0.612
MRQ0.891TTM1.052-0.161
TTM1.052YOY1.467-0.415
TTM1.0525Y4.309-3.257
5Y4.30910Y4.3090.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD1.5032.122-0.619
MRQ0.8911.973-1.082
TTM1.0522.167-1.115
YOY1.4672.174-0.707
5Y4.3092.480+1.829
10Y4.3092.836+1.473
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2024-06-30. Currency in USD. All numbers in thousands.

Summary
Total Assets845,760
Total Liabilities60,402
Total Stockholder Equity785,358
 As reported
Total Liabilities 60,402
Total Stockholder Equity+ 785,358
Total Assets = 845,760

Assets

Total Assets845,760
Total Current Assets603,157
Long-term Assets242,603
Total Current Assets
Cash And Cash Equivalents 22,522
Short-term Investments 403,517
Net Receivables 79,461
Inventory 70,595
Total Current Assets  (as reported)603,157
Total Current Assets  (calculated)576,095
+/- 27,062
Long-term Assets
Property Plant Equipment 67,407
Goodwill 29,164
Long Term Investments 128,396
Intangible Assets 6,623
Long-term Assets Other 10,727
Long-term Assets  (as reported)242,603
Long-term Assets  (calculated)242,317
+/- 286

Liabilities & Shareholders' Equity

Total Current Liabilities43,567
Long-term Liabilities16,835
Total Stockholder Equity785,358
Total Current Liabilities
Accounts payable 4,794
Total Current Liabilities  (as reported)43,567
Total Current Liabilities  (calculated)4,794
+/- 38,773
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt18,946
Long-term Liabilities  (as reported)16,835
Long-term Liabilities  (calculated)18,946
+/- 2,111
Total Stockholder Equity
Total Stockholder Equity (as reported)785,358
Total Stockholder Equity (calculated)0
+/- 785,358
Other
Common Stock Shares Outstanding 47,552
Net Working Capital 559,590
Property Plant and Equipment Gross 67,407



6.2. Balance Sheets Structured

Currency in USD. All numbers in thousands.

 Trend2024-06-302024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-30
> Total Assets 
382,233
405,466
397,340
391,726
590,270
628,989
633,460
651,574
678,181
1,042,256
1,026,086
1,007,380
1,004,183
957,666
947,057
919,783
898,107
865,580
842,992
845,760
845,760842,992865,580898,107919,783947,057957,6661,004,1831,007,3801,026,0861,042,256678,181651,574633,460628,989590,270391,726397,340405,466382,233
   > Total Current Assets 
298,493
253,282
253,032
253,544
450,659
477,530
476,970
482,702
480,049
775,343
685,445
641,918
621,530
578,839
565,832
559,128
546,111
522,387
549,674
603,157
603,157549,674522,387546,111559,128565,832578,839621,530641,918685,445775,343480,049482,702476,970477,530450,659253,544253,032253,282298,493
       Cash And Cash Equivalents 
94,670
40,743
63,477
47,448
283,680
125,777
94,171
92,568
96,668
611,551
77,284
196,611
66,693
104,597
352,950
101,322
76,288
39,605
6,501
22,522
22,5226,50139,60576,288101,322352,950104,59766,693196,61177,284611,55196,66892,56894,171125,777283,68047,44863,47740,74394,670
       Short-term Investments 
119,140
127,567
102,238
116,257
62,531
238,522
269,495
264,216
267,023
37,284
439,750
281,789
380,730
295,413
26,049
262,561
270,069
292,892
367,398
403,517
403,517367,398292,892270,069262,56126,049295,413380,730281,789439,75037,284267,023264,216269,495238,52262,531116,257102,238127,567119,140
       Net Receivables 
44,854
47,495
40,718
47,713
58,180
60,744
60,554
73,365
61,014
63,174
97,051
73,621
81,884
67,360
72,968
107,036
93,137
93,632
80,727
79,461
79,46180,72793,63293,137107,03672,96867,36081,88473,62197,05163,17461,01473,36560,55460,74458,18047,71340,71847,49544,854
       Inventory 
34,407
37,477
46,599
42,126
46,268
52,487
52,750
52,553
55,344
63,017
71,360
89,580
92,223
89,415
92,727
88,209
83,111
67,712
67,016
70,595
70,59567,01667,71283,11188,20992,72789,41592,22389,58071,36063,01755,34452,55352,75052,48746,26842,12646,59937,47734,407
   > Long-term Assets 
83,740
152,184
144,308
138,182
139,611
151,459
156,490
168,872
198,132
265,744
340,641
365,462
382,653
378,827
381,225
360,655
351,996
343,193
293,318
242,603
242,603293,318343,193351,996360,655381,225378,827382,653365,462340,641265,744198,132168,872156,490151,459139,611138,182144,308152,18483,740
       Property Plant Equipment 
30,368
40,295
44,961
47,041
47,681
50,308
52,027
55,201
60,523
70,201
75,800
81,847
80,421
87,602
90,627
86,902
84,014
74,687
70,296
67,407
67,40770,29674,68784,01486,90290,62787,60280,42181,84775,80070,20160,52355,20152,02750,30847,68147,04144,96140,29530,368
       Goodwill 
5,564
5,564
5,564
5,564
13,629
16,466
16,466
16,463
25,447
25,447
25,447
29,164
29,163
29,164
29,164
29,164
29,164
29,164
29,164
29,164
29,16429,16429,16429,16429,16429,16429,16429,16329,16425,44725,44725,44716,46316,46616,46613,6295,5645,5645,5645,564
       Long Term Investments 
36,549
95,393
81,828
73,687
59,057
71,636
74,986
85,039
93,816
149,269
216,856
226,173
242,348
245,970
244,946
227,798
222,285
223,203
177,518
128,396
128,396177,518223,203222,285227,798244,946245,970242,348226,173216,856149,26993,81685,03974,98671,63659,05773,68781,82895,39336,549
       Intangible Assets 
2,239
2,494
2,380
2,132
11,474
7,221
6,809
6,399
10,479
10,063
9,535
11,271
10,494
9,890
9,233
8,707
8,165
7,647
7,134
6,623
6,6237,1347,6478,1658,7079,2339,89010,49411,2719,53510,06310,4796,3996,8097,22111,4742,1322,3802,4942,239
       Other Assets 
9,020
8,438
9,575
9,758
7,770
5,828
6,202
5,770
7,867
10,552
13,003
17,007
20,227
6,201
0
8,084
0
0
0
0
00008,08406,20120,22717,00713,00310,5527,8675,7706,2025,8287,7709,7589,5758,4389,020
> Total Liabilities 
52,319
67,163
65,745
57,237
82,684
109,972
103,168
104,204
113,046
122,703
105,005
100,964
108,644
88,844
94,027
86,377
77,410
69,913
58,422
60,402
60,40258,42269,91377,41086,37794,02788,844108,644100,964105,005122,703113,046104,204103,168109,97282,68457,23765,74567,16352,319
   > Total Current Liabilities 
38,653
45,577
44,005
35,892
61,933
89,627
83,921
84,097
91,164
96,676
76,698
75,282
84,826
65,370
66,459
61,644
54,458
50,102
40,853
43,567
43,56740,85350,10254,45861,64466,45965,37084,82675,28276,69896,67691,16484,09783,92189,62761,93335,89244,00545,57738,653
       Accounts payable 
17,335
23,449
22,969
13,021
24,812
32,016
26,517
31,357
30,630
46,448
34,267
30,788
24,038
14,833
11,837
11,550
9,626
6,936
2,949
4,794
4,7942,9496,9369,62611,55011,83714,83324,03830,78834,26746,44830,63031,35726,51732,01624,81213,02122,96923,44917,335
       Other Current Liabilities 
8,760
4,842
8,561
9,375
19,794
30,197
37,114
32,907
33,835
11,219
21,576
24,059
39,263
8,316
0
29,034
0
3,646
0
0
003,646029,03408,31639,26324,05921,57611,21933,83532,90737,11430,19719,7949,3758,5614,8428,760
   > Long-term Liabilities 
13,666
21,586
21,740
21,345
20,751
20,345
19,247
20,107
21,882
24,646
28,307
25,682
23,818
23,474
27,568
24,733
22,952
19,811
17,569
16,835
16,83517,56919,81122,95224,73327,56823,47423,81825,68228,30724,64621,88220,10719,24720,34520,75121,34521,74021,58613,666
       Capital Lease Obligations Min Short Term Debt
14,774
23,133
23,293
23,137
22,164
22,645
21,055
21,456
23,317
26,958
30,783
27,604
26,713
26,024
30,338
27,794
26,150
23,606
20,085
18,946
18,94620,08523,60626,15027,79430,33826,02426,71327,60430,78326,95823,31721,45621,05522,64522,16423,13723,29323,13314,774
       Long-term Liabilities Other 
1,333
1,320
1,190
1,177
1,368
443
742
1,243
1,699
1,203
1,519
1,932
886
1,216
856
526
272
198
112
138
1381121982725268561,2168861,9321,5191,2031,6991,2437424431,3681,1771,1901,3201,333
> Total Stockholder Equity
329,914
338,303
331,595
334,489
507,586
519,017
530,292
547,370
565,135
919,553
921,081
906,416
895,539
868,822
853,030
833,406
820,697
795,667
784,570
785,358
785,358784,570795,667820,697833,406853,030868,822895,539906,416921,081919,553565,135547,370530,292519,017507,586334,489331,595338,303329,914
   Common Stock
329,914
105
331,595
106
507,586
121
530,292
547,370
123
133
921,081
134
895,539
134
0
833,406
0
0
0
0
0000833,4060134895,539134921,081133123547,370530,292121507,586106331,595105329,914
   Retained Earnings Total Equity00000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
0
843
0
2,802
0
2,733
0
0
1,600
571
0
-11,533
0
-17,424
0
0
0
0
0
0
000000-17,4240-11,53305711,600002,73302,80208430



6.3. Balance Sheets

Currency in USD. All numbers in thousands.




6.4. Cash Flows

Currency in USD. All numbers in thousands.




6.5. Income Statements

Currency in USD. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2023-12-31. Currency in USD. All numbers in thousands.

Gross Profit (+$)
totalRevenue219,786
Cost of Revenue-152,829
Gross Profit66,95766,957
 
Operating Income (+$)
Gross Profit66,957
Operating Expense-307,317
Operating Income-87,531-240,360
 
Operating Expense (+$)
Research Development50,060
Selling General Administrative104,428
Selling And Marketing Expenses-
Operating Expense307,317154,488
 
Net Interest Income (+$)
Interest Income27,589
Interest Expense--
Other Finance Cost-236
Net Interest Income27,353
 
Pretax Income (+$)
Operating Income-87,531
Net Interest Income27,353
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-63,381-84,328
EBIT - interestExpense = 0
-64,351
-64,351
Interest Expense-
Earnings Before Interest and Taxes (EBIT)--63,381
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-63,381
Tax Provision-970
Net Income From Continuing Ops-64,351-64,351
Net Income-64,351
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-3,203-27,353
 

Technical Analysis of Kornit
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Kornit. The general trend of Kornit is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Kornit's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Kornit Digital Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 25.28 < 28.53.

The bearish price targets are: 20.46 > 19.66 > 18.22.

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Kornit Digital Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Kornit Digital Ltd. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Kornit Digital Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Kornit Digital Ltd. The current macd is 1.52786876.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Kornit price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Kornit. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Kornit price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Kornit Digital Ltd Daily Moving Average Convergence/Divergence (MACD) ChartKornit Digital Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Kornit Digital Ltd. The current adx is 42.52.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Kornit shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Kornit Digital Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Kornit Digital Ltd. The current sar is 22.51.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Kornit Digital Ltd Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Kornit Digital Ltd. The current rsi is 61.53. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Kornit Digital Ltd Daily Relative Strength Index (RSI) ChartKornit Digital Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Kornit Digital Ltd. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Kornit price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Kornit Digital Ltd Daily Stochastic Oscillator ChartKornit Digital Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Kornit Digital Ltd. The current cci is 49.37.

Kornit Digital Ltd Daily Commodity Channel Index (CCI) ChartKornit Digital Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Kornit Digital Ltd. The current cmo is 13.17.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Kornit Digital Ltd Daily Chande Momentum Oscillator (CMO) ChartKornit Digital Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Kornit Digital Ltd. The current willr is -57.14285714.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Kornit is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Kornit Digital Ltd Daily Williams %R ChartKornit Digital Ltd Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Kornit Digital Ltd.

Kornit Digital Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Kornit Digital Ltd. The current atr is 0.58043376.

Kornit Digital Ltd Daily Average True Range (ATR) ChartKornit Digital Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Kornit Digital Ltd. The current obv is 12,442.

Kornit Digital Ltd Daily On-Balance Volume (OBV) ChartKornit Digital Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Kornit Digital Ltd. The current mfi is 33.70.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Kornit Digital Ltd Daily Money Flow Index (MFI) ChartKornit Digital Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Kornit Digital Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-05-29 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-06-06 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-06-07 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-10 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-11 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-17 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-18 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-19 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-21 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-25 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-26 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-02 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-03 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-04 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-07-08 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-09 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-10 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-12 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-16 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-23 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-24 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-07-25 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-26 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-29 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-30 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-31 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-08-02 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-05 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-08 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-08-15 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-16 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-08-23 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-27 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-29 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-30 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-02 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-03 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-04 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-05 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-09-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-09 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-10 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-11 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-12 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-17 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-19 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-23 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-24 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-25 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-26 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-27 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-09-30 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-01 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-10-03 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-10-04 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-07 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-08 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

Kornit Digital Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Kornit Digital Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.534
Ma 20Greater thanMa 5021.890
Ma 50Greater thanMa 10018.234
Ma 100Greater thanMa 20015.890
OpenGreater thanClose22.600
Total4/5 (80.0%)
Penke
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