Caesarstone had a rough day and is now down -5.93%. Investors weren't too impressed with the future outlook for the Building Materials company which caused some selling on weak demand.
Currently CSTE isn't at a clear support/resistance line that seems tradable. Caesarstone has been drifting up over the last few months, we'll see if it has the energy to keep moving in the right direction. CSTE might find some support at the 0.58 level, buyers might push the price back up from here. But it's not very clear what will happen.
| Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Building Materials | 22 | -1.05636 | -3.16455 | 2.22 | 4.68273 | -4.29227 | -3.84727 | 42.0455 | -7.13227 | -6.245 | -8.18727 | -9486.58 | -6130.39 | 0 | 6.8182 | 3.61251 | 0.622727 |
| Basic Materials | 119 | -0.211597 | -0.794286 | 4.96345 | 0.781176 | 1.19958 | 30.8865 | 51.5126 | 0.099076 | 4.32756 | 8.53933 | -7137.61 | -9804.32 | 8.8235 | 6.3025 | 3.51954 | 0.342941 |