Meanwhile, Cantor Fitzgerald initiated its Camtek Ltd [CAMT] rating to a Neutral in a research note published on January 13, 2025; the price target was $100. A number of analysts have revised their coverage, including Northland Capital’s analysts, who increased its forecast for the stock in early August from “a Market perform” to “an Outperform”. Northland Capital also remained covering CAMT and has decreased its forecast on May 16, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. Jefferies started covering the stock on May 13, 2024. It rated CAMT as “a Buy”.
Price Performance Review of CAMT
On Tuesday, Camtek Ltd [NASDAQ:CAMT] saw its stock fall -0.85% to $68.61. Over the last five days, the stock has gained 1.98%. Camtek Ltd shares have fallen nearly -15.06% since the year began. Nevertheless, the stocks have fallen -25.11% over the past one year. While a 52-week high of $140.50 was reached on 01/22/25, a 52-week low of $47.41 was recorded on 04/04/25. SMA at 50 days reached $63.58, while 200 days put it at $78.77.
Levels Of Support And Resistance For CAMT Stock
The 24-hour chart illustrates a support level at 65.61, which if violated will result in even more drops to 62.61. On the upside, there is a resistance level at 70.40. A further resistance level may holdings at 72.19. The Relative Strength Index (RSI) on the 14-day chart is 56.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.36%. Stochastics %K at 69.97% indicates the stock is a holding.
The most recent change occurred on April 16, 2024 when Evercore ISI began covering the stock and recommended ‘”an Outperform”‘ rating along with a $100 price target.
