CLOUDFLARE INC - CLASS A (NET)

US18915M1071 - Common Stock

67.69  -0.29 (-0.43%)

After market: 67.82 +0.13 (+0.19%)

Technical Rating and Analysis

0

Taking everything into account, NET scores 0 out of 10 in our technical rating. NET's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
84% of all other stocks performed better in the past year than NET.
NET is part of the IT Services industry. There are 84 other stocks in this industry, of which 63% are performing better than NET.
NET is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NET has a been trading in the 66.38 - 78.92 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
NET has an average volume of 3215420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
NET Weekly chart
NET Daily chart
Setup Rating and Analysis

1

The technical rating of NET is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

67.01

86.80

We can see 3 important resistance areas.

  • A resistance zone ranging from 75.23 to 75.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @77.58 from a trend line in the daily time frame.
  • A resistance zone ranging from 84.64 to 85.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.96
Mansfield-1.95
10 Day High76.35
10 Day Low66.38
20 Day High78.92
20 Day Low66.38
52 Week High116
52 Week Low53.88
Performance
1 Week-8.05%
2 Weeks-9.91%
1 Month-23.92%
3 Month-32.26%
6 Month-14.08%
12 Month-4.18%
2 Year20.88%
3 Year-17.51%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)27.7
LBB68.68
UBB78.33
NET Daily chart

CLOUDFLARE INC - CLASS A

NYSE:NET (5/31/2024, 7:04:00 PM)

After market: 67.82 +0.13 (+0.19%)

67.69

-0.29 (-0.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg-0.43%
1 Week-8.05%
2 Weeks-9.91%
1 Month-23.92%
3 Month-32.26%
6 Month-14.08%
12 Month-4.18%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.44
ATR(20)%4.47%
ATR Inc
Range Today2.47
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High76.35
10 Day Low66.38
20 Day High78.92
20 Day Low66.38
52 Week High116
52 Week Low53.88
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.93M
Volume Incr7.18%
Vol(5)4.21M
Vol(50)3.22M