NETAPP INC (NTAP) Stock Technical Analysis
NASDAQ:NTAP - Nasdaq - US64110D1046 - Common Stock - Currency: USD
Overall NTAP gets a technical rating of 4 out of 10. In the past year, NTAP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
79% of all other stocks performed better in the past year than NTAP.
In the last month NTAP has a been trading in the 84.47 - 101.94 range, which is quite wide. It is currently trading near the high of this range.
NTAP has an average volume of 2261970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
NTAP is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry, NTAP did better than 54% of them.
NTAP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NTAP is lagging the market slightly.
NTAP has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
75.74
134.74
When analyzing the support we can see 2 important areas.
- Support @87.86 from a horizontal line in the daily time frame.
- Support @76.50 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 101.07 to 101.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @116.25 from a trend line in the daily time frame.
- Resistance @124.45 from a horizontal line in the daily time frame.
- A resistance zone ranging from 133.12 to 133.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.78
Mansfield-1.55
10 Day High101.95
10 Day Low91.61
20 Day High101.95
20 Day Low84.48
52 Week High135.45
52 Week Low71.84
Performance
1 Week1.54%
2 Weeks9.54%
1 Month22.57%
3 Month-18.81%
6 Month-17.39%
12 Month-12.63%
2 Year52.31%
3 Year40.46%
5 Year126.9%
10 Year202.58%
15 Year168.21%
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)1.06
RSI(14)70.42
LBB88.52
UBB104.17
101.06
-0.47 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg-0.46%
1 Week1.54%
2 Weeks9.54%
1 Month22.57%
3 Month-18.81%
6 Month-17.39%
12 Month-12.63%
2 Year52.31%
3 Year40.46%
5 Year126.9%
10 Year202.58%
15 Year168.21%
Volatility
ATR(14)2.19
ATR(20)%2.35%
ATR Inc-1.73%
Range Today1.59
ADR(20)2.02
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.78
Mansfield-1.55
10 Day High101.95
10 Day Low91.61
20 Day High101.95
20 Day Low84.48
52 Week High135.45
52 Week Low71.84
CS1 End87.86
CR1 Start101.07
Volume & EV
DER(3)1.38%
DER(5)2.18%
Volume1.67M
Volume Incr5.43%
Vol(5)1.83M
Vol(50)2.26M