NETAPP INC (NTAP)
US64110D1046 - Common Stock
Overall NTAP gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, NTAP did better than 92% of all other stocks. On top of that, NTAP also shows a nice and consistent pattern of rising prices.
NTAP is part of the Technology Hardware, Storage & Peripherals industry. There are 32 other stocks in this industry. NTAP outperforms 83% of them.
NTAP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NTAP is performing more or less in line with the market.
NTAP has an average volume of 2038020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NTAP has a been trading in the 97.31 - 106.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NTAP has an excellent technical rating, it 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
80.36
107.54
We found 5 important support areas.
- A support zone ranging from 97.91 to 101.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @95.27 from a trend line in the weekly time frame.
- Support @93.49 from a trend line in the daily time frame.
- A support zone ranging from 85.07 to 85.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @81.17 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 105.31 to 106.48. 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
CRS92.13
Mansfield1.36
10 Day High104.73
10 Day Low97.31
20 Day High106.9
20 Day Low97.31
52 Week High112.48
52 Week Low62.29
Performance
1 Week3.27%
2 Weeks6.83%
1 Month-0.39%
3 Month19.13%
6 Month37.87%
12 Month63.88%
2 Year45.43%
3 Year35.25%
5 Year76.76%
10 Year182.73%
15 Year436.62%
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)0.18
RSI(14)60.11
LBB97.44
UBB104.5
NETAPP INC
NASDAQ:NTAP (5/3/2024, 7:09:18 PM)
After market: 105.45 +0.81 (+0.77%)104.64
+2.52 (+2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg2.47%
1 Week3.27%
2 Weeks6.83%
1 Month-0.39%
3 Month19.13%
6 Month37.87%
12 Month63.88%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.05
ATR(20)%2.04%
ATR Inc
Range Today1.69
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 High104.73
10 Day Low97.31
20 Day High106.9
20 Day Low97.31
52 Week High112.48
52 Week Low62.29
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.46M
Volume Incr-2.86%
Vol(5)1.47M
Vol(50)2.04M