NETAPP INC (NTAP) Stock Technical Analysis
USA - NASDAQ:NTAP - US64110D1046 - Common Stock
Taking everything into account, NTAP scores 4 out of 10 in our technical rating. NTAP has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
NTAP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 113.34, a Stop Loss order could be placed below this zone.
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100.09
3 important support areas can be observed.
- Support @113.34 from a horizontal line in the daily time frame.
- Support @105.52 from a trend line in the daily time frame.
- Support @101.10 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 115.49 to 117.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 124.04 to 126.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NTAP is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NTAP is down. |
| ChartMill Relative Strength | 48.95 | NEUTRAL | NTAP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NTAP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NTAP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NTAP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.4 | NEUTRAL | The RSI value for NTAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests NTAP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.16 | NEUTRAL | The Stochastics value for NTAP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for NTAP suggests some volalility. |
| Average Directional Index/ADX (14) | 24.27 | NEUTRAL | The ADX value for NTAP suggests a possible start of a new trend. |
NASDAQ:NTAP (11/6/2025, 3:23:09 PM)
114.525
-1.16 (-1.01%)
NETAPP INC / NTAP FAQ
What is the ChartMill technical rating of NETAPP INC (NTAP) stock?
ChartMill assigns a technical rating of 4 / 10 to NTAP.
What is the trend direction for NTAP stock?
The current trend direction for NETAPP INC (NTAP) is Bullish.
Can you provide the RSI signal for NETAPP INC?
NETAPP INC (NTAP) has an RSI value of 46.4047. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NETAPP INC?
The MACD indicator for NETAPP INC (NTAP) has a value of -0.283143, indicating a bearish trend.
Can you provide the short term momentum for NETAPP INC?
The short term momentum for NETAPP INC (NTAP) is negative.