107.67 USD
+0.39 (+0.36%)
107.67 USD
0 (0%)
Taking everything into account, NTAP scores 0 out of 10 in our technical rating. NTAP'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, NTAP is a bad performer in the overall market: 81% of all stocks are doing better.
- NTAP has an average volume of 2030280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- NTAP is part of the Technology Hardware, Storage & Peripherals industry. There are 35 other stocks in this industry, NTAP did better than 50% of them.
- NTAP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NTAP is lagging the market.
- In the last month NTAP has a been trading in the 103.35 - 114.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of NTAP is bad and it also does not present a 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
99.49
127.26
We found 2 important support areas.
- A support zone ranging from 103.24 to 106.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @100.49 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 116.63 to 117.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @119.39 from a horizontal line in the daily time frame.
- A resistance zone ranging from 121.82 to 123.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @126.00 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for NTAP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NTAP is down. |
| ChartMill Relative Strength | 19.62 | NEGATIVE | NTAP has a low relative strength, it was outperformed by 80.38% off all stocks 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) | DOWN | NEGATIVE | The current price of NTAP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NTAP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.04 | NEUTRAL | The RSI value for NTAP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests NTAP has a positive trend. |
| Stochastics (14,3) | 48.29 | NEUTRAL | The Stochastics value for NTAP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for NTAP suggests some volalility. |
| Average Directional Index/ADX (14) | 31.49 | POSITIVE | The high ADX value value for NTAP suggests a strong trend. |
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)
107.67
+0.39 (+0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg0.36%
1 Week3.22%
2 Weeks-0.69%
1 Month-5.64%
3 Month-9.57%
6 Month-0.65%
12 Month-11.81%
2 Year23.47%
3 Year62.57%
5 Year62.06%
10 Year390.97%
15 Year96.73%
Volatility
ATR(14)2.32
ATR(20)%2.34%
ATR Inc32.63%
Range Today2.47
ADR(20)2.51
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.62
3 months CRS20.28
6 months CRS31.29
Mansfield-0.9
10 Day High110.42
10 Day Low103.35
20 Day High114.73
20 Day Low103.35
52 Week High127.78
52 Week Low71.84
CS1 End106.25
CR1 Start116.63
Volume & EV
DER(3)-0.22%
DER(5)0.89%
Volume2.17M
Volume Incr27.28%
Vol(5)2.18M
Vol(50)2.03M
NETAPP INC / NTAP FAQ
What is the ChartMill technical rating of NETAPP INC (NTAP) stock?
ChartMill assigns a technical rating of 0 / 10 to NTAP.
What is the current trend direction of NETAPP INC (NTAP) stock?
The current trend direction for NETAPP INC (NTAP) is Bearish.
Can you provide the RSI signal for NETAPP INC?
NETAPP INC (NTAP) has an RSI value of 45.0355. This indicates that the stock is currently neutral.
What is the MACD signal for NTAP stock?
The MACD indicator for NETAPP INC (NTAP) has a value of 0.0481804, indicating a bearish trend.
What is the short term momentum for NETAPP INC (NTAP) stock?
The short term momentum for NETAPP INC (NTAP) is negative.