NETSCOUT SYSTEMS INC (NTCT)

US64115T1043 - Common Stock

19.83  -0.07 (-0.35%)

Technical Rating and Analysis

0

Taking everything into account, NTCT scores 0 out of 10 in our technical rating. NTCT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

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, NTCT is a bad performer in the overall market: 84% of all stocks are doing better.
NTCT is part of the Communications Equipment industry. There are 54 other stocks in this industry, of which 66% are performing better than NTCT.
NTCT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NTCT is lagging the market.
In the last month NTCT has a been trading in the 18.77 - 21.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
NTCT Weekly chart
NTCT Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, NTCT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

19.63

23.01

We can see 3 important resistance areas.

  • A resistance zone ranging from 20.90 to 21.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @21.84 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 22.67 to 22.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS16.34
Mansfield-2.85
10 Day High20.14
10 Day Low18.77
20 Day High21.93
20 Day Low18.77
52 Week High31.66
52 Week Low18.77
Performance
1 Week2.42%
2 Weeks1.12%
1 Month-8.88%
3 Month-11.48%
6 Month-10.2%
12 Month-26.87%
2 Year-35.39%
3 Year-24.03%
5 Year-32.31%
10 Year-48.92%
15 Year121.36%
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)0.09
RSI(14)44.69
LBB18.75
UBB20.65
NTCT Daily chart

NETSCOUT SYSTEMS INC

NASDAQ:NTCT (4/29/2024, 1:07:49 PM)

19.83

-0.07 (-0.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.35%
1 Week2.42%
2 Weeks1.12%
1 Month-8.88%
3 Month-11.48%
6 Month-10.2%
12 Month-26.87%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.57
ATR(20)%2.87%
ATR Inc
Range Today0.35
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 High20.14
10 Day Low18.77
20 Day High21.93
20 Day Low18.77
52 Week High31.66
52 Week Low18.77
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume99.34K
Volume Incr-6.15%
Vol(5)423.96K
Vol(50)689.14K