NETSCOUT SYSTEMS INC (NTCT) Technical Analysis
NASDAQ:NTCT • US64115T1043
Current stock price
NTCT Technical Rating and Analysis
Overall NTCT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, NTCT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that NTCT is one of the better performing stocks in the market, outperforming 85% of all stocks. We also observe that the gains produced by NTCT over the past year are nicely spread over this period.
- NTCT is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NTCT is leading the market.
- In the last month NTCT has a been trading in the 28.05 - 30.89 range, which is quite wide. It is currently trading near the high of this range.
- NTCT is an average performer in the Communications Equipment industry, it outperforms 55% of 48 stocks in the same industry.
NTCT Weekly and Daily overview Charts
NTCT Setup Rating and Analysis
NTCT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 30.21, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
NTCT Support and Resistance Analysis
21.08
When analyzing the support we can see 4 important areas.
- A support zone ranging from 29.72 to 30.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 28.39 to 28.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.85 to 27.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.29 from a trend line in the weekly time frame.
NTCT Technical Indicator Signal Analysis
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 NTCT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NTCT is up. |
| ChartMill Relative Strength | 85.28 | POSITIVE | NTCT has a high relative strength, it outperformed 85.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NTCT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NTCT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NTCT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.44 | NEUTRAL | The RSI value for NTCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NTCT has a positive trend. |
| Stochastics (14,3) | 79.23 | NEUTRAL | The Stochastics value for NTCT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for NTCT suggests some volalility. |
| Average Directional Index/ADX (14) | 10.66 | NEGATIVE | The low ADX value for NTCT suggests a weak or negative trend. |
NTCT Chart- and CandleStick Pattern Analysis
NTCT Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 30.90 | 29.71 | 1.19 (3.85%) | 25.00% |
| An entry @30.90. This is a Buy Stop order right above the 10 day high. | An exit @29.71. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.19 points, which is 3.85%. | For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NTCT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NTCT Technicals: Chart, Performance Metrics, Trend & Indicators
30.74
+0.56 (+1.86%)
NETSCOUT SYSTEMS INC / NTCT TA FAQ
What is the technical rating for NTCT stock?
ChartMill assigns a technical rating of 10 / 10 to NTCT.
Can you provide the trend direction for NETSCOUT SYSTEMS INC?
The current trend direction for NETSCOUT SYSTEMS INC (NTCT) is Bullish.
Can you provide the RSI signal for NETSCOUT SYSTEMS INC?
NETSCOUT SYSTEMS INC (NTCT) has an RSI value of 63.4366. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NETSCOUT SYSTEMS INC?
The short term momentum for NETSCOUT SYSTEMS INC (NTCT) is positive.
What is the buy/sell signal for NTCT stock?
The buy/sell signal for NETSCOUT SYSTEMS INC (NTCT) is buy as both the short term and long term trends are positive.