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. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NTCT is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, NTCT did better than 87% of all other stocks. On top of that, NTCT also shows a nice and consistent pattern of rising prices.
- 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.
- NTCT is part of the Communications Equipment industry. There are 47 other stocks in this industry, NTCT did better than 52% of them.
- In the last month NTCT has a been trading in the 29.71 - 34.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NTCT Weekly and Daily overview Charts
NTCT Setup Rating and Analysis
Although NTCT has an excellent technical rating, the quality of the presented setup is not ideal 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
NTCT Support and Resistance Analysis
21.19
When analyzing the support we can see 5 important areas.
- A support zone ranging from 31.60 to 31.84. 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 29.17 to 29.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.29 from a horizontal line in the daily time frame.
- Support @27.18 from a horizontal line in the daily time frame.
- Support @21.40 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 | 87.26 | POSITIVE | NTCT has a high relative strength, it outperformed 87.26% 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) | 61.43 | NEUTRAL | The RSI value for NTCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests NTCT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.81 | OVERBOUGHT | The high Stochastics value suggests NTCT may be overbought. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for NTCT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.39 | NEUTRAL | The ADX value for NTCT suggests a possible start of a new trend. |
NTCT Chart- and CandleStick Pattern Analysis
NTCT Technicals: Chart, Performance Metrics, Trend & Indicators
32.75
-0.86 (-2.56%)
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.
What is the RSI signal for NTCT stock?
NETSCOUT SYSTEMS INC (NTCT) has an RSI value of 61.431. 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.
Can you provide the buy/sell signal for NETSCOUT SYSTEMS INC?
The buy/sell signal for NETSCOUT SYSTEMS INC (NTCT) is buy as both the short term and long term trends are positive.