NETSCOUT SYSTEMS INC (NTCT) Stock Technical Analysis
USA - NASDAQ:NTCT - US64115T1043 - Common Stock
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.
Besides having an excellent technical rating, NTCT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
20.40
We found 4 important support areas.
- A support zone ranging from 26.23 to 26.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.67 from a horizontal line in the daily time frame.
- A support zone ranging from 22.14 to 22.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.61 from a trend 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 | UP | POSITIVE | The long term trend for NTCT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NTCT is neutral. |
| ChartMill Relative Strength | 85.58 | POSITIVE | NTCT has a high relative strength, it outperformed 85.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NTCT is below 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) | 46.7 | NEUTRAL | The RSI value for NTCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests NTCT has a negative trend. |
| Stochastics (14,3) | 17.46 | OVERSOLD | The low Stochastics value suggests NTCT may be oversold. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for NTCT suggests some volalility. |
| Average Directional Index/ADX (14) | 25.1 | POSITIVE | The high ADX value value for NTCT suggests a strong trend. |
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 |
|---|---|---|---|
| 27.92 | 26.51 | 1.41 (5.05%) | 19.81% |
| An entry @27.92. This is a Buy Stop order right above the 10 day moving average. | An exit @26.51. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.41 points, which is 5.05%. | For a 1.00% total portfolio risk, you can invest 19.81% 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.
26.72
-0.7 (-2.55%)
NETSCOUT SYSTEMS INC / NTCT FAQ
What is the technical rating for NTCT stock?
ChartMill assigns a technical rating of 10 / 10 to NTCT.
What is the current trend direction of NETSCOUT SYSTEMS INC (NTCT) stock?
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 46.699. This indicates that the stock is currently neutral.
What is the MACD signal for NETSCOUT SYSTEMS INC (NTCT) stock?
The MACD indicator for NETSCOUT SYSTEMS INC (NTCT) has a value of -0.165772, indicating a bearish trend.
What is the support and resistance level for NTCT stock?
NETSCOUT SYSTEMS INC (NTCT) has a support level at 26.71. Check the full technical report for our detailed analysis of NTCT support and resistance levels.