Overall NTGR gets a technical rating of 0 out of 10. NTGR'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.
Although the technical rating is bad, NTGR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 24.39, a Stop Loss order could be placed below this zone.
More info and screens
23.28
When analyzing the support we can see 2 important areas.
- A support zone ranging from 24.37 to 24.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.52 to 23.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.79 to 26.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 NTGR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NTGR is down. |
| ChartMill Relative Strength | 18.11 | NEGATIVE | NTGR has a low relative strength, it was outperformed by 81.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NTGR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NTGR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NTGR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.06 | NEUTRAL | The RSI value for NTGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests NTGR has a positive trend. |
| Stochastics (14,3) | 41.49 | NEUTRAL | The Stochastics value for NTGR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for NTGR suggests some volalility. |
| Average Directional Index/ADX (14) | 32.17 | POSITIVE | The high ADX value value for NTGR suggests a strong trend. |
24.53
-0.04 (-0.16%)
NETGEAR INC / NTGR FAQ
What is the technical rating for NTGR stock?
ChartMill assigns a technical rating of 0 / 10 to NTGR.
Can you provide the trend direction for NETGEAR INC?
The current trend direction for NETGEAR INC (NTGR) is Bearish.
What is the RSI signal for NTGR stock?
NETGEAR INC (NTGR) has an RSI value of 41.0598. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NETGEAR INC?
The short term momentum for NETGEAR INC (NTGR) is negative.
What are the support and resistance levels for NETGEAR INC (NTGR) stock?
NETGEAR INC (NTGR) has a support level at 24.39 and a resistance level at 26.79. Check the full technical report for our detailed analysis of NTGR support and resistance levels.