NETGEAR INC (NTGR) Technical Analysis
NASDAQ:NTGR • US64111Q1040
Current stock price
NTGR Technical Rating and Analysis
Overall NTGR gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. NTGR was also a bad performer in the overall market in the last year.
- 77% of all other stocks performed better in the past year than NTGR.
- NTGR is one of the lesser performing stocks in the Communications Equipment industry. 78% of 48 stocks in the same industry do better.
- NTGR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NTGR is lagging the market.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month NTGR has a been trading in the 19.71 - 26.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
NTGR Weekly and Daily overview Charts
NTGR Setup Rating and Analysis
NTGR has a poor technical rating and the quality of the setup is also only medium 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
NTGR Support and Resistance Analysis
19.67
We found 1 important support area.
- A support zone ranging from 19.87 to 20.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @24.46 from a horizontal line in the daily time frame.
NTGR 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 | NEUTRAL | NEUTRAL | The long term trend for NTGR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NTGR is up. |
| ChartMill Relative Strength | 23.88 | NEGATIVE | NTGR has a low relative strength, it was outperformed by 76.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NTGR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NTGR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NTGR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.82 | NEUTRAL | The RSI value for NTGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests NTGR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.36 | NEUTRAL | The Stochastics value for NTGR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for NTGR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.58 | NEUTRAL | The ADX value for NTGR suggests a possible start of a new trend. |
NTGR Chart- and CandleStick Pattern Analysis
NTGR Technicals: Chart, Performance Metrics, Trend & Indicators
22.39
-2.07 (-8.46%)
NETGEAR INC / NTGR TA FAQ
What is the technical rating for NTGR stock?
ChartMill assigns a technical rating of 3 / 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 54.8172. 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 positive.
What are the support and resistance levels for NETGEAR INC (NTGR) stock?
NETGEAR INC (NTGR) has a support level at 20.54 and a resistance level at 24.46. Check the full technical report for our detailed analysis of NTGR support and resistance levels.