NETGEAR INC (NTGR) Stock Technical Analysis
USA - NASDAQ:NTGR - US64111Q1040 - Common Stock
Taking everything into account, NTGR scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NTGR is showing a nice and steady performance.
NTGR has an excellent technical rating, but the quality of the setup is 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
24.26
We found 3 important support areas.
- A support zone ranging from 32.41 to 33.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.75 from a horizontal line in the daily time frame.
- A support zone ranging from 24.50 to 24.67. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for NTGR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NTGR is up. |
| ChartMill Relative Strength | 91.52 | POSITIVE | NTGR has a high relative strength, it outperformed 91.52% 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) | UP | POSITIVE | The current price of NTGR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NTGR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.84 | NEUTRAL | The RSI value for NTGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests NTGR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 67.23 | NEUTRAL | The Stochastics value for NTGR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.4 | HIGH VOLATILITY | The high ATR as a percentage value for NTGR suggests high volalility. |
| Average Directional Index/ADX (14) | 27.04 | POSITIVE | The high ADX value value for NTGR suggests a strong trend. |
34.72
+0.83 (+2.45%)
NETGEAR INC / NTGR FAQ
What is the technical rating for NTGR stock?
ChartMill assigns a technical rating of 9 / 10 to NTGR.
What is the trend direction for NTGR stock?
The current trend direction for NETGEAR INC (NTGR) is Bullish.
What is the RSI signal for NTGR stock?
NETGEAR INC (NTGR) has an RSI value of 63.841. This indicates that the stock is currently neutral.
What is the MACD signal for NTGR stock?
The MACD indicator for NETGEAR INC (NTGR) has a value of -0.0626957, indicating a bearish trend.
What is the short term momentum for NTGR stock?
The short term momentum for NETGEAR INC (NTGR) is positive.