Overall NTGR gets a technical rating of 0 out of 10. NTGR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
NTGR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for NTGR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
23.12
We found 1 important support area.
- A support zone ranging from 23.35 to 23.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 24.20 to 24.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.92 from a horizontal line in the daily 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 | 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 | 13.38 | NEGATIVE | NTGR has a low relative strength, it was outperformed by 86.62% 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) | DOWN | NEGATIVE | The current price of NTGR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.02 | NEUTRAL | The RSI value for NTGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests NTGR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.37 | NEUTRAL | The Stochastics value for NTGR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for NTGR suggests some volalility. |
| Average Directional Index/ADX (14) | 33.66 | POSITIVE | The high ADX value value for NTGR suggests a strong trend. |
23.68
+0.33 (+1.41%)
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 37.0198. 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 23.67 and a resistance level at 24.2. Check the full technical report for our detailed analysis of NTGR support and resistance levels.