NETSKOPE INC-CL A (NTSK) Stock Technical Analysis
NASDAQ:NTSK • US64119N6085
Overall NTSK gets a technical rating of 0 out of 10. NTSK'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.
- When comparing the yearly performance of all stocks, NTSK is a bad performer in the overall market: 100% of all stocks are doing better.
- NTSK is part of the Software industry. There are 276 other stocks in this industry, of which 91% are performing better than NTSK.
- In the last month NTSK has a been trading in the 11.28 - 16.75 range, which is quite wide. It is currently trading near the lows of this range.
- NTSK has an average volume of 2767170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of NTSK is bad and it also does not present a quality setup 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
11.37
We found 1 important support area.
- Support @11.48 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @13.24 from a trend line in the daily time frame.
- Resistance @22.29 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for NTSK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NTSK is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | NTSK has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NTSK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NTSK is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 30.7 | NEUTRAL | The RSI value for NTSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests NTSK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.23 | OVERSOLD | The low Stochastics value suggests NTSK may be oversold. |
| Average True Range in percent/ATR (20) | 8.04 | HIGH VOLATILITY | The high ATR as a percentage value for NTSK suggests high volalility. |
| Average Directional Index/ADX (14) | 38.63 | POSITIVE | The high ADX value value for NTSK suggests a strong trend. |
11.89
+0.4 (+3.48%)
NETSKOPE INC-CL A / NTSK FAQ
What is the ChartMill technical rating of NETSKOPE INC-CL A (NTSK) stock?
ChartMill assigns a technical rating of 0 / 10 to NTSK.
What is the trend direction for NTSK stock?
The current trend direction for NETSKOPE INC-CL A (NTSK) is Bearish.
What is the RSI signal for NTSK stock?
NETSKOPE INC-CL A (NTSK) has an RSI value of 30.6952. This indicates that the stock is currently neutral.
What is the support and resistance level for NTSK stock?
NETSKOPE INC-CL A (NTSK) has a support level at 11.48 and a resistance level at 13.24. Check the full technical report for our detailed analysis of NTSK support and resistance levels.