NETSKOPE INC-CL A (NTSK) Technical Analysis
NASDAQ:NTSK • US64119N6085
Current stock price
NTSK Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to NTSK. NTSK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 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 272 other stocks in this industry, of which 90% are performing better than NTSK.
- NTSK has an average volume of 4569510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month NTSK has a been trading in the 7.67 - 10.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NTSK Weekly and Daily overview Charts
NTSK Setup Rating and Analysis
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
NTSK Support and Resistance Analysis
9.52
When analyzing the support we notice one important area.
- A support zone ranging from 9.62 to 9.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.73 to 9.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.38 from a horizontal line in the daily time frame.
NTSK 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 | DOWN | NEGATIVE | The long term trend for NTSK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NTSK is neutral. |
| 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) | UP | POSITIVE | The current price of NTSK is above the rising 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) | 49.38 | NEUTRAL | The RSI value for NTSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests NTSK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.11 | NEUTRAL | The Stochastics value for NTSK is a neutral value. |
| Average True Range in percent/ATR (20) | 6.57 | HIGH VOLATILITY | The high ATR as a percentage value for NTSK suggests high volalility. |
| Average Directional Index/ADX (14) | 14.59 | NEGATIVE | The low ADX value for NTSK suggests a weak or negative trend. |
NTSK Chart- and CandleStick Pattern Analysis
NTSK Technicals: Chart, Performance Metrics, Trend & Indicators
9.63
-0.16 (-1.63%)
NETSKOPE INC-CL A / NTSK TA FAQ
What is the ChartMill technical rating of NETSKOPE INC-CL A (NTSK) stock?
ChartMill assigns a technical rating of 1 / 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 NETSKOPE INC-CL A (NTSK) stock?
NETSKOPE INC-CL A (NTSK) has an RSI value of 49.3765. This indicates that the stock is currently neutral.
What is the short term momentum for NETSKOPE INC-CL A (NTSK) stock?
The short term momentum for NETSKOPE INC-CL A (NTSK) is neutral.