NETSKOPE INC-CL A (NTSK) Stock Technical Analysis
NASDAQ:NTSK • US64119N6085
Overall NTSK gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than NTSK.
- NTSK is one of the lesser performing stocks in the Software industry. 91% of 276 stocks in the same industry do better.
- In the last month NTSK has a been trading in the 10.96 - 16.75 range, which is quite wide. It is currently trading near the lows of this range.
- NTSK has an average volume of 2732260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NTSK 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
11.20
We found 1 important support area.
- Support @11.31 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @12.76 from a trend line in the daily time frame.
- Resistance @22.23 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 | DOWN | NEGATIVE | The long term trend for NTSK is down. |
| 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) | 30.43 | NEUTRAL | The RSI value for NTSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NTSK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.51 | OVERSOLD | The low Stochastics value suggests NTSK may be oversold. |
| Average True Range in percent/ATR (20) | 8.13 | HIGH VOLATILITY | The high ATR as a percentage value for NTSK suggests high volalility. |
| Average Directional Index/ADX (14) | 40.14 | POSITIVE | The high ADX value value for NTSK suggests a strong trend. |
11.53
+0.21 (+1.86%)
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 30.4343. This indicates that the stock is currently neutral.
What is the buy/sell signal for NTSK stock?
The buy/sell signal for NETSKOPE INC-CL A (NTSK) is sell as both the short term and long term trends are negative.
What is the support and resistance level for NTSK stock?
NETSKOPE INC-CL A (NTSK) has a support level at 11.31 and a resistance level at 12.76. Check the full technical report for our detailed analysis of NTSK support and resistance levels.