NETSKOPE INC-CL A (NTSK) Stock Technical Analysis
USA - NASDAQ:NTSK - US64119N6085 - Common Stock
Taking everything into account, NTSK scores 3 out of 10 in our technical rating. In the last year, NTSK was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
Although the technical rating is bad, NTSK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 21.79, a Stop Loss order could be placed below this zone.
More info and screens
21.53
We found 1 important support area.
- A support zone ranging from 21.75 to 21.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- Resistance @23.64 from a horizontal line in the weekly time frame.
- Resistance @24.26 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 | UP | POSITIVE | The long term trend for NTSK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NTSK is up. |
| 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). |
| Relative Strength Index/RSI (14) | 47.76 | NEUTRAL | The RSI value for NTSK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.62 | NEGATIVE | The MACD value suggests NTSK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.83 | NEUTRAL | The Stochastics value for NTSK is a neutral value. |
| Average True Range in percent/ATR (20) | 5.55 | HIGH VOLATILITY | The high ATR as a percentage value for NTSK suggests high volalility. |
| Average Directional Index/ADX (14) | 11.63 | NEGATIVE | The low ADX value for NTSK suggests a weak or negative trend. |
21.91
-0.59 (-2.62%)
NETSKOPE INC-CL A / NTSK FAQ
Can you provide the ChartMill technical rating for NETSKOPE INC-CL A?
ChartMill assigns a technical rating of 3 / 10 to NTSK.
Can you provide the trend direction for NETSKOPE INC-CL A?
The current trend direction for NETSKOPE INC-CL A (NTSK) is Bullish.
What is the RSI signal for NTSK stock?
NETSKOPE INC-CL A (NTSK) has an RSI value of 47.7602. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NETSKOPE INC-CL A?
The short term momentum for NETSKOPE INC-CL A (NTSK) is positive.
Can you provide the buy/sell signal for NETSKOPE INC-CL A?
The buy/sell signal for NETSKOPE INC-CL A (NTSK) is buy as both the short term and long term trends are positive.