NETSOL TECHNOLOGIES INC (NTWK) Stock Technical Analysis
NASDAQ:NTWK - Nasdaq - US64115A4022 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to NTWK. Both in the recent history as in the last year, NTWK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: NTWK has an average volume of 19586 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month NTWK has a been trading in the 2.34 - 2.95 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that NTWK is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
NTWK is part of the Software industry. There are 283 other stocks in this industry, NTWK did better than 67% of them.
NTWK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NTWK is lagging the market slightly.
Besides having an excellent technical rating, NTWK also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
2.30
2.96
4 important support areas can be observed.
- A support zone ranging from 2.72 to 2.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.49 from a trend line in the daily time frame.
- Support @2.44 from a horizontal line in the daily time frame.
- Support @2.32 from a trend line in the weekly 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 NTWK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NTWK is up. |
| ChartMill Relative Strength | 83.03 | POSITIVE | NTWK has a high relative strength, it outperformed 83.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NTWK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NTWK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NTWK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.37 | NEUTRAL | The RSI value for NTWK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NTWK has a positive trend. |
| Stochastics (14,3) | 80.29 | OVERBOUGHT | The high Stochastics value suggests NTWK may be overbought. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for NTWK suggests some volalility. |
| Average Directional Index/ADX (14) | 31.45 | POSITIVE | The high ADX value value for NTWK suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.96 | 2.65 | 0.31 (10.47%) | 9.55% |
| An entry @2.96. This is a Buy Stop order right above the 10 day high. | An exit @2.65. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.31 points, which is 10.47%. | For a 1.00% total portfolio risk, you can invest 9.55% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:NTWK (6/5/2025, 8:00:02 PM)
2.93
+0.02 (+0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.69%
1 Week1.38%
2 Weeks4.27%
1 Month19.59%
3 Month19.11%
6 Month6.93%
12 Month11.83%
2 Year24.15%
3 Year-8.01%
5 Year8.52%
10 Year-43.11%
15 Year-59.86%
Volatility
ATR(14)0.1
ATR(20)%4.13%
ATR Inc-51.26%
Range Today0.04
ADR(20)0.1
ADR(20)%3.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.03
Mansfield0.53
10 Day High2.95
10 Day Low2.66
20 Day High2.95
20 Day Low2.34
52 Week High3.34
52 Week Low2.14
CS1 End2.76
CR1 StartN/A
Volume & EV
DER(3)-1.21%
DER(5)-2.57%
Volume13.40K
Volume Incr-33.49%
Vol(5)13.84K
Vol(50)19.59K