NETSOL TECHNOLOGIES INC (NTWK) Stock Technical Analysis
NASDAQ:NTWK - Nasdaq - US64115A4022 - Common Stock - Currency: USD
Taking everything into account, NTWK scores 9 out of 10 in our technical rating. 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 15440 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
NTWK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NTWK is lagging the market slightly.
In the last month NTWK has a been trading in the 2.80 - 3.29 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that NTWK is one of the better performing stocks in the market, outperforming 82% 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 282 other stocks in this industry, NTWK did better than 69% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NTWK has an excellent technical rating, it does not present a decent entry opportunity 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
2.32
3.19
5 important support areas can be observed.
- A support zone ranging from 2.92 to 2.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.79 to 2.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.63 from a trend line in the daily time frame.
- Support @2.44 from a horizontal line in the daily time frame.
- Support @2.34 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 | 82.63 | POSITIVE | NTWK has a high relative strength, it outperformed 82.63% 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) | 73.72 | OVERBOUGHT | The high RSI value suggests NTWK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NTWK has a positive trend. |
| Stochastics (14,3) | 77.66 | NEUTRAL | The Stochastics value for NTWK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.98 | MEDIUM VOLATILITY | The ATR as a percentage value for NTWK suggests some volalility. |
| Average Directional Index/ADX (14) | 26.29 | 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)
NASDAQ:NTWK (7/1/2025, 8:53:37 PM)
3.16
+0.05 (+1.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.61%
1 Week7.48%
2 Weeks12.46%
1 Month11.66%
3 Month37.39%
6 Month23.44%
12 Month17.47%
2 Year36.8%
3 Year-2.17%
5 Year2.93%
10 Year-40.93%
15 Year-62.82%
Volatility
ATR(14)0.11
ATR(20)%2.98%
ATR Inc147.43%
Range Today0.14
ADR(20)0.09
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.63
Mansfield0.9
10 Day High3.29
10 Day Low2.8
20 Day High3.29
20 Day Low2.8
52 Week High3.34
52 Week Low2.14
CS1 End2.93
CR1 Start2.95
Volume & EV
DER(3)7.58%
DER(5)7.82%
Volume38.00K
Volume Incr116.72%
Vol(5)22.94K
Vol(50)15.44K