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. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NTWK is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
NTWK is one of the better performing stocks in the Software industry, it outperforms 86% of 283 stocks in the same industry.
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 3.79 - 4.59 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that NTWK is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, NTWK also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for NTWK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.36
4.49
When analyzing the support we can see 4 important areas.
- Support @4.12 from a trend line in the daily time frame.
- A support zone ranging from 3.80 to 3.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.58 to 3.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.38 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.16 to 4.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.45 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 NTWK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NTWK is up. |
| ChartMill Relative Strength | 92.77 | POSITIVE | NTWK has a high relative strength, it outperformed 92.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NTWK is below 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) | 56.09 | NEUTRAL | The RSI value for NTWK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NTWK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.59 | NEUTRAL | The Stochastics value for NTWK is a neutral value. |
| Average True Range in percent/ATR (20) | 6.97 | HIGH VOLATILITY | The high ATR as a percentage value for NTWK suggests high volalility. |
| Average Directional Index/ADX (14) | 45.47 | 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 |
|---|---|---|---|
| 4.17 | 4.11 | 0.06 (1.44%) | 25.00% |
| An entry @4.17. This is a Buy Stop order right above the resistance zone. | An exit @4.11. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.06 points, which is 1.44%. | For a 0.36% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NTWK. Please evaluate whether better entry and exit points can be found.
- 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 (8/15/2025, 8:00:01 PM)
4.14
-0.02 (-0.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.48%
1 Week1.47%
2 Weeks8.66%
1 Month7.25%
3 Month50%
6 Month69.67%
12 Month55.06%
2 Year88.18%
3 Year15.97%
5 Year40.34%
10 Year-11.91%
15 Year-48.89%
Volatility
ATR(14)0.32
ATR(20)%6.97%
ATR Inc-39.03%
Range Today0.16
ADR(20)0.27
ADR(20)%6.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.77
Mansfield3.32
10 Day High4.5
10 Day Low3.96
20 Day High4.6
20 Day Low3.79
52 Week High4.6
52 Week Low2.14
CS1 End4.12
CR1 Start4.16
Volume & EV
DER(3)16.46%
DER(5)10.81%
Volume28.80K
Volume Incr-58.04%
Vol(5)26.52K
Vol(50)39.49K