CLOUDFLARE INC - CLASS A (NET)

US18915M1071 - Common Stock

75.23  +0.09 (+0.12%)

After market: 75.05 -0.18 (-0.24%)

Technical Rating and Analysis

1

Overall NET gets a technical rating of 1 out of 10. NET has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
NET is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
NET has an average volume of 3193850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, NET turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
NET is part of the IT Services industry. There are 84 other stocks in this industry, NET did better than 62% of them.
NET is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NET is lagging the market.
Weekly and Daily overview Charts
NET Weekly chart
NET Daily chart
Setup Rating and Analysis

6

NET has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 72.57, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

67.75

93.58

2 important support areas can be observed.

  • A support zone ranging from 71.92 to 72.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @68.43 from a trend line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 75.24 to 75.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 88.51 to 88.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @92.65 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.57
Mansfield-1.13
10 Day High76.25
10 Day Low71.77
20 Day High91.59
20 Day Low71.77
52 Week High116
52 Week Low53.88
Performance
1 Week4.6%
2 Weeks1.12%
1 Month-10.55%
3 Month-23.64%
6 Month3.49%
12 Month29.73%
2 Year34.34%
3 Year-8.32%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)35.53
LBB65
UBB88.78
NET Daily chart

CLOUDFLARE INC - CLASS A

NYSE:NET (5/17/2024, 7:15:54 PM)

After market: 75.05 -0.18 (-0.24%)

75.23

+0.09 (+0.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.12%
1 Week4.6%
2 Weeks1.12%
1 Month-10.55%
3 Month-23.64%
6 Month3.49%
12 Month29.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.43
ATR(20)%4.42%
ATR Inc
Range Today1.64
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High76.25
10 Day Low71.77
20 Day High91.59
20 Day Low71.77
52 Week High116
52 Week Low53.88
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.56M
Volume Incr-39.12%
Vol(5)2.51M
Vol(50)3.19M