ARISTA NETWORKS INC (ANET) Stock Technical Analysis
NYSE:ANET - New York Stock Exchange, Inc. - US0404131064 - Common Stock - Currency: USD
Taking everything into account, ANET scores 4 out of 10 in our technical rating. Although ANET is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month ANET has a been trading in the 97.68 - 133.57 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Looking at the yearly performance, ANET did better than 86% of all other stocks. On top of that, ANET also shows a nice and consistent pattern of rising prices.
ANET has an average volume of 8649230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
ANET is an average performer in the Communications Equipment industry, it outperforms 58% of 51 stocks in the same industry.
ANET is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ANET is lagging the market.
ANET has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
86.96
115.47
4 important support areas can be observed.
- A support zone ranging from 98.29 to 98.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @95.06 from a horizontal line in the daily time frame.
- Support @92.28 from a trend line in the weekly time frame.
- Support @87.84 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 98.31 to 99.04. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 109.85 to 114.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.76
Mansfield0.13
10 Day High121.01
10 Day Low98.17
20 Day High133.57
20 Day Low97.68
52 Week High133.57
52 Week Low60.08
Performance
1 Week-10.43%
2 Weeks-14.72%
1 Month-23.87%
3 Month-3.27%
6 Month10.72%
12 Month46.9%
2 Year183.49%
3 Year220.38%
5 Year714.42%
10 Year2172.5%
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)-1.78
RSI(14)35.92
LBB98.92
UBB122.95
98.3
-5.1 (-4.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-4.93%
1 Week-10.43%
2 Weeks-14.72%
1 Month-23.87%
3 Month-3.27%
6 Month10.72%
12 Month46.9%
2 Year183.49%
3 Year220.38%
5 Year714.42%
10 Year2172.5%
15 YearN/A
Volatility
ATR(14)4.99
ATR(20)%6.7%
ATR Inc11.2%
Range Today6.43
ADR(20)4.78
ADR(20)%4.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.76
Mansfield0.13
10 Day High121.01
10 Day Low98.17
20 Day High133.57
20 Day Low97.68
52 Week High133.57
52 Week Low60.08
CS1 End98.29
CR1 Start98.31
Volume & EV
DER(3)-3.26%
DER(5)-1.6%
Volume14.00M
Volume Incr62.48%
Vol(5)16.50M
Vol(50)8.65M