ARISTA NETWORKS INC (ANET)
US0404131064 - Common Stock
Taking everything into account, ANET scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ANET has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ANET is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by ANET over the past year are nicely spread over this period.
ANET is one of the better performing stocks in the Communications Equipment industry, it outperforms 76% of 51 stocks in the same industry.
ANET is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ANET is performing more or less in line with the market.
ANET has an average volume of 3451360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ANET has a been trading in the 98.55 - 116.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
ANET has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
90.46
113.94
5 important support areas can be observed.
- A support zone ranging from 104.78 to 106.45. 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 101.11 to 102.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @98.95 from a trend line in the daily time frame.
- Support @95.06 from a horizontal line in the daily time frame.
- A support zone ranging from 91.37 to 91.98. This zone is formed by a combination of multiple trend lines 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
CRS94.12
Mansfield2.59
10 Day High116.94
10 Day Low103.66
20 Day High116.94
20 Day Low98.55
52 Week High116.94
52 Week Low56.65
Performance
1 Week0.39%
2 Weeks4.21%
1 Month11.43%
3 Month17.37%
6 Month33.76%
12 Month89.39%
2 Year271.85%
3 Year213.91%
5 Year787.39%
10 Year2870.64%
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)0.39
RSI(14)61.33
LBB101.47
UBB115.78
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 |
|---|---|---|---|
| 116.95 | 104.77 | 12.18 (10.41%) | 9.60% |
| An entry @116.95. This is a Buy Stop order right above the 10 day high. | An exit @104.77. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 12.18 points, which is 10.41%. | For a 1.00% total portfolio risk, you can invest 9.60% 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.
ARISTA NETWORKS INC
NYSE:ANET (12/20/2024, 8:04:00 PM)
After market: 113.41 +0.6 (+0.53%)112.81
+3.74 (+3.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg3.43%
1 Week0.39%
2 Weeks4.21%
1 Month11.43%
3 Month17.37%
6 Month33.76%
12 Month89.39%
2 Year271.85%
3 Year213.91%
5 Year787.39%
10 Year2870.64%
15 YearN/A
Volatility
ATR(14)4.81
ATR(20)%3.77%
ATR Inc33.01%
Range Today7.4
ADR(20)3.92
ADR(20)%3.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.12
Mansfield2.59
10 Day High116.94
10 Day Low103.66
20 Day High116.94
20 Day Low98.55
52 Week High116.94
52 Week Low56.65
CS1 End106.45
CR1 StartN/A
Volume & EV
DER(3)-1.19%
DER(5)-0.61%
Volume10.43M
Volume Incr109.2%
Vol(5)8.31M
Vol(50)3.45M