ARISTA NETWORKS INC (ANET) Stock Technical Analysis
NYSE:ANET - New York Stock Exchange, Inc. - US0404131064 - Common Stock
Overall ANET gets a technical rating of 10 out of 10. 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ANET is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, ANET also shows a nice and consistent pattern of rising prices.
A new 52 week high is currently being made by ANET, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ANET has a been trading in the 107.00 - 121.92 range, which is quite wide. It is currently trading near the high of this range.
ANET has an average volume of 4765180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ANET is part of the Communications Equipment industry. There are 51 other stocks in this industry, ANET did better than 70% 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 ANET has an excellent technical rating, it does not offer a high quality setup 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
94.11
122.73
When analyzing the support we can see 4 important areas.
- A support zone ranging from 114.34 to 116.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 107.71 to 110.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @103.91 from a trend line in the daily time frame.
- A support zone ranging from 95.06 to 95.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 121.51 to 121.51. 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
CRS92.63
Mansfield2.75
10 Day High121.92
10 Day Low109.09
20 Day High121.92
20 Day Low107
52 Week High121.92
52 Week Low60.08
Performance
1 Week7.87%
2 Weeks5.47%
1 Month12.43%
3 Month23.32%
6 Month52.25%
12 Month83.81%
2 Year285.65%
3 Year290.96%
5 Year770.42%
10 Year2979.85%
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)0.28
RSI(14)66.56
LBB109.13
UBB121.78
ARISTA NETWORKS INC
NYSE:ANET (1/21/2025, 8:04:00 PM)
After market: 124 +2.5 (+2.06%)121.5
+1.55 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.29%
1 Week7.87%
2 Weeks5.47%
1 Month12.43%
3 Month23.32%
6 Month52.25%
12 Month83.81%
2 Year285.65%
3 Year290.96%
5 Year770.42%
10 Year2979.85%
15 YearN/A
Volatility
ATR(14)3.49
ATR(20)%2.84%
ATR Inc-23.56%
Range Today2.42
ADR(20)3.13
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.63
Mansfield2.75
10 Day High121.92
10 Day Low109.09
20 Day High121.92
20 Day Low107
52 Week High121.92
52 Week Low60.08
CS1 End116.73
CR1 Start121.51
Volume & EV
DER(3)1.36%
DER(5)1.35%
Volume6.37M
Volume Incr9.16%
Vol(5)6.39M
Vol(50)4.77M