CLOUDFLARE INC - CLASS A (NET)
US18915M1071 - Common Stock
We assign a technical rating of 10 out of 10 to NET. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NET is showing a nice and steady performance.
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 NET is one of the better performing stocks in the market, outperforming 87% of all stocks.
NET is one of the better performing stocks in the IT Services industry, it outperforms 81% of 84 stocks in the same industry.
NET 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 NET is lagging the market slightly.
In the last month NET has a been trading in the 85.60 - 104.49 range, which is quite wide. It is currently trading near the high of this range.
NET has an average volume of 2749120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NET has an excellent technical rating, it does not present a decent entry opportunity 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
74.86
105.28
When analyzing the support we can see 4 important areas.
- A support zone ranging from 87.64 to 91.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 82.62 to 83.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @78.23 from a trend line in the weekly time frame.
- A support zone ranging from 75.62 to 76.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.18
Mansfield0.92
10 Day High104.49
10 Day Low87.24
20 Day High104.49
20 Day Low85.6
52 Week High116
52 Week Low66.24
Performance
1 Week13.39%
2 Weeks8.97%
1 Month16.38%
3 Month26.52%
6 Month40.5%
12 Month42.02%
2 Year112.13%
3 Year-44.62%
5 Year435.11%
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)0.85
RSI(14)69.72
LBB84.65
UBB101.49
CLOUDFLARE INC - CLASS A
NYSE:NET (11/21/2024, 8:04:00 PM)
Premarket: 104.37 +0.13 (+0.12%)104.24
+7.77 (+8.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg8.05%
1 Week13.39%
2 Weeks8.97%
1 Month16.38%
3 Month26.52%
6 Month40.5%
12 Month42.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.89
ATR(20)%3.95%
ATR Inc
Range Today5.16
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 High104.49
10 Day Low87.24
20 Day High104.49
20 Day Low85.6
52 Week High116
52 Week Low66.24
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.69M
Volume Incr26.06%
Vol(5)3.63M
Vol(50)2.75M