Logo image of NET

CLOUDFLARE INC - CLASS A (NET) Stock Technical Analysis

NYSE:NET - New York Stock Exchange, Inc. - US18915M1071 - Common Stock - Currency: USD

123.93  +0.84 (+0.68%)

Premarket: 124.25 +0.32 (+0.26%)

Technical Rating and Analysis

10

Overall NET gets a technical rating of 10 out of 10. Both in the recent history as in the last year, NET 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 NET is one of the better performing stocks in the market, outperforming 91% of all stocks.
NET is one of the better performing stocks in the IT Services industry, it outperforms 79% of 82 stocks in the same industry.
A new 52 week high is currently being made by NET, 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 NET has a been trading in the 106.99 - 124.64 range, which is quite wide. It is currently trading near the high of this range.
NET has an average volume of 2924310 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.
Weekly and Daily overview Charts
CLOUDFLARE INC - CLASS A / NET Weekly stock chart
CLOUDFLARE INC - CLASS A / NET Daily stock chart
Setup Rating and Analysis

3

Although NET 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.

Support and Resistance Analysis

74.86

125.17

7 important support areas can be observed.

  • A support zone ranging from 114.17 to 116.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @110.61 from a horizontal line in the weekly time frame.
  • A support zone ranging from 107.68 to 108.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @105.00 from a trend line in the daily time frame.
  • Support @87.99 from a trend line in the weekly time frame.
  • Support @82.03 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.

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
CRS91.4
Mansfield2.39
10 Day High124.64
10 Day Low108.59
20 Day High124.64
20 Day Low106.99
52 Week High124.64
52 Week Low66.24
Performance
1 Week8.25%
2 Weeks9.03%
1 Month9.97%
3 Month39.62%
6 Month58.76%
12 Month54.56%
2 Year134.23%
3 Year28.56%
5 Year593.9%
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)0.75
RSI(14)70.05
LBB107.92
UBB123.41
CLOUDFLARE INC - CLASS A / NET Daily stock chart

CLOUDFLARE INC - CLASS A

NYSE:NET (1/23/2025, 9:20:56 PM)

Premarket: 124.25 +0.32 (+0.26%)

123.93

+0.84 (+0.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.68%
1 Week8.25%
2 Weeks9.03%
1 Month9.97%
3 Month39.62%
6 Month58.76%
12 Month54.56%
2 Year134.23%
3 Year28.56%
5 Year593.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.19
ATR(20)%3.01%
ATR Inc-28.48%
Range Today2.64
ADR(20)3.08
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.4
Mansfield2.39
10 Day High124.64
10 Day Low108.59
20 Day High124.64
20 Day Low106.99
52 Week High124.64
52 Week Low66.24
CS1 End116.44
CR1 StartN/A
Volume & EV
DER(3)0.98%
DER(5)0.56%
Volume2.60M
Volume Incr6.78%
Vol(5)2.69M
Vol(50)2.92M