CLOUDFLARE INC - CLASS A (NET)
US18915M1071 - Common Stock
Taking everything into account, NET scores 9 out of 10 in our technical rating. 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.
NET is one of the better performing stocks in the IT Services industry, it outperforms 79% of 83 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.
NET has an average volume of 2851720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, NET did better than 91% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month NET has a been trading in the 98.58 - 119.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, NET also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 112.57, a Stop Loss order could be placed below this zone.
More info and screens
74.86
113.71
6 important support areas can be observed.
- A support zone ranging from 108.58 to 112.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 98.71 to 100.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @87.64 from a horizontal line in the daily time frame.
- Support @85.60 from a trend line in the weekly time frame.
- Support @80.34 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
CRS91.03
Mansfield1.58
10 Day High119.42
10 Day Low107
20 Day High119.42
20 Day Low98.58
52 Week High119.42
52 Week Low66.24
Performance
1 Week-4.24%
2 Weeks1.24%
1 Month8.53%
3 Month37.98%
6 Month35.92%
12 Month35.22%
2 Year149.02%
3 Year-14.39%
5 Year559.91%
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)-0.76
RSI(14)59.08
LBB108.07
UBB117.4
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 |
|---|---|---|---|
| 112.98 | 108.57 | 4.41 (3.91%) | 25.00% |
| An entry @112.98. This is a Buy Stop order right above the 10 day moving average. | An exit @108.57. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.41 points, which is 3.91%. | For a 0.98% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NET. Please evaluate whether better entry and exit points can be found.
- 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.
CLOUDFLARE INC - CLASS A
NYSE:NET (12/24/2024, 7:27:53 PM)
After market: 112.91 +0.33 (+0.29%)112.58
+1 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg0.9%
1 Week-4.24%
2 Weeks1.24%
1 Month8.53%
3 Month37.98%
6 Month35.92%
12 Month35.22%
2 Year149.02%
3 Year-14.39%
5 Year559.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.16
ATR(20)%3.77%
ATR Inc-52.34%
Range Today1.4
ADR(20)3.77
ADR(20)%3.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.03
Mansfield1.58
10 Day High119.42
10 Day Low107
20 Day High119.42
20 Day Low98.58
52 Week High119.42
52 Week Low66.24
CS1 End112.57
CR1 StartN/A
Volume & EV
DER(3)-0.39%
DER(5)-1.01%
Volume526.50K
Volume Incr-1.2%
Vol(5)2.87M
Vol(50)2.85M