NETAPP INC (NTAP)

US64110D1046 - Common Stock

118.45  +1.87 (+1.6%)

After market: 119.23 +0.78 (+0.66%)

Technical Rating and Analysis

3

Overall NTAP gets a technical rating of 3 out of 10. Although NTAP is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

In the last month NTAP has a been trading in the 115.10 - 135.45 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, NTAP did better than 79% of all other stocks. We also observe that the gains produced by NTAP over the past year are nicely spread over this period.
NTAP has an average volume of 1834250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
NTAP is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 50% of 31 stocks in the same industry.
NTAP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NTAP is lagging the market slightly.
Weekly and Daily overview Charts
NTAP Weekly chart
NTAP Daily chart
Setup Rating and Analysis

6

NTAP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 115.61, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

113.04

135.98

When analyzing the support we notice one important area.

  • A support zone ranging from 114.18 to 115.61. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 121.89 to 123.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 133.12 to 134.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS79.22
Mansfield-0.38
10 Day High131
10 Day Low115.1
20 Day High135.45
20 Day Low115.1
52 Week High135.45
52 Week Low83.62
Performance
1 Week-2.87%
2 Weeks-9.66%
1 Month-6.5%
3 Month-3.08%
6 Month-7.2%
12 Month32.49%
2 Year97.22%
3 Year28.76%
5 Year90.28%
10 Year185.77%
15 Year244.73%
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)-1.03
RSI(14)43.69
LBB115.3
UBB132.21
NTAP Daily chart

NETAPP INC

NASDAQ:NTAP (12/20/2024, 8:00:01 PM)

After market: 119.23 +0.78 (+0.66%)

118.45

+1.87 (+1.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg1.6%
1 Week-2.87%
2 Weeks-9.66%
1 Month-6.5%
3 Month-3.08%
6 Month-7.2%
12 Month32.49%
2 Year97.22%
3 Year28.76%
5 Year90.28%
10 Year185.77%
15 Year244.73%
Volatility
ATR(14)3.99
ATR(20)%3.79%
ATR Inc8.1%
Range Today4.72
ADR(20)4.3
ADR(20)%3.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.22
Mansfield-0.38
10 Day High131
10 Day Low115.1
20 Day High135.45
20 Day Low115.1
52 Week High135.45
52 Week Low83.62
CS1 End115.61
CR1 Start121.89
Volume & EV
DER(3)-0.75%
DER(5)0.81%
Volume3.81M
Volume Incr-5.97%
Vol(5)2.21M
Vol(50)1.83M