NETSCOUT SYSTEMS INC (NTCT) Stock Technical Analysis
NASDAQ:NTCT - Nasdaq - US64115T1043 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to NTCT. NTCT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
NTCT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
When comparing the performance of all stocks over the past year, NTCT turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
NTCT is part of the Communications Equipment industry. There are 49 other stocks in this industry, NTCT did better than 56% of them.
In the last month NTCT has a been trading in the 18.12 - 22.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NTCT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 21.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.43, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NTCT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
19.10
23.57
When analyzing the support we notice one important area.
- A support zone ranging from 19.29 to 19.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.65 to 21.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @23.34 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.51
Mansfield0.32
10 Day High20.76
10 Day Low18.61
20 Day High22.07
20 Day Low18.12
52 Week High27.89
52 Week Low17.1
Performance
1 Week0.1%
2 Weeks4.25%
1 Month-7.88%
3 Month-12.25%
6 Month-2.52%
12 Month1.11%
2 Year-26.06%
3 Year-34.68%
5 Year-24.02%
10 Year-51.05%
15 Year38.57%
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)0.04
RSI(14)43.62
LBB18.9
UBB21.15
20.12
+0.29 (+1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.46%
1 Week0.1%
2 Weeks4.25%
1 Month-7.88%
3 Month-12.25%
6 Month-2.52%
12 Month1.11%
2 Year-26.06%
3 Year-34.68%
5 Year-24.02%
10 Year-51.05%
15 Year38.57%
Volatility
ATR(14)0.93
ATR(20)%3.95%
ATR Inc-58.79%
Range Today0.42
ADR(20)0.72
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.51
Mansfield0.32
10 Day High20.76
10 Day Low18.61
20 Day High22.07
20 Day Low18.12
52 Week High27.89
52 Week Low17.1
CS1 End19.43
CR1 Start21.65
Volume & EV
DER(3)4.19%
DER(5)3.32%
Volume386.80K
Volume Incr-14.39%
Vol(5)456.78K
Vol(50)486.01K