Country Icon

NetApp, Inc. (NTAP) - Buy, Sell or Hold?

Sector: Technology   Sub-Sector: Electronic Components
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Thu, 15 Jun 2017NoneDojiTue, 13 Jun 2017-2.52%
***Stock database and scans are updated around midnight (New York time) every trading day.
39.11 0.00 (0%) Jun 22 4:00pm EDT
Open: 38.59 Range: 38.58 - 39.36 Vol: 3.11M Avg Vol: 2.94M
EPS: 1.81 P/E ratio: 20.98 EBITDA: 933.00M Mkt Cap: 10.25B
Analyze "NTAP" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 38.78
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 39.81
Last Trade is below the 50 day moving average at 40.10
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 37.59
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of NTAP

Stock Trend Analysis - Buy, Sell or Hold "NetApp, Inc." (NTAP)?

NTAP is in a very strong uptrend. In the last 52 weeks, NTAP has been trading above the 200 day moving average for 85% of the time with an average daily volume of 2.9M shares being traded. The 50 day moving average, currently at 40.10, although still maintaining a bullish inclination, is however exhibiting characteristics of a medium term trading range. As the dominant long term trend is still up strongly, the high probability trade is still buying the dips. The 20 day moving average is in a trading range and is generally bucking the trend with a bearish bias. NTAP was only able to maintain above the 20 SMA for 30% of the time in the last month of trading. Objectively, in a strong uptrend, the high probability strategy is to buy dips. A good area for traders who are considering taking a long position in NTAP is near the 200 SMA currently at 37.59. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "NTAP".

The analyst consensus estimates for the 1 year price target for this stock is $42.52* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Thu, 15 Jun 2017
Technology Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
AERAercap Holdings N.V.Buy, Sell or HoldTrading Levels & Pivots
DDD3D Systems CorporationBuy, Sell or HoldTrading Levels & Pivots
SLABSilicon Laboratories, Inc.Buy, Sell or HoldTrading Levels & Pivots
VMWVmware, Inc.Buy, Sell or HoldTrading Levels & Pivots
ZIXIZix CorporationBuy, Sell or HoldTrading Levels & Pivots
ULTIThe Ultimate Software Group, Inc.Buy, Sell or HoldTrading Levels & Pivots
SMTCSemtech CorporationBuy, Sell or HoldTrading Levels & Pivots
DCMNTT DOCOMO, IncBuy, Sell or HoldTrading Levels & Pivots
FORMFormFactor, Inc.Buy, Sell or HoldTrading Levels & Pivots
FLEXFlextronics International Ltd.Buy, Sell or HoldTrading Levels & Pivots