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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

NetApp, Inc. (NASDAQ:NTAP)

Long-Term Uptrend (+90) - NTAP is in a strong uptrend that is likely to continue. While NTAP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid NTAP?

MarketClub looks at technical strength and momentum to determine if the timing is right for NTAP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NTAP
Open High Low NTAP Price Change
104.9700 105.7699 104.8000 104.9300 -0.2900
Entry Signal

MarketClub’s Trade Triangles for NTAP

long term up The long-term trend has been UP since Nov 29th, 2023 at 80.020

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2024 at 90.950

short term up The short-term trend has been UP since Mar 20th, 2024 at 103.405

Smart Scan Analysis for NTAP

Based on our trend formula, NTAP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NTAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
104.9700 105.7699 104.8000 104.9300 -0.2900
Prev. Close Volume Bid Ask Time
104.9700 715827 2024-03-28 15:59:58
Year High88.08Year High Date2018-09-05
Year Low52Year Low Date2018-02-15
52wk High112.4852wk High Date2024-03-01
52wk Low60.9252wk Low Date2023-04-26
Year End Close33.55Average Volume2,851,035
Shares Outstanding20,638Short Interest14,429,318
% Institutional90.7Market Cap13,375M
Assets936,900,000MLiabilities837,500,000M
P/E Ratio23.9136Beta1.69
Volatility59.72
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