Stock Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
NetApp, Inc. (NASDAQ:NTAP)
Long-Term Downtrend (-90) - NTAP is in a strong downtrend that is likely to continue. While NTAP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for NTAP
The long-term trend has been DOWN since Jan 21st, 2022 at 84.13
The intermediate-term trend has been DOWN since Apr 6th, 2022 at 79.74
The short-term trend has been DOWN since Jun 29th, 2022 at 65.26
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).
|Year High||88.08||Year High Date||2018-09-05|
|Year Low||52||Year Low Date||2018-02-15|
|52wk High||96.82||52wk High Date||2022-01-14|
|52wk Low||62.78||52wk Low Date||2022-06-17|
|Year End Close||33.55||Average Volume||2,007,878|
|Shares Outstanding||221,190||Short Interest||14,429,318|
|% Institutional||90.7||Market Cap||13,375M|