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Stock Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
NetApp, Inc. (NASDAQ:NTAP)
Bull Market Weakness (+75) - NTAP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NTAP as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for NTAP
The long-term trend has been UP since Nov 29th, 2023 at 80.02
The intermediate-term trend has been UP since Nov 10th, 2023 at 76.99
The short-term trend has been DOWN since Dec 6th, 2023 at 89.32
Smart Scan Analysis for NTAP
Based on our trend formula, NTAP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 89.08 | 90.22 | 88.93 | 89.40 | +0.32 |
| Prev. Close | Volume | Bid | Ask | Time |
| 89.39 | 1110219 | 2023-12-08 15:58:50 |
| Year High | 88.08 | Year High Date | 2018-09-05 |
| Year Low | 52 | Year Low Date | 2018-02-15 |
| 52wk High | 91.78 | 52wk High Date | 2023-12-01 |
| 52wk Low | 58.08 | 52wk Low Date | 2022-12-28 |
| Year End Close | 33.55 | Average Volume | 2,148,900 |
| Shares Outstanding | 206,031 | Short Interest | 14,429,318 |
| % Institutional | 90.7 | Market Cap | 13,375M |
| Assets | 907,300,000M | Liabilities | 830,300,000M |
| P/E Ratio | 27.6646 | Beta | 1.69 |
| Volatility | 59.72 |