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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.

Open High Low NTAP Price Change
89.08 90.22 88.93 89.40 +0.32
Entry Signal

MarketClub’s Trade Triangles for NTAP

long term up The long-term trend has been UP since Nov 29th, 2023 at 80.02

intermediate term up The intermediate-term trend has been UP since Nov 10th, 2023 at 76.99

short term down 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).

Smart Scan Analysis for NTAP
Strong Downtrend Sideways 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 High88.08Year High Date2018-09-05
Year Low52Year Low Date2018-02-15
52wk High91.7852wk High Date2023-12-01
52wk Low58.0852wk Low Date2022-12-28
Year End Close33.55Average Volume2,148,900
Shares Outstanding206,031Short Interest14,429,318
% Institutional90.7Market Cap13,375M
P/E Ratio27.6646Beta1.69
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