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Stock Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

NetApp, Inc. (NASDAQ:NTAP)

Bear Market Rally (-75) - NTAP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NTAP as it may be in the beginning 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.

NASDAQ_NTAP
Open High Low NTAP Price Change
68.92 70.89 68.74 70.48 +1.04
Entry Signal

MarketClub’s Trade Triangles for NTAP

long term down The long-term trend has been DOWN since Jan 21st, 2022 at 84.13

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2022 at 79.74

short term up The short-term trend has been UP since May 25th, 2022 at 69.24

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).

-75
Smart Scan Analysis for NTAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.92 70.89 68.74 70.48 +1.04
Prev. Close Volume Bid Ask Time
69.44 1675006 2022-05-26 15:59:58
Year High88.08Year High Date2018-09-05
Year Low52Year Low Date2018-02-15
52wk High96.8252wk High Date2022-01-14
52wk Low64.5852wk Low Date2022-05-20
Year End Close33.55Average Volume2,086,015
Shares Outstanding222,536Short Interest14,429,318
% Institutional90.7Market Cap13,375M
Assets950,000,000MLiabilities861,800,000M
P/E Ratio15.6749Beta1.69
Volatility59.72
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