Trading Signals: NTAP Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)(NetApp Inc)
| NTAP latest price $69.7700 (1.16%) ($69.7700 - $69.7700) on Fri. Feb. 12, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.92% (three month average) | RSI | 66 | Latest Price | $69.7700(1.16%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | NTAP advances 0.7% a day on average for past five trading days. | Weekly Trend | NTAP advances 2.1% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Normal for small cap. | Correlated ETFs | Broad market will support NTAP advance at 0% a week (0% probability) FIVG(63%) IWD(60%) IWM(60%) PAVE(60%) SPY(60%) | Factors Impacting NTAP price | NTAP will decline at least -0.96% in a week (0% probabilities). VIXM(-37%) UUP(-18%) VXX(-14%) TBT(-1%) TLT(0%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.96% (StdDev 1.92%) | Hourly BBV | 0.8 () | Intraday Trend | 0% | | | |
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Inflection Point | Yes | 5 Day Moving Average | $69.41(0.52%) | 10 Day Moving Average | $68(2.6%) | 20 Day Moving Average | $66.92(4.26%) | To recent high | -0.1% | To recent low | 47% | Market Cap | $15.28b | | | | NetApp, Inc. engages in the design, manufacture, marketing, and technical support of storage and data management solutions. It offers cloud data services, data storage software, data backup and recovery, all-flash storage, converged systems, data infrastructure management, ONTAP data security, and hybrid flash storage. The company was founded by David Hitz, James K. Lau and Michael Malcolm in April 1992 and is headquartered in Sunnyvale, CA. |