Trading Signals: NTAP Stock Price Prediction and Forecast

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Wed. Mar. 3, 2021

Trading Signals: NTAP Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(NetApp Inc)
NTAP latest price $63.9600 (0.41%) ($63.9600 - $63.9600) on Wed. Mar. 3, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.48% (three month average)
RSI   43
Latest Price   $63.9600(0.41%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   NTAP declines -2.3% a day on average for past five trading days.
Weekly Trend   NTAP declines -4.3% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Rotation from growth to value for small cap.
Correlated ETFs   Broad market will support NTAP advance at 0% a week (0% probability)
FIVG(64%)    SPY(61%)    IVE(60%)    IWD(60%)    IWM(60%)
Factors Impacting NTAP price   NTAP will decline at least -1.24% in a week (0% probabilities).
VIXM(-37%)    UUP(-18%)    VXX(-14%)    TBT(-2%)    TLT(1%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.24% (StdDev 2.48%)
Hourly BBV -0.8 ()
Intraday Trend 0%

1 - 5 Day Possible Target   $56.83(-11.15%)
Resistance Level   $67.58
5 Day Moving Average   $63.36(0.95%)
10 Day Moving Average   $66.66(-4.05%)
20 Day Moving Average   $67.58(-5.36%)
To recent high   -10.6%
To recent low   9.5%
Market Cap   $14.007b

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.

$. NTAP price fluctuates within 4.25% (three month std-dev: 2.48%) daily (68% of days).

Sample size 23 Average positive next day return: 2.39%(48%) Average negative next day return: -1.89%(52%) Sample size 23 Average positive next three day return: 3.69%(48%) Average negative next three day return: -2.68%(52%) Sample size 23 Average positive next weekly return: 3.64%(57%) Average negative next weekly return: -5.5%(43%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210403

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Mar_3_2021	59.46	67.58	66.66	63.36	63.75	63.83	63.96(0.41%)	DP	OpenShort	-75	0.2	-40	30	-17	-110	1.13	62%	0.3	-34.6	2.48%	-0.8	-1.3	43	0.3
2	Mar_2_2021	59.28	67.67	67.1	64.87	63.06	64.17	63.7(-2.36%)	DT	OpenShort	-75	-0.4	-42	40	-25	-92	2.08	68%	0.3	-22.2	2.48%	-0.3	-1.4	40	1
3	Mar_1_2021	59.1	67.82	67.64	66.01	64.84	63.67	65.24(4.05%)	DT	HoldShort	-50	-0.3	-10	-180	6	-56	3.14	68%	0.34	-10.6	2.72%	1.2	-1	43	1
4	Feb_26_2021	58.9	67.91	68.1	67.17	66.02	61.95	62.7(2.43%)	DP	OpenShort	-75	-1.7	-110	-480	-120	-81	2.47	66%	0.29	4.4	2.64%	-0.8	-2	44	0.5
5	Feb_25_2021	58.73	68.18	68.79	68.9	68.15	66	61.21(-14.4%)	DT	OpenShort	-75	-3.3	-100	-250	-119	-43	6.26	62%	0.31	30.4	2.65%	-1.9	-3	43	0.2

6	Feb_24_2021	58.55	68.58	69.63	70.28	70.56	70.1	71.51(3.06%)	UT	OpenLong	75	0.7	26	-30	16	57	2.18	86%	0.5	75	1.91%	1.1	1.7	68	1.4
7	Feb_23_2021	58.26	68.3	69.44	69.62	69.87	70.29	69.39(-2.34%)	UD	OpenLong	65	-0.1	4	50	-12	50	1.46	86%	0.47	71.1	1.92%	-0.9	0.6	68	1.3
8	Feb_22_2021	57.99	68.11	69.47	69.5	69.58	71.01	71.05(-0.43%)	UD	OpenLong	75	0.9	61	150	52	89	1.59	92%	0.52	69.3	1.92%	0.7	1.7	69	1.1
9	Feb_19_2021	57.69	67.8	69.11	69.25	69.07	69.46	71.36(4.82%)	UT	OpenLong	75	1.2	56	30	46	85	3.23	92%	0.51	63.8	1.91%	1.8	2	67	1.5
10	Feb_18_2021	57.4	67.47	68.65	68.77	68.8	68.15	68.08(-0.21%)	N/A	N/A	0	-0.4	-3	-60	-20	48	1.14	90%	0.44	60	1.83%	-0.5	0.4	54	1.3

11	Feb_17_2021	57.15	67.31	68.53	68.9	69.02	68.68	68.22(-0.86%)	N/A	N/A	0	-0.4	-11	-30	-28	41	1.29	90%	0.46	55.1	1.83%	-1	0.5	48	1.4
12	Feb_16_2021	56.89	67.12	68.26	69.23	69.11	69.45	68.81(-1.38%)	UD	OpenLong	65	-0.2	12	30	-4	58	1.42	91%	0.73	55.7	1.83%	-0.5	0.9	62	1.2
13	Feb_12_2021	56.48	66.92	68	69.41	69.11	69.37	69.77(1.16%)	UT	OpenLong	75	0.2	36	0	23	75	0.71	85%	0.52	57.8	1.92%	0.8	1.5	66	1.5
14	Feb_11_2021	56.19	66.71	67.67	68.93	69.29	68.77	68.97(0.38%)	UT	OpenLong	75	0	16	-40	1	60	0.98	85%	0.52	55.8	2%	-0.3	1.3	66	1.3
15	Feb_10_2021	55.9	66.51	67.5	68.49	68.88	69.22	68.71(-1.65%)	UT	HoldLong	50	0.1	13	50	-2	59	1.83	85%	0.5	50.8	2.01%	-1.3	1.3	65	1

16	Feb_9_2021	55.62	66.37	67.46	68.08	68.44	69.8	69.87(0.19%)	UT	OpenLong	75	1.1	66	150	58	91	0.8	87%	0.52	49.2	1.99%	1.3	2.2	71	1.1
17	Feb_8_2021	55.33	66.12	67.04	67.14	67.64	68.54	69.74(3.54%)	UT	OpenLong	75	1.9	63	120	60	72	0.81	87%	0.51	39.3	2.09%	1.7	2.7	71	1.1
18	Feb_5_2021	55.05	65.87	66.6	66.4	66.6	67.08	67.35(0.82%)	UT	OpenLong	75	0.9	22	60	15	42	0.97	87%	0.46	26.1	2.06%	1	1.4	64	1.1
19	Feb_4_2021	54.8	65.76	66.35	66.26	66.28	66.74	66.8(0.19%)	UT	OpenLong	75	0.5	18	50	13	34	0.76	83%	0.4	22.8	2.09%	1.1	1	54	1.1
20	Feb_3_2021	54.58	65.68	66.18	66.38	66.24	66.13	66.67(2.38%)	UT	HoldLong	50	0.3	7	-20	-1	30	1.57	84%	0.4	28.6	2.13%	0.9	1	57	0.7

21	Feb_2_2021	54.36	65.6	65.98	66.76	66.42	65.83	65.12(-1.45%)	N/A	N/A	0	-1.7	-13	-80	-25	25	1.48	84%	0.37	36.4	2.14%	-1.5	-0.5	46	-0.1
22	Feb_1_2021	54.16	65.6	65.93	66.89	67.16	66.36	66.08(-0.85%)	N/A	N/A	0	-0.8	-2	-70	-13	30	1.94	84%	0.43	35.5	2.13%	-0.7	0.5	55	-1.3
23	Jan_29_2021	53.93	65.59	65.79	66.78	67.09	67.01	66.64(-1.1%)	N/A	N/A	0	-0.1	-4	10	-14	26	2.54	85%	0.43	32.1	2.13%	-1.2	1	58	-2.7
24	Jan_28_2021	53.7	65.52	65.7	66.42	66.82	67.97	67.38(-1.72%)	UD	OpenLong	75	1	35	140	34	39	2.69	80%	0.39	20.3	2.17%	0.2	1.9	60	-2.2
25	Jan_27_2021	53.49	65.39	65.46	65.94	66.18	67.18	68.56(4.21%)	UT	OpenLong	75	2.9	53	120	58	37	3.82	80%		10.1	2.24%	1.2	3.5	66	-3
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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