Trading Signals: NTAP Stock Price Prediction and Forecast

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Fri. Apr. 16, 2021

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

(NetApp Inc)
NTAP latest price $77.8700 (1.53%) ($77.8700 - $77.8700) on Fri. Apr. 16, 2021.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.72% (three month average)
RSI   63
Latest Price   $77.8700(1.53%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   NTAP advances 1.1% 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   Value stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support NTAP advance at 0% a week (0% probability)
FIVG(64%)    IWD(61%)    SPY(61%)    IVE(60%)    DIA(59%)
Factors Impacting NTAP price   NTAP will decline at least -1.36% in a week (0% probabilities).
VIXM(-37%)    UUP(-18%)    VXX(-12%)    IGOV(-4%)    TLT(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.36% (StdDev 2.72%)
Hourly BBV 0.9 ()
Intraday Trend 0%

5 Day Moving Average   $75.98(2.49%)
10 Day Moving Average   $74.93(3.92%)
20 Day Moving Average   $73.25(6.31%)
To recent high   0%
To recent low   27.6%
Market Cap   $17.054b

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 3.34% (three month std-dev: 2.72%) daily (68% of days).

Sample size 50 Average positive next day return: 1.85%(60%) Average negative next day return: -1.84%(40%) Sample size 50 Average positive next three day return: 3.74%(54%) Average negative next three day return: -2.54%(46%) Sample size 50 Average positive next weekly return: 4.33%(56%) Average negative next weekly return: -2.73%(44%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20210516

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	Apr_16_2021	66.75	73.25	74.93	75.98	76.18	77.23	77.87(1.53%)	UT	OpenLong	75	0.8	41	100	35	60	1.49	60%	0.18	70.7	2.72%	0.9	1.9	63	1.8
2	Apr_15_2021	66.63	72.85	74.48	75.16	75.35	76.28	76.7(0.29%)	UT	OpenLong	75	0.7	40	90	35	55	1.9	60%	0.36	71.6	2.74%	0.3	1.7	72	1.8
3	Apr_14_2021	66.39	72.55	74.1	74.55	74.65	75.13	76.48(2.98%)	UT	HoldLong	65	0.9	32	50	25	54	2.35	60%	0.35	78.2	2.75%	0.3	1.9	76	1.4
4	Apr_13_2021	66.16	72.18	73.65	73.97	74.07	74.42	74.27(-0.39%)	UD	OpenLong	75	0.1	19	40	9	50	0.83	58%	0.32	85.9	2.73%	0.3	1	73	1.7
5	Apr_12_2021	65.95	71.91	73.45	73.74	73.9	74.17	74.56(1.07%)	UT	OpenLong	75	0.4	22	30	12	53	0.76	58%	0.37	95.1	2.74%	1.9	1.3	63	1.8

6	Apr_9_2021	65.71	71.56	73.4	73.73	73.54	73.73	73.77(0.12%)	UT	OpenLong	75	0	15	10	0	60	1.03	58%	0.35	104	2.72%	0.6	1	62	1.5
7	Apr_8_2021	65.48	71.27	73.1	73.68	73.72	73.64	73.68(0.12%)	UT	OpenLong	75	0	21	-10	7	64	1.16	58%	0.35	117.7	2.74%	1.3	1.1	62	1.5
8	Apr_7_2021	65.25	70.95	72.63	73.56	73.69	73.35	73.59(0.66%)	UD	OpenLong	65	0	10	-30	-4	53	1.01	58%	0.37	118.7	2.74%	-0	1.1	58	1.4
9	Apr_6_2021	65.01	70.5	72.13	73.27	73.56	73.8	73.11(-1.84%)	UD	OpenLong	75	-0.1	13	30	1	49	1.37	58%	0.34	103.5	2.74%	-0.5	1	63	1.2
10	Apr_5_2021	64.79	70	71.88	73.09	73.31	74.02	74.48(1.25%)	UT	OpenLong	75	0.5	29	80	19	59	1.23	58%	0.68	85	2.73%	1.5	1.5	68	1.3

11	Apr_1_2021	64.35	69.37	71.46	73.04	72.75	73.32	73.56(0.66%)	UT	OpenLong	75	0.1	30	40	17	68	1.46	58%	0.39	68.5	2.72%	0.9	1.1	70	1.3
12	Mar_31_2021	64.1	68.76	71.11	72.44	72.92	72.61	73.08(1.36%)	UT	OpenLong	75	0.2	35	-10	24	68	1.12	58%	0.38	64.6	2.74%	0.6	1.2	66	1.2
13	Mar_30_2021	63.86	68.3	70.87	71.54	72.29	72.18	72.1(-0.17%)	UT	HoldLong	50	0.2	12	20	-2	54	1.37	58%	0.38	48.8	2.75%	-0.6	1	67	1.2
14	Mar_29_2021	63.62	67.88	70.57	70.79	71.4	73.24	72.22(-2.75%)	UD	OpenLong	75	0.4	38	210	28	68	1.85	58%	0.41	36.9	2.75%	0.1	1.2	73	1
15	Mar_26_2021	63.36	67.52	70.23	70.46	70.58	72.39	74.26(5.3%)	UT	HoldLong	65	1.1	78	180	71	100	1.48	60%	0.46	27.1	2.71%	2.1	1.9	82	1.4

16	Mar_25_2021	63.07	66.93	69.52	69.69	69.66	69.56	70.52(2.77%)	UT	HoldLong	65	0.2	33	-10	16	85	1.43	56%	0.41	10.5	2.65%	1.4	1.1	81	1.1
17	Mar_24_2021	62.81	66.47	69.27	69.64	69.63	68.76	68.62(0.42%)	UD	OpenLong	65	-0.3	1	-90	-29	91	1.27	54%	0.37	1	2.65%	-1.4	0.6	80	1
18	Mar_23_2021	62.58	66.57	69.14	70.11	70.05	69.77	68.33(-3.2%)	UD	OpenLong	65	-0.5	13	-30	-21	116	0.9	54%	0.4	9	2.65%	-2.8	0.5	64	1.1
19	Mar_22_2021	62.33	66.6	68.79	70.26	70.55	70.5	70.59(0.26%)	UT	OpenLong	75	0.1	43	10	11	139	0.72	60%	0.45	10.6	2.62%	-0.2	1.1	71	1.9
20	Mar_19_2021	62.05	66.6	68.04	69.9	70.18	70.33	70.41(0.22%)	UT	OpenLong	75	0.1	37	30	7	126	1.21	60%	0.44	9.4	2.61%	-0.6	1.1	64	1.6

21	Mar_18_2021	61.78	66.57	67.18	69.3	69.66	70.6	70.26(-0.97%)	UD	OpenLong	75	0.3	48	110	24	120	1.54	60%	0.47	7.9	2.63%	0.5	1	69	1.2
22	Mar_17_2021	61.49	66.43	66.27	68.85	68.95	70.03	70.94(2.65%)	UT	OpenLong	75	0.6	62	110	42	121	1.45	60%	0.46	3.6	2.63%	2	1.3	74	2.1
23	Mar_16_2021	61.21	66.26	65.54	68.07	68.22	68.72	69.11(0.49%)	UT	OpenLong	75	0.3	45	60	33	80	0.91	57%	0.41	-4.9	2.61%	1.5	0.8	45	1.9
24	Mar_15_2021	60.96	66.22	64.97	67.1	67.7	67.87	68.77(2.02%)	UT	OpenLong	75	0.5	32	40	29	41	1.67	57%	0.38	-14.1	2.63%	1.4	0.8	49	2.4
25	Mar_12_2021	60.73	66.24	64.56	65.88	66.68	67.72	67.41(-0.9%)	N/A	N/A	0	0.4	23	150	31	-1	0.7	57%		-20.7	2.6%	-0.5	0.3	44	1.8
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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