Trading Signals: NTAP Stock Price Prediction and Forecast

^ NTAP: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Sun. Oct. 18, 2020

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

(NetApp Inc)
NTAP latest price $47.1650 (0.24%) ($46.6900 - $47.6600) on Sun. Oct. 18, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.14% (three month average)
RSI   74
Latest Price   $47.1650(0.24%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   NTAP advances 0.6% a day on average for past five trading days.
Weekly Trend   NTAP advances 4% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support NTAP advance at 0% a week (0% probability)
(0%)    (0%)    (0%)    (0%)    (0%)
Factors Impacting NTAP price   NTAP will decline at least -1.07% in a week (0% probabilities).
(0%)    (0%)    (0%)    (0%)    (0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.07% (StdDev 2.14%)
Hourly BBV 0 ()
Intraday Trend 0%

5 Day Moving Average   $46.88(0.61%)
10 Day Moving Average   $45.86(2.85%)
20 Day Moving Average   $44.26(6.56%)
To recent high   -2.1%
To recent low   15%
Market Cap   $N/A

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 4.56% (three month std-dev: 2.14%) daily (68% of days).

Sample size 26 Average positive next day return: 1.11%(50%) Average negative next day return: -3.04%(50%) Sample size 26 Average positive next three day return: 2.27%(46%) Average negative next three day return: -3.28%(54%) Sample size 26 Average positive next weekly return: 3.5%(50%) Average negative next weekly return: -4.65%(50%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20201118

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	Oct_16_2020	43.93	44.26	45.86	46.88	46.93	46.96	47.17(0.24%)	UT	OpenLong	75	0.1	37	10	11	116	1.33	58%	0.07	37.3	2.14%	1.1	1.4	74	1.4
2	Oct_15_2020	43.9	44.03	45.43	46.62	46.76	46.8	47.05(0.81%)	UT	HoldLong	65	0.2	31	10	4	112	1.4	58%	0.02	32.3	2.14%	0.9	1.6	79	1.6
3	Oct_14_2020	43.89	43.82	45.02	46.46	46.57	46.89	46.67(-0.44%)	UD	OpenLong	75	0.1	43	60	16	123	1.56	58%	0.02	29.2	2.15%	-0	1.6	80	2
4	Oct_13_2020	43.88	43.71	44.73	46.04	46.31	46.73	46.88(0.55%)	UT	HoldLong	65	0.5	59	80	34	134	2.42	58%	0.09	19.5	2.15%	1.6	1.8	82	2.1
5	Oct_12_2020	43.84	43.61	44.43	45.34	45.68	46.25	46.62(1.66%)	UT	OpenLong	75	0.8	55	110	32	123	2.01	58%	0.02	9.5	2.15%	1.9	1.9	75	2.7

6	Oct_9_2020	43.83	43.53	44.1	44.68	44.96	45.9	45.86(-0.89%)	UD	OpenLong	75	0.8	60	170	41	118	1.85	58%	0.02	-5.3	2.15%	0.6	1.6	75	2.6
7	Oct_8_2020	43.82	43.42	43.71	44.06	44.3	45.11	46.27(3.77%)	UT	OpenLong	75	1.6	61	140	49	95	2.94	58%	0	-25.8	2.19%	1.8	2	66	1.7
8	Oct_7_2020	43.82	43.3	43.22	43.39	43.54	44.02	44.59(2.79%)	UT	OpenLong	75	0.8	28	90	20	52	1.67	51%	0	-50	2.16%	1.6	0.9	56	1
9	Oct_6_2020	43.82	43.38	42.88	43.25	43.23	43.48	43.38(0.16%)	UT	OpenLong	75	0.1	9	40	5	19	1.66	52%	-0.02	-52.2	2.22%	-0.1	0	40	0.3
10	Oct_5_2020	43.83	43.46	42.74	43.38	43.33	43.06	43.31(1.29%)	N/A	N/A	0	-0	-1	-50	-1	1	2.44	52%	0.02	-56	2.27%	0.7	-0.1	38	0.6

11	Oct_2_2020	43.82	43.6	42.55	43.43	43.48	42.98	42.76(-0.3%)	DT	OpenShort	-75	-0.4	-15	-80	-12	-24	1.88	52%	0.02	-49.5	2.28%	-0.9	-0.5	35	0.4
12	Oct_1_2020	43.81	43.78	42.53	43.27	43.61	43.6	42.89(-2.37%)	DT	HoldShort	-50	-0.2	-6	20	3	-32	2.08	52%	0.02	-43	2.28%	-1.9	-0.5	45	0.8
13	Sep_30_2020	43.8	44.03	42.55	42.98	43.25	43.97	43.93(-0.14%)	N/A	N/A	0	0.5	11	140	28	-40	2.56	54%	0.02	-29.3	2.28%	-0.3	-0.1	47	0.8
14	Sep_29_2020	43.79	44.16	42.62	42.44	42.57	43.63	43.99(0.94%)	N/A	N/A	0	0.8	16	180	41	-61	1.74	54%	0	-25.2	2.28%	1.1	-0.1	38	0.9
15	Sep_28_2020	43.79	44.31	42.72	42.02	41.97	42.54	43.58(3.92%)	N/A	N/A	0	0.7	9	90	37	-77	2.33	54%	-0.02	-18.8	2.28%	1.4	-0.3	43	0.7

16	Sep_25_2020	43.8	44.42	42.87	41.58	41.56	41.52	41.94(1.16%)	DP	OpenShort	-65	0.2	-27	-10	1	-111	1.61	54%	-0.02	-15.4	2.31%	1.1	-1.2	33	0.6
17	Sep_24_2020	43.81	44.54	43.08	41.71	41.46	41.41	41.46(0.56%)	DP	OpenShort	-75	-0.1	-44	-30	-16	-127	1.71	54%	-0.05	-9	2.32%	-0.6	-1.5	30	0.3
18	Sep_23_2020	43.83	44.61	43.38	42.05	41.82	41.61	41.23(-1.56%)	DT	OpenShort	-75	-0.4	-48	-50	-19	-135	2.04	54%	0	-2.9	2.36%	-0.6	-1.7	25	0.1
19	Sep_22_2020	43.83	44.67	43.92	42.82	42.27	41.51	41.88(1.2%)	DP	OpenShort	-75	-0.5	-58	-160	-37	-122	2.49	54%	0.05	9.8	2.35%	0.2	-1.4	34	0.7
20	Sep_21_2020	43.81	44.72	44.26	43.54	43.2	42.02	41.39(-2.91%)	DT	OpenShort	-75	-1.1	-66	-210	-49	-116	2.5	54%	-0.02	22.8	2.39%	-1	-1.7	30	0.8

21	Sep_18_2020	43.82	44.75	44.78	44.34	44.26	43.03	42.63(-1.23%)	DT	OpenShort	-75	-0.9	-54	-200	-42	-88	3.66	57%	-0.02	34.4	2.39%	-0.9	-1.1	42	1.1
22	Sep_17_2020	43.83	44.72	45.18	44.63	44.87	44.39	43.16(-4.23%)	DT	OpenShort	-75	-0.7	-38	-60	-30	-62	3.41	57%	-0.05	37	2.39%	-1.6	-0.8	51	1.1
23	Sep_16_2020	43.85	44.66	45.68	44.88	45.08	45.48	45.06(-0.88%)	DT	OpenShort	-75	0.1	-6	80	-2	-16	2.36	61%	0.07	35.4	2.35%	-1.1	0.2	62	0.7
24	Sep_15_2020	43.82	44.48	45.84	45.18	44.98	45.36	45.46(0.15%)	UT	OpenLong	75	0.1	16	50	13	24	3	61%	0.07	32.4	2.38%	0.5	0.4	64	0.6
25	Sep_14_2020	43.79	44.28	46.03	45.13	45.17	44.68	45.39(3%)	UT	HoldLong	50	0.1	9	-70	-3	43	2.79	61%		25	2.38%	0.5	0.5	62	0.6
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

Click to see actual return for next trading day.