Technical data

Netapp NTAP technical data


Source: Daily Stock Exchange Traders

Longer term trading plans for NTAP
  • Buy NTAP on 90.60 target 96.91 stop loss @ 90.34 Details
  • Summary technical data tells us to buy NTAP near 90.60 with a bullish target of 96.91. This data also tells us to set a stop loss @ 90.34 to protect against an excessive loss in case the stock starts to move against the trade. 90.60 is the first level of support below 93.64, and by rule, any test of support is a buy signal. In this case the 90.60 support is being tested, a buy signal would exist.

  • NTAP runs under 96.91, target 90.60, stop loss @ 97.19 Details
  • The technical summary of the data suggests a decline in NTAP as it approaches 96.91 with a bearish target of 90.60. We should have a stop loss in place at 97.19 however. 96.91 is the first resistance level above 93.64, and by rule, any resistance test is a short signal. In this case, if resistor 96.91 is tested, a short signal would exist.

Swing Trading Plans for NTAP
  • Buy NTAP on 96.91, target n / a, Stop Loss @ 96.63 Details
  • If 96.91 starts to break higher, the technical data summary tells us to buy NTAP just above 96.91, with a bullish target of n / a. The data also tells us to set a stop loss @ 96.63 in case the stock turns against the trade. 96.91 is the first resistance level above 93.64, and by rule, any breakout above resistance is a buy signal. In this case, 96.91 initial resistance would be breaking higher so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • NTAP runs near 96.91, target 93.31, Stop Loss @ 97.19. Details
  • The technical summary of the data suggests NTAP should short if it tests 96.91 with a bearish target of 93.31. We should have a stop loss in place at 97.19 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, 96.91, is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

Day Trading Packages for NTAP
  • Buy NTAP at 94.66, Target 96.91, Stop Loss @ 94.44 Details
  • If 94.66 starts to break higher, technical summary data tells us to buy NTAP just above 94.66, with a bullish target of 96.91. The data also tells us to set a stop loss @ 94.44 in case the stock turns against the trade. 94.66 is the first resistance level above 93.64, and by rule, any breakout above resistance is a buy signal. In this case, 94.66 initial resistance would be breaking higher so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • Short NTAP near 94.66, target 93.31, Stop Loss @ 94.88. Details
  • The technical summary of the data suggests a short sale of NTAP if it tests 94.66 with a bearish target of 93.31. We should have a stop loss in place at 94.88 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, 94.66, is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

NTAP Technical Summary | Raw data for trading plans

Term → Near Environment Long
Bias Strong Neutral Strong
P1 0 0 84.35
P2 92.36 89.57 90.60
P3 94.66 93.31 96.91


NTAP Swing Trading analysis for September 26, 2021


NTAP Day Trading analysis for September 26, 2021

This report was produced using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to help identify the most timely trading strategies for individual stocks and the stock markets themselves. This methodology is also applied to index options, ETFs and futures. The objective of this specific report is to optimize exchanges by Netapp (NASDAQ: NTAP) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of publication, but the support and resistance levels for NTAP change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and stock market crash protection using Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, if NTAP is testing support, buy signals surface and resistance is the target. Conversely, if resistance is tested, it is a sign of controlling risk or selling, and support would be the target on the downside accordingly. In each case, the trigger point is designed to be both a great place to take a position (avoid trading in the middle of a trading channel) and it also acts as a level of risk control.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is further refined to differentiate between Day Trading, Swing Trading and Long Term Investment Plans for NTAP as well. All these elements are proposed under the summary table.

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Fundamental graphics for NTAP


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