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NTAP Stock Forecast & NetApp Chart Analysis

This article provides a detailed analysis of NTAP-NetApp stock including a forecast for NTAP shares. It features NetApp, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

NTAP Historical Data Review

NTAP Current Price Performance Analysis

The NetApp - NTAP stock traded on the American stock market, on 06-05-2024, closed at 122.26$ with a %2.74 increased compared to the previous day.

In the last month, the price of NTAP changed by %13.26 increased in value, from 107.95 dollars on 05-06-2024 to 122.26 dollars, increased.

Last year, the price of NTAP was 70.06 dollars on 06-06-2023, and changed by %74.51 increased in value, to 122.26 dollars increased within a year.

The price of NetApp stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

NTAP with AI Stock Forecast & Price Target

NTAP stock forecast NetApp price target

On the NTAP chart NetApp price was recorded as 122.26 Dollars on 06/05/2024.

The artificial intelligence's forecast on NTAP stock is as follows.

The artificial intelligence's prediction error margin for NTAP stock is high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for NetApp stock over the next 4 months is: 125.9 Dollars.

The commentary on NTAP stock Target Price: Highest: 137.152 Dollars is predicted.

The commentary on NTAP stock Target Price: Lowest: 107.68 Dollars is predicted.

Resistance Price where NetApp stock will Rise and Fall:

Date Price Prediction
10-03-2024 122.369
12-12-2024 137.152
02-05-2025 134.885

Support Price where NetApp stock will Fall and Rise:

Date Price Prediction
06-25-2024 107.680
10-08-2024 122.355
01-31-2025 134.787
03-17-2025 128.946

The commentary on NTAP stock: The target price can generally be said to be on the rise.

The commentary on NTAP stock: Fluctuations in the target price can be expected in the coming days.

The target price for NetApp stock by the end of 2024 is predicted to be 136.678 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on NTAP stock, and the 2024 target price predictions for NetApp are detailed above.

The technical analysis and charts for the commentary on NTAP stock are below.

NTAP Support & Resistance and Trend Analysis

NTAP review NetApp technical analysis trend chart NTAP priceNTAP stock support and resistance price chart

NTAP stock you have reviewed the technical analysis support resistance charts regarding.

NTAP : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the NTAP review, the NetApp support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

NetApp Support and Resistance Prices:

NTAP Support Level Price NTAP Resistance Level Price
76.89 88.94
83.62 90.34
83.80 90.69
85.64 90.95
87.53 91.78
87.77 108.82
97.31 112.48
97.75
100.66
101.66

NTAP Technical Analysis: SMA, RSI, MACD

NTAP review NetApp SMA chart analysis NTAP priceNTAP buy or sell review NetApp MACD chart analysis NTAP price

Upon reviewing the NTAP chart, buy and sell signals have been generated in the NetApp technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for NTAP stock are as follows:
  1. The technical analysis for NTAP indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  2. The technical analysis for NetApp issued a 'Buy' signal when the MACD was at 0.164, with the current MACD value being: 4.071

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.