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- 8/8/2025 -
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NetApp, Inc. (NTAP) Technical Analysis

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Summary:
Weekly :Broken trend support lineWilliams' Percentage Range is overbought
Daily :Broken trend resistance lineThe price has risen above the Parabolic SARPrice has crossed above the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger BandsThe period of low volatility of the stock price
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It was a first positive week for the NetApp, Inc. (NTAP). During the week, the NTAP gained 5.11 points, or 5.05%, and closed at 106.21 on Friday, August 8, 2025. It was the best weekly gain since June 6, 2025. Weekly volume was -29% below average.

Long-term trend: [See NTAP long-term trend chart]
A long-term downtrend had started on November 22, 2024 at 135.40 and reached 71.84 on April 7, 2025. NTAP lost 63.56 points, or 46.94%, in 19 weeks. The price is now at the 54.07% retracement level.

Medium-term trend: [See NTAP medium-term trend chart]
A medium-term uptrend had started on April 7, 2025 at 71.84 and reached 110.32 on July 18, 2025. NTAP gained -38.48 points, or -53.56%, in 14 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (122.72) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.

Weekly Technical Indicators: [See NTAP weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.

The weekly MACD line is above its signal line since May 16, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See NTAP short-term trend chart]
A short-term downtrend had started on July 18, 2025 at 110.32 and reached 100.56 on August 1, 2025. NTAP lost 9.76 points, or 8.85%, in 14 days. The chart has formed a Broadening Descending Wedge chart pattern. The downtrend resistance line (96.74) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.

Daily Technical Indicators: [See NTAP daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since July 3, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 6.78% on Friday. It is 57.08% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 46.92
Williams' Percentage Range (W%R) 59.50
Lane's Stochastic (%D-Slow) 43.08
Greed/Fear Indicator (GFI) 43.50
Moving Average Converg./Diverg. (MACD) 0.01
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.17
Williams' Percentage Range (W%R) 15.10
Overbought
Lane's Stochastic (%D-Slow) 69.98
Greed/Fear Indicator (GFI) 69.89
Moving Average Converg./Diverg. (MACD) -2.35
Trading Signals
Description Value Chart
Monthly Trendline Support 122.72
Monthly Trendline Resistance 113.47
Upper Bollinger Band 108.14
Weekly Stochastic Crossing 106.73
Price 106.21
Weekly Trendline Resistance 105.17
20 Day Moving Average 104.87
50 Day Moving Average 104.44
Daily Stochastic Crossing 103.21
Lower Bollinger Band 100.95
Parabolic System 100.45
Weekly Trendline Support 96.74
Sector and Industry
Description Name Rank
Sector Information Technology 7
Industry Technology Hardware, Storage & Peripherals 75
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 100.56
Low Date 08/01/2025
High 106.49
High Date 08/08/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Broken Resistance
Resistance 105.17
Support 96.74
High 110.32
High Date 07/18/2025
Low 100.56
Low Date 08/01/2025
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 113.47
Support 122.72
Low 71.84
Low Date 04/07/2025
High 110.32
High Date 07/18/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 135.40
High Date 11/22/2024
Low 71.84
Low Date 04/07/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 20.66
Low Date 01/20/2016
High 135.40
High Date 11/22/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.