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Downtrend Broken Resist.Archive
- 10/31/2025 -
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NetApp, Inc. (NTAP) Technical Analysis
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| Summary:
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| | It was a first positive week for the NetApp, Inc. (NTAP). During the week, the NTAP climbed 1.14 points, or 0.98%, and closed at 117.78 on Friday, October 31, 2025. Weekly volume was -18% below average.
NTAP is a member of Information Technology Sector. Information Technology is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 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 72.28% 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 126.66 on September 19, 2025. NTAP gained -54.82 points, or -76.31%, in 23 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (124.17) 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 technical indicators are neutral.
The weekly MACD line is above its signal line since May 16, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 September 19, 2025 at 126.66 and reached 112.63 on October 10, 2025. NTAP lost 14.03 points, or 11.08%, in 21 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See NTAP daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since September 22, 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.
The price is close to the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 7.44% on Friday. It is 50.06% 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 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish 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.
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