netapp technical analysis charts
TRANSCRIPT
June 14, 2016
NTAP: NetApp technical analysis charts
On Monday, compared to Friday, price action opened lower (24.49, vs Friday's
close of 24.54), saw a lower high (24.81, vs Friday's high of 24.84) and lower low
(24.34, vs Friday's low of 24.39); and closed lower (24.36, vs Friday's close of
24.54). The day's range was 47 ticks.
On the DAILY BOLLINGER BANDS CHART below, Monday represents the 2nd
consecutive close below the middle of the Bollinger Band envelope (24.68). The
Bollinger Bands (23.37-25.98) are converging; and narrowed from a width of 297
ticks on Friday to a width of 261 ticks on Monday.
The RSI (46.22) below is in neutral mode between the key 20 (oversold) and 80
(overbought) levels.
June 14, 2016
The MACD 12 day moving average is below the MACD 26 day moving average;
both are above zero. The MACD 12 day moving average has just crossed below
the MACD 26 day moving average, generating a negative signal.
The Slow Stochastics, below, are in negative mode, with the K line below the D
line.
The Commodity Channel Index (-14.71), below, is in negative mode below the
overbought 200 level.
On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action fell away
from the bottom of the 20 day moving average envelope (24.68). The parameters
of the envelope (23.94-25.42) are pointing higher.
June 14, 2016
On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving
average (24.80, moving down) is above the 20 day moving average (24.68, moving
up), in positive mode. The 3-50 day strip of moving averages ranges from the 30
day moving average (24.15) at the bottom of the range to the 10 day moving
average (24.95) at the top of the range.
The Parabolic Stop and Reverse (25.63) below is in the 12th day of sell mode.
June 14, 2016
On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 1st
consecutive entire week below the middle of the Bollinger Bands envelope
(24.81). The Bollinger Bands (21.91-27.72) are converging; contracting from a
width of 632 ticks on Friday to a width of 581 ticks on Monday.