Should I Buy NetApp Inc Stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. NTAP has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.
NTAP stock price ended at $98 on Friday, after losing -1.78%
The NetApp Inc stock price decreased by -1.78% on the last trading day (23 May 2025), dropping from 97.92 to 98. Throughout the last trading session, the stock experienced a fluctuation of 1.66% , ranging from a day low of $96.8873 to a day high of 98.5. The price has declined in 3 of the last 10 days, resulting in a total change of 4.87% during this period. On the last day, trading volume decrease by 1.32M shares, with the falling prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 2.84M shares were traded, amounting to approximately 277.89M.
NTAP Technical Signals
NTAP(NetApp Inc Corp) has 3 buy signals and 1 sell signal now. The current trend is downtrend starting from 2025-04-09. The total price change during this trend is +13.82%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of NTAP over the last 5 trading days is 196.44M. Overall, the technical indicator signals lean more toward a Bullish outlook in the mid-term.
NTAP Moving Average Analysis
NetApp Inc's overall moving average trend leans more bearish as of Saturday, May 24, 2025, with 2 negative signals and 2 positive signal. In the mid-term, the SMA_20 being above the SMA_60 signals a strong bullish trend. There will be some resistance from the lines at $102.88047526666668, and $104.89846666666668. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $96.35105806666667, and $94.33306666666667. A break-down below any of these levels will issue sell signals.
NTAP Short Selling Analysis
The short sale ratio of NetApp Inc(NTAP) as of 16 May 2025 is 25.55%, rising from last trading day. With increasing price from 99.82 to 100.53. The short sell activity indicate that short sellers may be anticipating a price reversion.
Technical Signal
Technical Signals Summary
Sell
1
Buy
3
Moving Average
Swing
NegativeStock Price Below SMA_5
Short Term
PositiveSMA_5 Above SMA_20
Mid Term
PositiveSMA_20 Above SMA_60
Long Term
PositiveSMA_60 Above SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
3 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
Indicators
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
9.901
Bullish
Momentum (10 days)
MOM_10 > 0
4.55
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
2.977
Bullish
1 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
Indicators
Signal
Value
Meaning
Moving Average
Price crosses below 10-day SMA
--
Bearish
NTAP Price Prediction & Forecast by Similar Chart Analysis
Based on historical patterns and backtesting of stocks with similar movements to NetApp Inc(NTAP), our algorithm predicts NTAP's 1-month price at $95.89, with an -4.62%downwardshift. Using a similarity score up to 99.15%and other factors, This forecast updates weekly, adjusting for significant deviations.
Similar Chart
The price prediction chart for NetApp Inc (NTAP.O) stock, as of Sunday, May 18, 2025 , forecasts a -4.62% change over the next month, based on its high correlation with MS.N stock patterns. The similarity between their price movements over the analyzed periods is 99.15%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
NTAP
No Data
MS
Down: -4.62%Similarity: 99.15%
Name
Similarity
Up/Down
MS.N
99.15%
-4.62%
RCL.N
99.13%
-5.99%
WAB.N
99.10%
-3.10%
SNX.N
99.10%
-2.89%
PH.N
99.09%
-3.74%
JBL.N
99.08%
-1.44%
EVR.N
99.06%
-6.41%
NVT.N
99.04%
-3.45%
SNPS.O
99.04%
-3.03%
BDC.N
99.00%
-5.54%
NTAP Seasonality Analysis
Based on NTAP's historical stock price data across all years, the probability of a positive return in May is72.73%, suggesting it maybe an ideal month to invest in NTAP. In contrast,Mayoffers the highest probability of positive returns at72.73%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.
Monthly Seasonality
The radar chart shows that buying NetApp Inc (NTAP.O) stock in May has the highest probability of a positive return (72.73%), while December has the lowest probability (30.00%).
Performance Seasonality
The chart shows NetApp Inc. (NTAP)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.
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