US stock / ETF

NetApp, Inc.

NTAP · NASDAQ · USD

1 hourBearish92%
1h Downside probability 92%Bearish

NTAP 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $156.88 and stabilize above resistance $161.09.

Invalidation Trigger

Break above $161.09 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 41.7, MACD -0.120

1h
Volatility EnvironmentBullish
Low volatility

ATR is $2.11 (1.36%)

1h

EMA Structure

Bearish
EMA 8$155.87Bearish
EMA 21$156.88Bearish
EMA 50$158.59Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.7 · MACD -0.120

Momentum is weak

Strength
Bearish
Volatility
ATR $2.11 · BB 4.31%

Low volatility

Strength
Bullish
Volume
MFI 44.6 · OBV -117.39%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$151.86 - $161.09

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.37% · 3.9 ATR above latest close

$163.2
Nearest resistance

+4.01% · 2.9 ATR above · 34-bar high

$161.09
Current price

Price shown is delayed

$154.88
Nearest support

-1.95% · 1.4 ATR below · 34-bar low

$151.86
Deeper support zone

-3.31% · 2.4 ATR below latest close

$149.75
ATR zone

Latest close ± ATR14

$152.77 - $156.99

Indicators

Trend

Dow Theory Structure

Confirmation $151.86, invalidation $157.35

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

21.3 / 25.7 / 43.2Bearish
Supertrend (10,3)

Price is above Supertrend

$148.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$155.99 / $157.84Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Volatility

ATR (14)

Low volatility

$2.11 (1.36%)Bullish
Bollinger Bands (20,2)

Width 4.31%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$160.54 / $153.1Bullish
ATR channel lower / upper

Current Volatility Envelope

$152.77 / $156.99Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$161.09Range
Support

Nearest Downside Decision Level

$151.86Range

Momentum

RSI (14)

Momentum is weak

41.7Bearish
MACD (12,26,9)

Histogram is negative

-0.120Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.5 / 45.0Bearish
Williams %R (14)

Neutral zone

-58.5Range
CCI (20)

Weak expansion

-111.8Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.6Bearish
OBV slope

20-period OBV slope

-117.39%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Trend

Dow Theory Structure

Confirmation $151.86, invalidation $157.35

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is moderate

21.3 / 25.7 / 43.2Bearish
Supertrend (10,3)

Price is above Supertrend

$148.71Bullish
Ichimoku Cloud

Cloud Span A / Span B

$155.99 / $157.84Bearish
Donchian Channel (20)

20-period breakout channel position

36%Range

Momentum

RSI (14)

Momentum is weak

41.7Bearish
MACD (12,26,9)

Histogram is negative

-0.120Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.5 / 45.0Bearish
Williams %R (14)

Neutral zone

-58.5Range
CCI (20)

Weak expansion

-111.8Bearish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$2.11 (1.36%)Bullish
Bollinger Bands (20,2)

Width 4.31%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$160.54 / $153.1Bullish
ATR channel lower / upper

Current Volatility Envelope

$152.77 / $156.99Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.6Bearish
OBV slope

20-period OBV slope

-117.39%Bearish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$161.09Range
Support

Nearest Downside Decision Level

$151.86Range

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