NetApp's most recent trend suggests a bearish bias. One trading opportunity on NetApp is a Bear Call Spread using a strike $73.00 short call and a strike $78.00 long call offers a potential 17.1% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $73.00 by expiration. The full premium credit of $0.73 would be kept by the premium seller. The risk of $4.27 would be incurred if the stock rose above the $78.00 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for NetApp is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for NetApp is bullish.
The RSI indicator is at 33.55 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for NetApp
How Financially Strong Is NetApp, Inc. (NASDAQ:NTAP)?
Fri, 03 May 2019 19:56:04 +0000
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! The size of NetApp, Inc. (NASDAQ:NTAP), a US$18b large-cap, often attracts investors seeking a reliab…
Edited Transcript of NTAP earnings conference call or presentation 16-Aug-17 9:30pm GMT
Wed, 17 Apr 2019 01:40:59 +0000
Q1 2018 NetApp Inc Earnings Call
Housing Trust makes second large loan to an affordable housing project in the Diridon area
Fri, 12 Apr 2019 21:43:37 +0000
Half the 130-unit project near San Jose's Diridon Station would be earmarked for extremely low-income units.
Why We Think NetApp, Inc. (NASDAQ:NTAP) Could Be Worth Looking At
Wed, 10 Apr 2019 18:28:03 +0000
I've been keeping an eye on NetApp, Inc. (NASDAQ:NTAP) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe NTAP has a lot to offer. Basically, it…
NetApp Is Named 2018 Google Cloud Technology Partner of the Year for Infrastructure
Tue, 09 Apr 2019 22:30:00 +0000
NetApp (NTAP), the data authority for hybrid cloud, today announced that it has been named the 2018 Google Cloud Technology Partner of the Year for Infrastructure. This award was presented at Google Cloud Next ’19 in San Francisco. NetApp is recognized for the company’s achievements in the Google Cloud ecosystem, helping customers build and run applications on Google Cloud quickly and at scale with the right data strategy.
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