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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NTGR
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NETGEAR stock price ended at $14.36 on Friday, after losing 0.692%.
(Updated on Jun 21, 2024)

Sell candidate since Jun 20, 2024 Loss -0.69% PDF

The NETGEAR stock price fell by -0.692% on the last day (Friday, 21st Jun 2024) from $14.46 to $14.36. During the last trading day the stock fluctuated 2.74% from a day low at $14.23 to a day high of $14.62. The price has been going up and down for this period, and there has been a 0.14% gain for the last 2 weeks. Volume has increased on the last day by 355 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 508 thousand shares were bought and sold for approximately $7.30 million.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $15.20 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -9.17% during the next 3 months and, with a 90% probability hold a price between $9.74 and $13.81 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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NTGR Signals & Forecast

The NETGEAR stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $14.71. On a fall, the stock will find some support from the long-term average at approximately $13.33. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, June 12, 2024, and so far it has fallen -6.45%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for NETGEAR stock

NETGEAR finds support from accumulated volume at $13.73 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.390 between high and low, or 2.74%. For the last week, the stock has had daily average volatility of 2.30%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (NTGR) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect NETGEAR to open at $14.40, and during the day (based on 14 day Average True Range), to move between $13.86 and $14.86, which gives a possible trading interval of +/-$0.498 (+/-3.47%) up or down from last closing price. If NETGEAR takes out the full calculated possible swing range there will be an estimated 6.94% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $14.78 (2.92%) than the support at $13.73 (4.39%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is NETGEAR stock A Buy?

NETGEAR holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -2.282 Sell Candidate Unchanged

Predicted Opening Price for NETGEAR of Monday, June 24, 2024

Fair opening price June 24, 2024 Current price
$14.40 ( 0.302%) $14.36

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NTGR

Fibonacci Support & Resistance Levels

Level Price
R3 14.79 3.02%
R2 14.64 1.98%
R1 14.55 1.34%
Price 14.36
S1 14.25 -0.736%
S2 14.16 -1.38%
S3 14.01 -2.41%

Accumulated Volume Support & Resistance Levels

Level Price
R3 15.31 6.62%
R2 14.91 3.83%
R1 14.78 2.92%
Price 14.36
S1 13.73 -4.39%
S2 11.78 -17.97%
S3 11.63 -19.01%

FAQ

What is the symbol for NETGEAR Stock and on which exchange is it traded?
The symbol for NETGEAR is NTGR and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell NETGEAR Stock?
NETGEAR holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy NETGEAR Stock?
NETGEAR Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy NETGEAR Stock.

What's the current price of NETGEAR Stock?
As of the end of day on the Jun 21, 2024, the price of an NETGEAR (NTGR) share was $14.36.

What is the 52-week high and low for NETGEAR Stock?
The 52-week high for NETGEAR Stock is $15.93 and the 52-week low is $10.40.

What is the market capitalization of NETGEAR Stock?
As of the Jun 21, 2024, the market capitalization of NETGEAR is 420.37M.

When is the next earnings date for NETGEAR?
The upcoming earnings date for NETGEAR is Jul 24, 2024.
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About NETGEAR

NETGEAR NETGEAR, Inc. designs, develops, and markets networking and Internet connected products for consumers, businesses, and service providers. The company operates in two segments, Connected Home, and Small and Medium Business. It offers smart home/connected home/broadband access products, such as Wi-Fi routers and home Wi-Fi systems, broadband modems, Wi-Fi gateways, Wi-Fi hotspots, Wi-Fi range extenders, Powerline adapters and bridges, Wi-Fi network... NTGR Profile

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