NetApp, Inc. is an intelligent data infrastructure company. Co. combines unified data storage, integrated data services, and CloudOps solutions to make data infrastructure intelligent. Its segments include Hybrid Cloud and Public Cloud. Its Hybrid Cloud segment offers a unified data storage portfolio of storage management and infrastructure solutions that help customers modernize their data centers. Its Hybrid Cloud portfolio supports structured and unstructured data with unified storage optimized for flash, disk, and cloud storage to handle data-intensive workloads and applications. Hybrid Cloud includes software, hardware, and related support, as well as professional and other services.
When researching a stock like NetApp, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from NTAP Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for NTAP stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the NTAP 200 day moving average ("NTAP 200 DMA"), while one of the most popular "shorter look-backs" is the NTAP 50 day moving average ("NTAP 50 DMA"). A chart showing both of these popular moving averages is shown on this page for NetApp. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the NTAP 200 DMA and the NTAP 50 DMA, we get a moving average convergence divergence indicator ("NTAP MACD"). The NTAP MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |