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Netapp Inc Crosses Above its 10-day MA (NTAP)

By Amy Schwartz

Today, shares of Netapp Inc (NASDAQ:NTAP) have advanced above their 10-day MA of $68.39 on a volume of 277K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Netapp Inc have traded between a low of $54.50 and a high of $88.08 and are now at $69.64, which is 28% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has slid 0.2%.

SmarTrend is tracking the current trend status for Netapp Inc and will alert subscribers who have NTAP in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses netapp inc

Ticker(s): NTAP