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NETSCOUT SYSTEMS INC.
NETSCOUT SYSTEMS INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NTCT
ISIN:

NETSCOUT SYSTEMS INC. - Daily - Technical analysis published on 08/05/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 24.04 USD
My targets
21.87 USD (-5.20%)
19.08 USD (-17.30%)
My analysis
NETSCOUT SYSTEMS INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 24.04 USD. The next support located at 21.87 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 19.08 USD. Below this support, sellers could then target 9.72 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Vincent Launay
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The NETSCOUT SYSTEMS INC. price is 23.07 USD. On the day, this instrument lost -2.70% and was traded between 22.74 USD and 23.31 USD over the period. The price is currently at +1.45% from its lowest and -1.03% from its highest.

22.74
23.31
23.07

A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of NETSCOUT SYSTEMS INC. in Daily shows a overall strongly bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : Daily


Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 50

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily



The probability of a further decline is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : Daily


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily


MACD indicator is back under 0

Type : Bearish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Support of channel is broken

Type : Bearish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Long black line

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 9.72 19.08 21.87 23.07 24.04 26.51 27.42
Change (%) -57.87% -17.30% -5.20% - +4.20% +14.91% +18.86%
Change -13.35 -3.99 -1.20 - +0.97 +3.44 +4.35
Level Minor Major Major - Intermediate Major Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard19.5721.4222.5724.4225.5727.4228.57
Camarilla22.8923.1623.4423.7123.9924.2624.54
Woodie19.2121.2522.2124.2525.2127.2528.21
Fibonacci21.4222.5723.2824.4225.5726.2827.42


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard25.1225.4325.8526.1526.5726.8827.30
Camarilla26.0726.1426.2026.2726.3426.4026.47
Woodie25.1825.4625.9126.1826.6326.9127.36
Fibonacci25.4325.7025.8826.1526.4326.6026.88


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard23.5824.3525.2025.9726.8227.5928.44
Camarilla25.6025.7425.8926.0426.1926.3426.49
Woodie23.6124.3725.2325.9926.8527.6128.47
Fibonacci24.3524.9725.3525.9726.5926.9727.59

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 26.74
MACD (12,26,9): -0.2500
Directional Movement: -25.45
AROON (14): -14.29
DEMA (21): 25.28
Parabolic SAR (0,02-0,02-0,2): 26.75
Elder Ray (13): -2.32
Super Trend (3,10): 25.54
Zig ZAG (10): 23.07
VORTEX (21): 0.7500
Stochastique (14,3,5): 25.64
TEMA (21): 25.09
Williams %R (14): -91.66
Chande Momentum Oscillator (20): -2.71
Repulse (5,40,3): -9.3600
ROCnROLL: 2
TRIX (15,9): 0.0400
Courbe Coppock: 5.63
MA7: 25.39
MA20: 25.74
MA50: 25.43
MA100: 26.68
MAexp7: 24.92
MAexp20: 25.49
MAexp50: 25.79
MAexp100: 26.12
Price / MA7: -9.14%
Price / MA20: -10.37%
Price / MA50: -9.28%
Price / MA100: -13.53%
Price / MAexp7: -7.42%
Price / MAexp20: -9.49%
Price / MAexp50: -10.55%
Price / MAexp100: -11.68%

News


The latest news and videos published on NETSCOUT SYSTEMS INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
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