Netapp(NTAP)
Auto-detected technical analysis for NTAP · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
NTAP is currently forming a triangle on the daily timeframe. Detected Jul 22, 2026.
A triangle is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $102.04 (−50.4%). Across 17,276 backtested triangles, the setup followed through 53.5% of the time, averaging +0.37R; NTAP's own triangles have hit 60.0%.
New to this pattern? What a triangle is and how to trade it →
NTAP's most recent completed rising wedge resolved as a loss: it broke down on Jul 7, 2025 near $106.87, then was stopped out at $108.37 on Jul 18, 2025 — a 1.4% move (-1.09R) over 9 sessions. Across 90 backtested rising wedges, this setup wins 61.1% of the time.
Historical pattern statistics (1986-12-19 – 2026-07-16), not a prediction.
Every completed pattern trade our nightly backtest found on NTAP's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising Wedge | Jul 7, 2025 @ $106.87 | Jul 18, 2025 @ $108.37 | Loss | +11.4% · -1.09R |
| Triangle | Feb 27, 2025 @ $119.63 | Feb 28, 2025 @ $105.75 | Win | +12.8% · +1.70R |
| Triangle | Feb 11, 2025 @ $119.21 | Feb 28, 2025 @ $105.84 | Win | +12.6% · +1.90R |
| Falling Wedge | Jan 17, 2025 @ $121.71 | Feb 28, 2025 @ $99.81 | Loss | +15.6% · -2.47R |
| Rising Wedge | Dec 10, 2024 @ $124.96 | Dec 19, 2024 @ $116.31 | Win | +7.9% · +1.36R |
| Bullish Pennant | May 6, 2024 @ $105.95 | Jun 24, 2024 @ $126.38 | Win | +11.9% · +2.36R |
| Rising Wedge | Jun 28, 2023 @ $75.45 | Jul 24, 2023 @ $78.45 | Win | +7.4% · +0.51R |
| Rising Wedge | Nov 11, 2022 @ $72.43 | Dec 2, 2022 @ $66.43 | Loss | +12.3% · -1.08R |
| Triangle | Oct 21, 2022 @ $63.75 | Nov 3, 2022 @ $67.64 | Win | +10.5% · +1.22R |
| Falling Wedge | Jul 15, 2022 @ $65.38 | Aug 22, 2022 @ $73.03 | Win | +13.8% · +3.40R |
| Triangle | Dec 23, 2021 @ $90.45 | Jan 21, 2022 @ $84.28 | Loss | +8.6% · -1.41R |
| Triangle | Oct 26, 2021 @ $90.07 | Nov 18, 2021 @ $85.10 | Win | +6.4% · +1.19R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price is bouncing off a floor near $163.01 and starting to climb. On the weekly chart, the next ceiling overhead sits near $300.42 — about 80% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $166.00 | $169.16 | $165.86 | $166.54 |
| Jul 21, 2026 | $164.95 | $167.57 | $163.57 | $165.76 |
| Jul 20, 2026 | $163.79 | $165.00 | $160.81 | $161.16 |
| Jul 17, 2026 | $157.68 | $165.36 | $157.00 | $163.88 |
| Jul 16, 2026 | $161.60 | $162.08 | $156.26 | $159.69 |
| Jul 15, 2026 | $175.42 | $175.69 | $156.31 | $162.10 |
| Jul 14, 2026 | $166.37 | $175.67 | $164.41 | $174.55 |
| Jul 13, 2026 | $168.19 | $168.53 | $160.50 | $163.93 |
| Jul 10, 2026 | $170.92 | $176.97 | $168.66 | $168.87 |
| Jul 9, 2026 | $165.58 | $171.97 | $164.01 | $171.73 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.