Netapp(NTAP)

Netapp (NTAP) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for NTAP · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$166.54last close · Jul 22, 202652-week range $93.69$192.83 · 13.63% below the high

NTAP Triangle Pattern

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%.

DirectionBearishTarget$102.04Projected move−50.4%Breakout level$165.71

New to this pattern? What a triangle is and how to trade it →

NTAP's Most Recent Rising Wedge Trade

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.

OutcomeLossResult-1.4%R-1.09REntry$106.87Exit$108.37

Learn about rising wedge

How Triangles Have Performed

Win rate
53.5%
Avg return
+0.37R
Backtested trades
17,276
NTAP win rate
60.0%

Historical pattern statistics (1986-12-19 – 2026-07-16), not a prediction.

How these backtests work →

NTAP Pattern Trade History

Every completed pattern trade our nightly backtest found on NTAP's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJul 7, 2025 @ $106.87Jul 18, 2025 @ $108.37Loss+11.4% · -1.09R
TriangleFeb 27, 2025 @ $119.63Feb 28, 2025 @ $105.75Win+12.8% · +1.70R
TriangleFeb 11, 2025 @ $119.21Feb 28, 2025 @ $105.84Win+12.6% · +1.90R
Falling WedgeJan 17, 2025 @ $121.71Feb 28, 2025 @ $99.81Loss+15.6% · -2.47R
Rising WedgeDec 10, 2024 @ $124.96Dec 19, 2024 @ $116.31Win+7.9% · +1.36R
Bullish PennantMay 6, 2024 @ $105.95Jun 24, 2024 @ $126.38Win+11.9% · +2.36R
Rising WedgeJun 28, 2023 @ $75.45Jul 24, 2023 @ $78.45Win+7.4% · +0.51R
Rising WedgeNov 11, 2022 @ $72.43Dec 2, 2022 @ $66.43Loss+12.3% · -1.08R
TriangleOct 21, 2022 @ $63.75Nov 3, 2022 @ $67.64Win+10.5% · +1.22R
Falling WedgeJul 15, 2022 @ $65.38Aug 22, 2022 @ $73.03Win+13.8% · +3.40R
TriangleDec 23, 2021 @ $90.45Jan 21, 2022 @ $84.28Loss+8.6% · -1.41R
TriangleOct 26, 2021 @ $90.07Nov 18, 2021 @ $85.10Win+6.4% · +1.19R

Triangle Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about triangle

NTAP Support and Resistance Levels

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.

  • Traders commonly watch $300.42 as a target (its 200% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on yet — the spot to watch is right at the $163.01 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

NTAP Recent Daily Prices

DateOpenHighLowClose
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

NTAP Frequently Asked Questions

What chart pattern is NTAP forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a triangle on Netapp (NTAP) on the daily chart, with a measured-move target of $102.04.
Is a triangle bullish or bearish?
The triangle detected on NTAP is a bearish pattern, projecting a measured-move target of $102.04. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a triangle pattern, and what is its win rate?
Across TradingPal's backtest of the triangle family (17,276 trades over 628 symbols), it resolved in the expected direction 53.5% of the time with an average of +0.37R. These are historical statistics, not a prediction.
What is the price target if NTAP's pattern breaks out?
The detected triangle has a geometry-based measured-move target of $102.04 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was NTAP's closing price on Jul 22, 2026?
Netapp (NTAP) last closed at $166.54 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.