Stand aside — setup invalidated
Setup score 80, but distribution days reach 5 or more — stand aside until the condition resets.
Simple research view
NTAP · NetApp, Inc.
$222.08 +3.06% Oct 26 close
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$NTAP
NetApp, Inc.NetApp, Inc. is a large-cap Computer Peripherals company in the Electronic Technology sector with a market cap of $44B.
Market Structure
Trend structure: uptrend
Latest event: structure_shift
(bearish)
Support
102.58–103.35
· 4 touches · moderate
Support
107.05–107.63
· 3 touches · moderate
Verdict · setup score 80/100 · data Oct 26 close · latest session
Stand aside — setup invalidated
Setup score 80, but distribution days reach 5 or more — stand aside until the condition resets.
Recent price action · daily
What would change this verdict
What needs to turn for this to become buyable — the top failing checks across the legend council:
- Minervini 2. Quarterly EPS growth ≥ 25% — +3.4% QoQ
- Minervini 2. Revenue growth ≥ 20% YoY — +5.6% YoY
- O'Neil C: Quarterly EPS acceleration ≥ 25% — +3.4% QoQ
- O'Neil M: Market in confirmed uptrend — Market phase: uptrend_under_pressure
- Weinstein Volume expansion above average — Volume ratio 0.97x
- Weinstein Weekly price coiling (Stage 2 consolidation) — Tightening weekly range confirms base
Minority view — the council disagrees here
- Minervini: watch Trend-template read: 10/12 pass; wait for the soft misses to improve.
- O'Neil: avoid CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
- Weinstein: watch Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
73
Strong
Legend Score · rates the stock
Strong (73/100) — held back by eps growth
Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.
- Relative Strength (25%) 97
- Trend Template (25%) 100
- Institutional Footprint (20%) 71
- EPS Growth (15%) 30
- Quality (SMR-like) (15%) 34
RS rank 96: top 4% of all stocks — true leadership. Trend template 8/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 71: mild accumulation. EPS up +0% — growing, but below the 25% leadership bar. Quality 34: weak fundamentals (sales growth 30, return on equity 45, leverage 20). Updated 2026-10-27.
Earnings
Normal technical setup
Next earnings
Tuesday, December 1, 2026
Report time not confirmed by the source
Deterministic evidence
NTAP+3.06%
Sector proxy · XLK+1.69%
Broad market · SPY+0.71%
Session internals Strong momentum
Rule: closed up, at or above the open, in the top third of the day's range. Judged on internals, not on the size of the move.
Vs prior close+3.06%
From the open+2.03%
Range position68%
GapNo gap
QQQ confirmationConfirming (+1.11%)
SMH confirmationConfirming (+2.74%)
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$93.69
Tight Wks
0
Base
B3
SMA 200
$147.85
RS Line vs High
-5.6%
RS Line Slope
+6.0% ▲
Group Rank
#2/66
ADR%
3.8%
ATR(14)
$9.22 (4.2%)
Vol Pace (live)
N/A
A/D Days
15A / 9D
A/D Rating
A+
VDU Bars
0/10 d
Power Trend
2d
Earnings
in 35d
NTAP Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$NTAP · $222.08 · as of 2026-10-26 · multi-factor read
98
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▲ Uptrend
Weekly
▲ Uptrend
Monthly
▲ Uptrend
Moving Averages
50-day$203.72 ↑
100-day$186.94 ↑
200-day$147.85 ↑
Bullish (50 > 200)
RSI (14)
Reading56.3 · Bullish
Bullish momentum — comfortably in buyer territory.
MACD (12/26/9)
StateWeakening
Histogram-1.907
Weakening — MACD slipped below its signal line. Histogram expanding.
Bollinger Bands (20,2)
%B / Width52% · 20.3%
Mid-band — no directional band edge in play.
Volume · Buyer vs Seller
Up/Down vol2.06 · Accumulation
Rel volume0.97×
Pocket pivots · 10d0
5d vs 50d vol66%
Heavy vol up / down1 / 0
Accumulation — volume is concentrated on up days; buyers dominate. Recent volume is easing versus its baseline.
- 1 heavy-volume up day vs 0 down in the last 20 sessions.
Support & Resistance
R · $240.8752-week high
Price · $222.08now
S · $161.00swing level
S · $156.26swing level
S · $149.27swing level
Fibonacci · Uptrend swing
23.6%$210.08
38.2%$191.04
50.0%$175.65
61.8%$160.25
78.6%$138.34
Retracement support zones measured from the recent swing low up to the high.
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Daily uptrendWeekly uptrendMonthly uptrendAbove 200-day MA50/200 bullishVolume accumulation
Want this read in a legend's voice?
Ask a Legend about NTAP
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts
6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (80/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.
Council consensus:
7 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini
Watch
B
Trend-template read: 10/12 pass; wait for the soft misses to improve.
partialEnter on break of $222.08 pivot with stop at $208.26 (risk 6.2%). SEPA Grade B (5/7).
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $222.08, MA150 $163.53, MA200 $147.85
1.2 150-day MA > 200-day MAMA150 $163.53 vs MA200 $147.85
Failing evidence
2. Quarterly EPS growth ≥ 25%+3.4% QoQ
2. Revenue growth ≥ 20% YoY+5.6% YoY
O'Neil
Avoid
D
CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
partialRule check says AVOID (4/8 checks passed) — CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 96
A: Annual earnings & revenue qualityRev +5.6% | ROE 116.6%
Failing evidence
C: Quarterly EPS acceleration ≥ 25%+3.4% QoQ
M: Market in confirmed uptrendMarket phase: uptrend_under_pressure
Weinstein
Watch
C
Stage-analysis read: Stage 2 is present; 2 supporting checks need improvement.
mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $222.08 vs MA200 $147.85
Failing evidence
Volume expansion above averageVolume ratio 0.97x
Weekly price coiling (Stage 2 consolidation)Tightening weekly range confirms base
dennis
Watch
C
Turtle read: no Donchian signal. The system stays flat until price takes out the 20-day high.
Passing evidence
No breakdown below the 20-day channel20-day low $199.75
Volatility-unit sizing (1N ≈ 1% of equity)1N = $8.78 (3.95% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
zanger
Avoid
C
Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Not extended (≤5% above the breakout point)Measured as passing
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $255.39-$266.50; trail the rest
Failing evidence
Named Zanger pattern onlyPartial Move is not one of Zanger's six
Breakout volume 1.5-2.0x averageData unavailable
zweig
Watch
D
Zweig read: part of his screen passes but not all: EPS growth above the market (≥15% QoQ); Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 35.0x — no PEG or forward P/E stored
Price strength (RS ≥ 70)RS score 96 — Zweig buys strength, not bargains
Failing evidence
EPS growth above the market (≥15% QoQ)+3.4% QoQ — Zweig wants growth above the S&P average
Insider buyingNo insider buying flagged
Livermore
Watch
B
Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$222.08
Relative strengthRS 96
Failing evidence
Volume vs average0.97x
Pivotal point cleared on expanding volumeNot confirmed
Darvas
Watch
B
Box-theory read: constructive evidence is present, but volume vs average is unresolved.
mediumBuilding the top of the box (7.8% from 52W high) — watch for a box breakout with volume expansion.
Passing evidence
Price$222.08
Relative strengthRS 96
Failing evidence
Volume vs average0.97x
Box top broken on heavy volumeNot confirmed
Wyckoff
Watch
B
Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$222.08
Relative strengthRS 96
Failing evidence
Volume vs average0.97x
Sign of Strength confirmed on expanding volumePrice hasn't cleared the pivot yet — confirmation pending
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▲ Rising
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net +10
Fundamentals & leadership quality — Minervini’s published criteria · 5/7 met
B
5/7 criteria
Separate score from the Minervini Trend Template (8/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
+3%
Revenue growth ≥20% YoY
+6%
Gross margin ≥30%
70%
ROE ≥17%
117%
RS rating ≥80 (leadership)
96
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-7.8%
Method Playbook
Trade it like Wyckoff
EXACT LEVELS · PRO
Wyckoff B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro levelPublished-method rule: Use the Spring/test, Sign of Strength, creek, or Last Point of Support boundary identified by the active structure.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Require a completed test or Sign of Strength/Last Point of Support confirmation with improving demand versus supply.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Start below the Spring/test low or structural support whose failure would invalidate the accumulation read.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: Raise protection beneath successive Last Points of Support or meaningful higher lows during markup; never loosen it.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Exit on a failed Sign of Strength, support loss, or clear supply-dominant reversal such as an upthrust failure.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Forming Patterns (predictive — not confirmed)
Head & Shoulders
bearish
forming
75%
built
Possible head & shoulders top — not confirmed. Watch for a daily close below ~207.75 (neckline) to confirm, with measured-move risk toward ~174.64. A push back above 224.60 weakens the pattern; reclaiming 240.87 invalidates it.
Confirms below
207.75
Invalidates at
240.87
Left Shoulder
209.06
Head
240.87
Right Shoulder
224.60
Neckline
207.75
Target
174.64
LS 209.06 / head 240.87 / RS 224.60, neckline ~207.75, vol_fading=yes
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
Pattern Analysis
Partial Move
⚠ Late-stage base (#4)
80
setup score
RS Score
96
Trend template
8/8 ✓
CANSLIM
74.9* (B)
predictor: ✓
predicted direction: up
probability: 0.72
retrace pct: 48.0
formation low: 161.0
formation high: 240.87
volume ratio: 0.675
depth pct: 33.16
validation reason: valid generic setup
multi tf evaluated: ✓
multi tf reason: weekly trend template 8/8 confirmed
Why This Setup?
Partial Move · schematic
Partial decline stalled at 48.0% of range (161.00–240.87) without touching the bottom; predicts upward break ~72% of the time. Predictor — breakout not confirmed. | Strong trend (8/8) | Top RS (96) | High-confidence pattern (72%) | Accumulation (2.1× up/dn vol) | Stage 2 | Readiness 65/100 (watch) | CANSLIM 74.9 (B) | ⚠ Late-stage base (#4)
55
setup score
RS Score
96
Trend template
8/8 ✓
CANSLIM
72.5* (B)
box top: 240.87
box bottom: 202.56
box height pct: 0.189
vol ratio: 0.968
is breakout: ✗
pct from 52w high: 0.0
validation reason: valid generic setup
multi tf evaluated: ✓
multi tf reason: weekly: within 15% of 52-week high (Darvas box territory)
Why This Setup?
Darvas Box · schematic
Box: top=240.87, bottom=202.56, height=18.9%, breakout=no, vol_ratio=1.0x, 0% from 52w high | Strong trend (8/8) | Top RS (96) | Moderate pattern (65%) | Accumulation (2.1× up/dn vol) | Stage 2 | Readiness 53/100 (early) | CANSLIM 72.5 (B) | ⚠ Volatility widening into breakout; Late-stage base (#4); Not actionable yet
The Universal Edge Check · context only
What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.
6/7
universals met
- Volume confirms — partly met 1.0× average — light
- A relative-strength leader — met RS rank 93
- Asymmetric reward — met Met — levels are a Pro detail
- Clear of earnings — met in 35 days
- In a confirmed uptrend — met Stage 2 · Trend template 8/8
- Not chasing (in range) — met Met — levels are a Pro detail
- Risk is defined — met Met — levels are a Pro detail
Minervini Trend Template
8/8 ✓Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
Price above SMA 150 & 200
$222.08 vs SMA150 $163.53 / SMA200 $147.85
SMA 150 above SMA 200
SMA150 $163.53 vs SMA200 $147.85
SMA 200 trending up
Slope +11.06 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $203.72
Price above SMA 50
$222.08 vs SMA50 $203.72
30%+ above 52-week low
+137.0% from $93.69
Within 25% of 52-week high
-7.8% from $240.87
RS score above 70
RS 96
Fundamentals
52W Range
87%
Mkt Cap SEC
43.6B
EPS QoQ
+3%
Rev YoY
+6%
ROE
117%
Gross Margin
70%
D/E
3.11
EPS TTM
$6.35
P/E TTM
35.0x
Float
196M
Insider
No Buy
Company
Company profile
NetApp, Inc.
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B
74.9* CANSLIM
* disqualified on C, M
C · Curr. EPS
60
A · Annual EPS
100
N · New Highs
100
S · Supply/Demand
30
L · Leader RS
96
I · Inst. Spons.
100
M · Market
30
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
8/8
W. RS
100
W. Support
$107.24
W. Resist
$240.87
Weekly Structure
Trend
Neutral
Tight Weeks
0
Confirmation
Neutral
Scan History
20× streakOct 27
Partial Move
✓ Gate
80
Oct 26
Trend Only
✓ Gate
88
0.0%
Oct 23
Trend Only
✓ Gate
87
+3.1%
Latest News
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