• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 489333 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1419275637 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1419275637 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

NetApp (NTAP) Crosses Pivot Point Support at $34.32

Published on Tue, 04/30/2013 - 09:40
By Peter Chu

NetApp (NASDAQ:NTAP) has opened bearishly below the pivot of $34.72 today and has reached the first level of support at $34.32. Investors may be interested in a cross of the next downside pivot targets of $34.11 and $33.50.

NetApp, Inc. provides storage and data management solutions. The Company's storage solutions include specialized hardware, software, and services that provide storage management for open network environments. NetApp serves enterprises, government agencies, and universities worldwide.

There is potential upside of 14.6% for shares of NetApp based on a current price of $34.19 and an average consensus analyst price target of $39.17. The stock should find resistance at its 50-day moving average (MA) of $34.33, as well as support at its 200-day MA of $32.94.

In the past 52 weeks, NetApp share prices have been bracketed by a low of $26.26 and a high of $41.05 and are now at $34.19, 30% above that low price. The 200-day and 50-day moving averages have moved 0.25% higher and 0.17% lower over the past week, respectively.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Changyou.com Ltd Shares Sinking Lower, D...

Changyou.com Ltd (NASDAQ:CYOU) is one of today's biggest movers, down 2.0% to $25.88. ...

Gray Television Shares Climbing Higher, ...

Gray Television (NYSE:GTN) is a company whose shares are active, trading 2.0% higher to ...

Big 5 Sporting Goods Makes a Move: Up 2....

One of today's stocks on the move is Big 5 Sporting Goods (NASDAQ:BGFV), up 2.0% to $14 ...

Shares of Diebold Under Pressure, Down 2...

One of today's notable stocks in decline is Diebold (NYSE:DBD), down 2.0% to $35.83. T ...

Shares of MoneyGram International Under ...

MoneyGram International (NYSE:MGI) is one of today's biggest movers, down 2.0% to $8.70 ...

Forestar Group Makes a Move: Down 2.0%...

Forestar Group (NYSE:FOR) is one of today's biggest movers, down 2.0% to $15.40. The S ...

Shares of Innerworkings Under Pressure, ...

Innerworkings (NASDAQ:INWK) is one of today's notable stocks in decline, down 2.0% to $ ...

Stock Investors Sell Off Shares of Exelo...

Exelon (NYSE:EXC) is a company whose shares are active, trading 2.0% lower to $36.84. ...