NetApp (NTAP) Just Overtook the 20-Day Moving Average

Technical Analysis - NetApp (NTAP) has recently reached a key level of support and has overtaken the 20-day moving average, indicating a short-term bullish trend [1][3] - The stock price has moved 5.7% higher over the last four weeks, suggesting potential for another rally [3] - The current price of NTAP is $121.95, with the 20-day simple moving average at $124.557 [3] Earnings Estimates - There have been no downward revisions in earnings estimates for NTAP in the past two months, while there have been 8 upward revisions, indicating positive sentiment [4] - The consensus estimate for NTAP has also increased, further solidifying the bullish case for the stock [4] Investment Consideration - Given the positive technical indicators and the favorable movement in earnings estimate revisions, NTAP is recommended for consideration on investors' watchlists [4]