The best indicator for NetApp (NTAP)
We backtested 382 indicators across daily, weekly and hourly charts on real NetApp (NTAP) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where NetApp (NTAP) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
Aroon
On the weekly chart, this is the strongest risk-adjusted edge we found for NetApp (NTAP) over ~30.7 years — beating buy-and-hold by 4.4% CAGR.
NetApp (NTAP) on the weekly chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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Best multi-indicator combo
Going long only when all 3 agree was the strongest confluence setup we found for NetApp (NTAP) — beating buy-and-hold by 0.3% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Aroon ✓ | Weekly | 21.8% | 0.72 | -60.9% | 55.1% | 49 | 4.4% |
| 2 | On-Balance Volume ✓ | Weekly | 21.6% | 0.72 | -63.3% | 41.8% | 91 | 4.2% |
| 3 | Aroon Oscillator ✓ | Weekly | 21.8% | 0.72 | -60.9% | 55.1% | 49 | 4.4% |
| 4 | LSMA 100 Trend ✓ | Weekly | 19.8% | 0.71 | -75.9% | 65.3% | 49 | 2.4% |
| 5 | Positive Volume Index ✓ | Daily | 21.8% | 0.7 | -65.6% | 42.6% | 61 | 3.3% |
| 6 | SMC: Break of Structure ✓ | Weekly | 21.8% | 0.7 | -65.8% | 66.7% | 15 | 4.4% |
| 7 | Vortex ✓ | Weekly | 21.1% | 0.69 | -63.2% | 49.3% | 71 | 3.7% |
| 8 | Chandelier Exit ✓ | Weekly | 21.5% | 0.68 | -63.4% | 47.5% | 59 | 4.2% |
| 9 | Random Walk Index ✓ | Weekly | 20.7% | 0.68 | -66.1% | 50.0% | 72 | 3.4% |
| 10 | DeMarker (14) ✓ | Weekly | 20.3% | 0.68 | -67.8% | 52.8% | 72 | 2.9% |
| 11 | Random Walk Index ✓ | Weekly | 20.7% | 0.68 | -66.1% | 50.0% | 72 | 3.4% |
| 12 | Ichimoku TK Cross ✓ | Weekly | 19.1% | 0.67 | -68.1% | 59.4% | 32 | 1.8% |
| 13 | WMA 100 Trend ✓ | Weekly | 18.8% | 0.67 | -68.6% | 64.0% | 25 | 1.5% |
| 14 | RSI (30) ✓ | Weekly | 19.7% | 0.67 | -69.7% | 65.7% | 35 | 2.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on NetApp (NTAP)
8 of 671 tested setups beat buy-and-hold on NetApp (NTAP) outright. Another 390 could get there with leverage they would survive — but 247 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Markov Regime | 1 | 1.64× | 1.62× |
| Ehlers Reflex | 1 | 1.76× | 3.06× |
| Hull MA 100 Trend | 1 | 2.32× | 3.2× |
| Ichimoku TK Cross | 1 | none needed | 2.22× |
| Aroon | 1 | none needed | 2.93× |
| Ease of Movement | 1 | none needed | 2.48× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For NetApp (NTAP), Aroon on the weekly timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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