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.
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.
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.
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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