Decline depth
—
Not currently in the rolling-252-day ≥20% decline universe.
Watch
NTAPNetApp, Inc.
5.9σ
decline sigma — volatility-normalized move (typical daily 2.02%)
Current
$184.74
Decline depth
—
Decline σ
5.9σ
TFC
1/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$NTAP landed on the list 2026-03-02, down 20.9% from its 52-week high that day — now $184.74.
It has clawed back 67.2 percentage points off that level. It bottomed 24.5% below that high along the way.
From the 52-week high as of 2026-03-02 to today. Split-adjusted. Observed, not a forecast.
Structural break signals
NTAP qualifies for the Watch on decline sigma.
Time-frame continuity
1/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Decline sigma
5.9σ
Drop over the last 20 bars in units of daily volatility (2.02%/day).
Past the ≥4σ Watch threshold.
The structural read
What price action says about NTAP.
NTAP qualifies for the Watch on decline sigma — the recent drop measures 5.9σ over a 20-bar window. Sigma scales the move by the stock's own typical daily volatility, so a small percentage drop in a normally-quiet name can land here when the bigger players miss it on a pure-percent threshold.
Questions about NTAP
What people ask.
Why is NTAP on Broken Stocks?
NTAP qualifies for the Watch on decline sigma. The recent drop measures 5.9σ over a 20-bar window — large enough that even a small percentage drop is structurally significant given the stock's typical day-to-day volatility (2.02%).
Is NTAP a falling knife?
NTAP is on Broken Stocks for time-frame continuity or decline-sigma reasons rather than headline depth, so the falling-knife label doesn't cleanly apply. The phrase usually requires a meaningful percentage drop from a fresh high. See the structural break signals above for the axis that actually triggered the listing.
Is NTAP a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is NTAP trading inside its 52-week range?
At $184.74, NTAP sits 59.3% of the way from its 52-week low ($149.27) to its 52-week high ($209.06). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.