Shares of NetApp (NTAP) Sees Large Outflow of Money

#NetApp (NTAP) : Mondays money flow analysis of NetApp (NTAP) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $8.66 million. In comparison, the inflow of money on upticks was a meager $6.39 million. The dollar value of composite uptick trades minus the downtick trades was negative $2.27 million. The uptick to downtick ratio of 0.74 in the money flow shows weakness. The downtick transaction value was high at $2.15 million, which denotes distribution on strength.. Hence, the net money flow in the stock was negative ($2.15 million). NetApp (NTAP) gained $0.31 at $28.76, a change of 1.09% over the previous days close.

http://www.themarketdigest.org/201608/shares-of-netapp-ntap-sees-large-outflow-of-money/3134588/