A Deep Dive Into Arista Networks, Inc. ($ANET) (2019-10-15)

REPORTING FOR 2019-10-15 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how ANET has been trading over the last 2 weeks and the past day especially. On its latest session, Arista Networks, Inc. ($ANET) opened at 236.37, reaching a high of 236.944 and a low of 233.31 before closing at a price of 234.77. There was a total volume of 317600.

VOLUME INDICATORS FOR ARISTA NETWORKS, INC. ($ANET): We saw an accumulation-distribution index of 3128.60778, an on-balance volume of -236.44, chaikin money flow of 11.66202 and a force index of 55.0605. There was an ease of movement rating of 0.0236, a volume-price trend of -9.14093 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR ARISTA NETWORKS, INC. ($ANET): We noted an average true range of 4.85385, bolinger bands of 235.6449, an upper bollinger band of 228.4211, lower bollinger band of 233.31, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 235.54133, high band keltner channel of 234.96733, low band keltner channel of 236.11533, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 233.31, a donchian channel low band of 233.31, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR ARISTA NETWORKS, INC. ($ANET): We calculated a Moving Average Convergence Divergence (MACD) of -0.0573, a MACD signal of -0.03183, a MACD difference of -0.02547, a fast Exponential Moving Average (EMA) indicator of 233.31, a slow Exponential Moving Average (EMA) indicator of 233.31, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.14419, a trix of -2.44378, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 9.63736, a KST Oscillator (KST) of -39.66853 and a KST Oscillator (KST Signal) of -39.66853 (leaving a KST difference of -2.62814). We also found an Ichimoku rating of 236.657, an Ichimoku B rating of 236.657, a Ichimoku visual trend A of 246.94652, an Ichimoku visual trend B of 244.48396, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR ARISTA NETWORKS, INC. ($ANET): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 24.57536, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -60.53273, a stochastic oscillator of 633.10105, a stochastic oscillator signal of 633.10105, a Williams %R rating of 533.10105 and an awesome oscillator of -0.84433.

RETURNS FOR ARISTA NETWORKS, INC. ($ANET): There was a daily return of -3.96685, a daily log return of -1.10072 and a cumulative return of -1.09468.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-15 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Arista Networks, Inc. ($ANET)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Arista Networks, Inc. ($ANET) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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