Natera NTRA Stock & Option Trade Ideas

Based on the technical data for NTRA, the MACD (Moving Average Convergence Divergence) indicator has been showing a bullish trend since early April, with the MACD consistently above the Signal Line. Additionally, the RSI (Relative Strength Index) has been fluctuating but generally staying in the overbought territory, indicating strong bullish momentum.

The Bollinger Bands have been widening, suggesting increased volatility, which could present trading opportunities.

Considering all the indicators, NTRA appears to be in a strong bullish phase with potential for further upside in the coming days.

Potential Stock Trade: Considering the bullish outlook, a potential stock trade could be to enter a long position in NTRA at the current price level and aim for a target price based on historical price patterns and resistance levels.

Potential Option Trade: For option traders, a bullish strategy like a long call option or a bull call spread could be considered. Given the high RSI levels, it might be beneficial to choose longer-dated options to allow for potential mean reversion.

It’s important to perform a thorough analysis and consider risk management strategies before executing any trades.