ANET - Eyeing a short-term short on a very bullish chartVideo says it all. If we see the confluences that we need to, I will enter a position, if not - not!
That's the way the trading game works - set your plan and stick to it.
Happy Trading :)
Next report date
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2.13 USD
2.09 B USD
5.86 B USD
1.03 B
About Arista Networks
Sector
Industry
CEO
Jayshree V. Ullal
Website
Headquarters
Santa Clara
Founded
2004
FIGI
BBG000N2HDY5
Arista Networks, Inc. engages in the development, marketing, and sale of cloud networking solutions. Its solutions include EOS, a set of network applications, and Gigabit Ethernet switching and routing platforms. Its product categories include Core, Cognitive Adjacencies, and Network Software and Services. The company was founded by Andreas Bechtolsheim, David Cheriton, and Kenneth Duda in November 2004 and is headquartered in Santa Clara, CA.
bullish hammer on the resistance a breakawayConfident as I am, it is coming to a time when things start to reset. It still has buying pressure moving it higher, and I would anticipate a more significant move based on a few key indicators.
NYSE - ANET : 9 DEC 2024Bullish Bias for NYSE - ANET on 9 DEC 2024.
Buy Limit @ 108 with Stop Loss @ 104.5.
Take Profit @ 111
ANET Analysis: Preparing for a Breakout or Pullback?As of December 8, 2024, ANET is trading at $109.00. Here’s an in-depth analysis and trading strategy for this tech leader.
1. Fundamental Analysis: Leveraging Network Technology Growth
* Forward P/E Ratio: 25.3, suggesting a fair valuation for a high-growth technology stock with strong fundamentals
CROSSING death cross on numerous indicators 340s in sightThe stochastics show a death cross formulating on the daily and numerous other indicators. It jumped with volatility and more than usual volume; I did declare that it may come down for a correction at some point before I expected it to break through 400, like a cannon. Still a firm supporter of bear
ANET at new ATH but heads up into $390: key barrier before $421ANET broke out to new All Time HIghs.
Now approaching a significant resistance.
This would be a good place for a retrace.
$ 386.64 - 393.84 is the immediate resistance.
$ 421.10 - 423.73 is the stronger barrier above.
$ 345.33 - 348.18 is the first good support below.
SIDEWAY CHANNEL eventually back in the white boxA correction with the current trend slowing down, possible continuation to 400 until sideway channel pattern breaks.
The Fundamentals Titan that is Arista NetworksNYSE:ANET is a popular tech stock with strong fundamentals while valuation methods such as PE Ratio, Price to sales, etc, might be signaling that it is overvalued, the forecast projections remain strong. Arista Networks has no debt and more then 3 Assets per Liability, With more then double the C
$ANET: A CANSLIM Case StudyC - Current Earnings:
NYSE:ANET 's recent earnings have been stellar, showing significant increases in EPS. If you're looking for growth, this is your green light. They're not just growing; they're thriving.
A - Annual Earnings:
Over the last year, we've seen Arista's earnings per share skyrocke
ANET TradeNYSE:ANET
Short-term Trade :
Entry: Look for a bounce near the $327-$328 level, especially if the price manages to reclaim the 20-period EMA. Consider a short-term buy if the RSI starts rising and the MACD shows positive momentum.
Target: $336 (next resistance at the 50-period EMA) and $340.
S
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Frequently Asked Questions
The current price of ANET is 110.63 USD — it has decreased by −2.18% in the past 24 hours. Watch Arista Networks stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange Arista Networks stocks are traded under the ticker ANET.
ANET stock has fallen by −1.99% compared to the previous week, the month change is a 8.67% rise, over the last year Arista Networks has showed a 86.30% increase.
We've gathered analysts' opinions on Arista Networks future price: according to them, ANET price has a max estimate of 140.00 USD and a min estimate of 80.00 USD. Watch ANET chart and read a more detailed Arista Networks stock forecast: see what analysts think of Arista Networks and suggest that you do with its stocks.
ANET reached its all-time high on Dec 16, 2024 with the price of 116.94 USD, and its all-time low was 3.28 USD and was reached on Feb 9, 2016. View more price dynamics on ANET chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ANET stock is 3.16% volatile and has beta coefficient of 2.38. Track Arista Networks stock price on the chart and check out the list of the most volatile stocks — is Arista Networks there?
Today Arista Networks has the market capitalization of 142.39 B, it has increased by 6.09% over the last week.
Yes, you can track Arista Networks financials in yearly and quarterly reports right on TradingView.
Arista Networks is going to release the next earnings report on Feb 13, 2025. Keep track of upcoming events with our Earnings Calendar.
ANET earnings for the last quarter are 0.60 USD per share, whereas the estimation was 0.52 USD resulting in a 15.33% surprise. The estimated earnings for the next quarter are 0.57 USD per share. See more details about Arista Networks earnings.
Arista Networks revenue for the last quarter amounts to 1.81 B USD, despite the estimated figure of 1.76 B USD. In the next quarter, revenue is expected to reach 1.90 B USD.
ANET net income for the last quarter is 747.94 M USD, while the quarter before that showed 665.43 M USD of net income which accounts for 12.40% change. Track more Arista Networks financial stats to get the full picture.
No, ANET doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Dec 30, 2024, the company has 4.02 K employees. See our rating of the largest employees — is Arista Networks on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Arista Networks EBITDA is 2.85 B USD, and current EBITDA margin is 39.72%. See more stats in Arista Networks financial statements.
Like other stocks, ANET shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Arista Networks stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Arista Networks technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Arista Networks stock shows the strong buy signal. See more of Arista Networks technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.