Cloudflare stock is showing exceptional strength. What’s fueling NET momentum?
Critical Price Levels To Watch For NETCloudflare is extended above its major trend gauges, trading 13.8% above the 20-day SMA ($235.06), 17.6% above the 50-day SMA ($227.51) and 28.2% above the 200-day SMA ($208.62). That spacing typically signals strong trend control by buyers, but it also raises the bar for follow-through because pullbacks can snap back toward those averages.The 20-day SMA remains above the 50-day SMA (bullish), and the Golden Cross in May (50-day SMA above the 200-day SMA) keeps the longer-term trend bias pointed up. From a turning-point perspective, the stock’s recent swing high in June and swing low in May frame the current push as another attempt to reclaim the upper end of that range.Momentum-wise, MACD is above its signal line and the histogram is positive, which leans toward improving upside pressure versus the prior downswing. In plain terms, when MACD is above its signal line, it suggests buyers are gaining control relative to the recent baseline.
Key Resistance: $277 — Nearby round-number/pivot area that lines up with the 52-week high zone ($276.82), where breakouts often need multiple attempts
