| NFLX latest price $416.7600 (2.91%) ($409.6000 - $419.4675) on Wed. Jun. 20, 2018. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.47% (three month average) |
RSI | 88 |
Latest Price | $416.7600(2.91%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 1.9% a day on average for past five trading days. |
Weekly Trend | NFLX advances 5.5% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NFLX advance at 0% a week (0% probability) QQQ(60%) IWF(56%) IBUY(55%) IVW(55%) SKYY(53%) |
Factors Impacting NFLX price | NFLX will decline at least -1.235% in a week (0% probabilities). VXX(-13%) VIXM(-11%) UUP(-11%) XLC(-4%) TLT(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.235% (StdDev 2.47%) |
Hourly BBV | 0 () |
Intraday Trend | 0.4% |
| |
|
|