| NFLX latest price $454.1800 (2.77%) ($437.5100 - $455.0000) on Fri. May. 15, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.27% (three month average) |
RSI | 64 |
Latest Price | $454.1800(2.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 0.9% a day on average for past five trading days. |
Weekly Trend | NFLX advances 3.2% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NFLX advance at 0% a week (0% probability) QQQ(60%) IWF(57%) IVW(55%) IBUY(54%) IPO(53%) |
Factors Impacting NFLX price | NFLX will decline at least -2.135% in a week (0% probabilities). VIXM(-27%) UUP(-15%) VXX(-11%) TBT(-6%) IYT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.135% (StdDev 4.27%) |
Hourly BBV | 2.3 () |
Intraday Trend | 0% |
| |
|
|