| NFLX latest price $421.8500 (-1.3%) ($418.0500 - $427.1000) on Wed. Jun. 3, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 4.16% (three month average) |
RSI | 41 |
Latest Price | $421.8500(-1.3%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 0.1% a day on average for past five trading days. |
Weekly Trend | NFLX declines -2.9% a week on average for past two weeks. |
Market Behavior | Value stock rally 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(58%) IVW(56%) IBUY(54%) IPO(53%) |
Factors Impacting NFLX price | NFLX will decline at least -2.08% in a week (0% probabilities). VIXM(-27%) UUP(-16%) VXX(-11%) TBT(-6%) IYT(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -2.08% (StdDev 4.16%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0% |
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