| NFLX latest price $485.7000 (6.73%) ($454.0000 - $488.2300) on Wed. Jul. 1, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.05% (three month average) |
RSI | 71 |
Latest Price | $485.7000(6.73%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 1.2% a day on average for past five trading days. |
Weekly Trend | NFLX advances 3.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Value stock sell-off 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 -1.525% in a week (0% probabilities). VIXM(-28%) UUP(-16%) 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 | -1.525% (StdDev 3.05%) |
Hourly BBV | 2 () |
Intraday Trend | 0% |
| |
|
|