| NFLX latest price $502.8400 (2.04%) ($493.8100 - $505.1000) on Wed. Jul. 8, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.03% (three month average) |
RSI | 69 |
Latest Price | $502.8400(2.04%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 2% a day on average for past five trading days. |
Weekly Trend | NFLX advances 3.9% a week on average for past two weeks. |
Market Behavior | Growth stock rally 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(58%) IVW(56%) IBUY(54%) IPO(53%) |
Factors Impacting NFLX price | NFLX will decline at least -1.515% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.515% (StdDev 3.03%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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