| NFLX latest price $502.3800 (-1.37%) ($501.2000 - $510.1020) on Wed. Aug. 5, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 40 |
Latest Price | $502.3800(-1.37%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 0.7% a day on average for past five trading days. |
Weekly Trend | NFLX declines -0.1% a week on average for past two weeks. |
Market Behavior | Broad based 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(54%) |
Factors Impacting NFLX price | NFLX will decline at least -1.2% in a week (0% probabilities). VIXM(-27%) UUP(-16%) VXX(-10%) TBT(-6%) IYT(-5%) |
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 | -1.2% (StdDev 2.4%) |
Hourly BBV | 0 () |
Intraday Trend | 0% |
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