| NFLX latest price $509.0000 (1.32%) ($498.7000 - $510.8200) on Thu. Aug. 6, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.39% (three month average) |
RSI | 57 |
Latest Price | $509.0000(1.32%) |
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 1.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal 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 -1.195% 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 | -1.195% (StdDev 2.39%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
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