| NFLX latest price $547.6700 (11.67%) ($492.0750 - $549.0400) on Wed. Aug. 26, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.77% (three month average) |
RSI | 59 |
Latest Price | $547.6700(11.67%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 2.6% a day on average for past five trading days. |
Weekly Trend | NFLX advances 2% 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 -1.385% in a week (0% probabilities). VIXM(-27%) UUP(-16%) VXX(-10%) TBT(-6%) EDOC(0%) |
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 | -1.385% (StdDev 2.77%) |
Hourly BBV | 1.9 () |
Intraday Trend | 0% |
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