| NFLX latest price $490.7300 (1.66%) ($477.8800 - $492.0000) on Mon. Sep. 28, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.01% (three month average) |
RSI | 44 |
Latest Price | $490.7300(1.66%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 0.1% a day on average for past five trading days. |
Weekly Trend | NFLX declines -0.7% 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(55%) IPO(53%) |
Factors Impacting NFLX price | NFLX will decline at least -1.505% in a week (0% probabilities). VIXM(-28%) UUP(-16%) VXX(-10%) TBT(-6%) EDOC(-1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.505% (StdDev 3.01%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
| |
|
|