| NFLX latest price $527.9900 (5.56%) ($503.5100 - $529.5500) on Thu. Oct. 1, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.97% (three month average) |
RSI | 63 |
Latest Price | $527.9900(5.56%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 2.3% 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. 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 -1.485% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.485% (StdDev 2.97%) |
Hourly BBV | 2.3 () |
Intraday Trend | 0% |
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