| NFLX latest price $539.3000 (1.4%) ($535.0000 - $544.2800) on Fri. Oct. 9, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 3.1% (three month average) |
RSI | 64 |
Latest Price | $539.3000(1.4%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 1.4% a day on average for past five trading days. |
Weekly Trend | NFLX advances 4.7% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Growth stock 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 -1.55% 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 | -1.55% (StdDev 3.1%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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