| NFLX latest price $504.1500 (3.77%) ($479.3400 - $513.9000) on Thu. Oct. 29, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.91% (three month average) |
RSI | 34 |
Latest Price | $504.1500(3.77%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 0.8% a day on average for past five trading days. |
Weekly Trend | NFLX declines -4.9% 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(59%) IWF(57%) IVW(56%) IBUY(54%) IPO(53%) |
Factors Impacting NFLX price | NFLX will decline at least -1.455% in a week (0% probabilities). VIXM(-28%) UUP(-16%) VXX(-10%) TBT(-6%) EDOC(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.455% (StdDev 2.91%) |
Hourly BBV | 3.9 () |
Intraday Trend | 0% |
| |
|
|