| NFLX latest price $496.4900 (1.94%) ($493.9800 - $507.7900) on Wed. Nov. 4, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.99% (three month average) |
RSI | 31 |
Latest Price | $496.4900(1.94%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 0.4% a day on average for past five trading days. |
Weekly Trend | NFLX declines -3.1% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support NFLX advance at 0% a week (0% probability) QQQ(60%) IWF(57%) IVW(56%) IBUY(54%) IPO(53%) |
Factors Impacting NFLX price | NFLX will decline at least -1.495% 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. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -1.495% (StdDev 2.99%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0% |
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