| NFLX latest price $554.6150 (1.4%) ($554.6150 - $554.6150) on Wed. Feb. 24, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.94% (three month average) |
RSI | 60 |
Latest Price | $554.6150(1.4%) |
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 -0.5% 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%) IBUY(56%) IVW(56%) IPO(55%) |
Factors Impacting NFLX price | NFLX will decline at least -1.47% in a week (0% probabilities). VIXM(-30%) UUP(-16%) VXX(-10%) TBT(-5%) IGOV(-5%) |
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 | -1.47% (StdDev 2.94%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
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