| NFLX latest price $311.4900 (-2.55%) ($311.4900 - $311.4900) on Mon. Dec. 5, 2022. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.93% (three month average) |
RSI | 56 |
Latest Price | $311.4900(-2.55%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 2% a day on average for past five trading days. |
Weekly Trend | NFLX advances 1.7% a week on average for past two weeks. |
Market Behavior | Broad based sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NFLX advance at 0% a week (0% probability) QQQ(57%) IWF(55%) IVW(51%) SPY(50%) FIVG(47%) |
Factors Impacting NFLX price | NFLX will decline at least -1.965% in a week (0% probabilities). TBT(-9%) VIXM(-6%) VXX(-5%) UUP(-4%) ACES(0%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.965% (StdDev 3.93%) |
Hourly BBV | -2.4 () |
Intraday Trend | 0% |
| |
|
|