| NFLX latest price $348.0000 (0.8%) ($348.0000 - $348.0000) on Mon. Apr. 3, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.58% (three month average) |
RSI | 76 |
Latest Price | $348.0000(0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 1.2% a day on average for past five trading days. |
Weekly Trend | NFLX advances 5.6% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Normal for small cap. |
Correlated ETFs | Broad market will support NFLX advance at 0% a week (0% probability) QQQ(49%) IWF(48%) VUG(48%) XLC(47%) XLK(47%) |
Factors Impacting NFLX price | NFLX will decline at least -1.29% in a week (0% probabilities). VXX(-24%) VIXM(-23%) UUP(-21%) SKYY(-5%) XLU(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.29% (StdDev 2.58%) |
Hourly BBV | 1.6 () |
Intraday Trend | 0% |
| |
|
|