| NFLX latest price $392.2950 (3.6%) ($392.2950 - $392.2950) on Tue. May. 30, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 2.48% (three month average) |
RSI | 74 |
Latest Price | $392.2950(3.6%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 1.6% a day on average for past five trading days. |
Weekly Trend | NFLX advances 4.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support NFLX advance at 0% a week (0% probability) QQQ(46%) IWF(45%) VUG(45%) XLC(45%) XLK(45%) |
Factors Impacting NFLX price | NFLX will decline at least -1.24% in a week (0% probabilities). UUP(-25%) VXX(-21%) VIXM(-20%) BLOK(-11%) ACES(-10%) |
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 | -1.24% (StdDev 2.48%) |
Hourly BBV | 1.2 () |
Intraday Trend | 0% |
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