Trading Signals: NFLX Stock Price Prediction and Forecast

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Mon. Jun. 12, 2023

Trading Signals: NFLX Stock Price Prediction and Forecast (Wed. Jan. 8, 2014 - Fri. Dec. 22, 2023)

(Netflex stock)
NFLX latest price $423.8450 (0.97%) ($423.8450 - $424.6800) on Mon. Jun. 12, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.36% (three month average)
RSI   79
Latest Price   $423.8450(0.97%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   NFLX advances 1% a day on average for past five trading days.
Weekly Trend   NFLX advances 5.9% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support NFLX advance at 0% a week (0% probability)
QQQ(47%)    XLK(47%)    IWF(46%)    VUG(46%)    XLC(44%)
Factors Impacting NFLX price   NFLX will decline at least -1.18% in a week (0% probabilities).
UUP(-25%)    VXX(-20%)    VIXM(-18%)    BLOK(-13%)    ACES(-11%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.18% (StdDev 2.36%)
Hourly BBV 1 ()
Intraday Trend 0%

5 Day Moving Average   $410.36(3.29%)
10 Day Moving Average   $405.26(4.59%)
20 Day Moving Average   $382.34(10.86%)
To recent high   0%
To recent low   44.4%
Market Cap   $186.922b

Netflix, Inc. is an Internet subscription service company, which provides subscription service streaming movies and television episodes over the Internet and sending DVDs by mail. It operates through the following segments: Domestic Streaming, International Streaming and Domestic DVD. The Domestic Streaming segment derives revenues from monthly membership fees for services consisting solely of streaming content to its members in the United States. The International Streaming segment includes fees from members outside the United States. The Domestic DVD segment covers revenues from services consisting solely of DVD-by-mail. The company was founded by Marc Randolph and Wilmot Reed Hastings Jr., on August 29, 1997 and is headquartered in Los Gatos, CA.

$. NFLX price fluctuates within 7.06% (three month std-dev: 2.36%) daily (68% of days).

Sample size 50 Average positive next day return: 2.41%(60%) Average negative next day return: -1.38%(40%) Sample size 50 Average positive next three day return: 2.99%(56%) Average negative next three day return: -5.69%(44%) Sample size 50 Average positive next weekly return: 3.75%(46%) Average negative next weekly return: -5.18%(54%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230712

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jun_12_2023	342.7	382.34	405.26	410.36	413.04	421.92	423.85(0.97%)	UT	HoldLong	65	0.5	249	170	249	249	5.04	87%	0.24	72.4	2.36%	1	1.5	79	1.4
2	Jun_9_2023	341.87	378.09	400.77	406.42	406.96	414.2	419.78(2.74%)	UT	HoldLong	65	0.5	264	130	268	253	11.36	81%	0.31	73	2.38%	1.2	1.6	76	1.7
3	Jun_8_2023	340.81	374.25	394.84	402.66	403.05	404.17	408.58(2.18%)	UT	OpenLong	75	0.2	132	20	118	174	4.83	80%	0.25	77.3	2.43%	1	1.4	70	2
4	Jun_7_2023	339.96	370.58	390.58	401.55	401.14	399.72	399.87(0.04%)	N/A	N/A	0	-0.1	-14	-30	-58	120	11.89	80%	0.22	80.5	2.42%	-0.8	1.2	78	2.2
5	Jun_6_2023	339.21	367.21	386.42	400.6	402.25	401.94	399.72(-1.1%)	UD	OpenLong	75	-0	44	10	5	160	4.34	80%	0.18	82.5	2.43%	-1	1.3	79	2.4

6	Jun_5_2023	338.59	363.76	382.8	399.11	401.1	401.94	404.17(0.8%)	UT	HoldLong	65	0.2	84	40	47	194	6.32	80%	0.22	83.5	2.43%	-0.3	1.6	79	2.3
7	Jun_2_2023	337.86	359.67	378.83	394.01	398.13	402.56	400.95(-0.52%)	UD	OpenLong	75	0.3	170	110	147	237	5.15	80%	0.22	78.9	2.43%	0.2	1.7	76	2.2
8	Jun_1_2023	337.12	355.62	375.53	385.58	392.56	399.64	403.04(2.01%)	UT	OpenLong	75	0.7	279	180	279	277	6.15	76%	0.23	70.5	2.43%	1.5	2	73	2
9	May_31_2023	336.34	351.34	369.25	377.93	381.22	393.7	395.11(0.72%)	UT	OpenLong	75	0.8	267	260	273	250	5.04	80%	0.21	65.9	2.48%	0.7	2	74	1.2
10	May_30_2023	335.64	347.38	363.12	370.14	373.78	385.48	392.3(3.6%)	UT	OpenLong	75	1.1	420	250	460	299	9.65	80%	0.3	59.4	2.48%	1.2	2.2	74	1.3

11	May_26_2023	334.65	343.84	357.38	364.29	364.74	368.74	378.67(5.53%)	UT	OpenLong	75	0.8	187	80	191	176	7.99	75%	0.21	57.9	2.44%	1.9	1.9	72	0.8
12	May_25_2023	333.94	341.21	353.37	361.69	360.81	362.08	358.81(-1.64%)	UD	OpenLong	75	-0.2	28	20	1	107	4.9	72%	0.15	60.2	2.37%	-0.6	1.1	71	0.2
13	May_24_2023	333.43	339.52	351.96	363.92	362.52	360.74	364.78(2.43%)	UT	OpenLong	75	0.1	54	-50	23	145	7.07	68%	0.21	65.5	2.37%	0.8	1.5	75	-0.2
14	May_23_2023	332.73	337.27	349.01	359.01	363.66	359.53	356.13(-1.91%)	N/A	N/A	0	-0.2	-1	-40	-39	113	6.08	67%	0.07	59.7	2.39%	-1.9	1.2	74	0.9
15	May_22_2023	332.49	335.51	346.68	354.5	359.7	364.29	363.08(-0.7%)	UD	OpenLong	75	0.6	58	130	32	135	4.99	67%	0.22	50.6	2.4%	-1.2	1.9	79	1.2

16	May_19_2023	331.77	333.66	343.43	349.06	352.35	367.8	365.65(-1.16%)	UD	OpenLong	75	1.2	339	340	367	253	6.72	63%	0.23	43.4	2.42%	0.5	2.4	74	1.6
17	May_18_2023	331.01	331.61	339.09	343.82	344.89	355.11	369.94(8.72%)	UT	OpenLong	75	2.3	430	220	481	275	19.39	63%	0.29	34.5	2.43%	1.5	3.4	72	2.1
18	May_17_2023	330.05	329.16	333.98	338.77	337.27	336.91	340.27(2.01%)	UT	OpenLong	75	0.2	50	-20	39	82	3.27	56%	0.17	21.6	2.19%	1.5	1.5	62	1.6
19	May_16_2023	329.48	328.26	331.96	337.79	338.38	334.67	333.55(-0.69%)	CR	SmallShort	-20	-0.6	-47	-70	-74	33	2.78	56%	0.02	13.8	2.18%	-1.1	0.8	62	1.1
20	May_15_2023	329.43	328.16	330.51	337.51	338.83	337.64	335.87(-1.07%)	N/A	N/A	0	-0.2	-58	-10	-86	25	3.65	56%	0.13	9.1	2.2%	-1.2	1.1	63	1.7

21	May_12_2023	329.01	327.92	329.36	336.57	337.92	342.09	339.49(-1.51%)	UD	OpenLong	75	0.4	86	100	85	87	5.6	58%	0.14	0.9	2.2%	0.3	1.7	58	1.2
22	May_11_2023	328.56	327.74	328.16	333.29	335.85	340.01	344.69(2.79%)	UT	OpenLong	75	1.5	204	110	228	130	6.71	58%	0.15	-11.7	2.21%	2.4	2.2	63	1.2
23	May_10_2023	328.07	327.6	326.06	328.53	330.44	333.76	335.34(0.95%)	UT	OpenLong	75	1	92	90	103	59	3.41	51%	0.15	-31.4	2.2%	1.9	1.2	60	1.1
24	May_9_2023	327.57	327.32	324.57	325.35	327	331.68	332.17(0.3%)	UT	OpenLong	75	1	129	120	151	62	5	51%	0.14	-53.3	2.26%	0.6	0.7	59	0.7
25	May_8_2023	327.11	327.54	323.46	322.51	323.82	327.13	331.19(2.51%)	UT	OpenLong	75	1.2	126	80	154	42	4.89	51%		-68.2	2.26%	1.6	0.5	47	1.2
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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