| NFLX latest price $439.7900 (1.21%) ($439.7900 - $439.7900) on Fri. Sep. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.17% (three month average) |
RSI | 55 |
Latest Price | $439.7900(1.21%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 1.1% a day on average for past five trading days. |
Weekly Trend | NFLX advances 2.2% a week on average for past two weeks. |
Market Behavior | Value stock rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NFLX advance at 0% a week (0% probability) XLK(37%) XLC(36%) IWF(34%) QQQ(34%) VUG(34%) |
Factors Impacting NFLX price | NFLX will decline at least -1.085% in a week (0% probabilities). UUP(-25%) VXX(-17%) VIXM(-14%) UNG(-12%) TLT(-7%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.085% (StdDev 2.17%) |
Hourly BBV | 0.9 () |
Intraday Trend | 0% |
| |
|
|