| NFLX latest price $515.0900 (3.5%) ($515.0900 - $515.0900) on Mon. Dec. 7, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.67% (three month average) |
RSI | 73 |
Latest Price | $515.0900(3.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 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 stocks sell-off for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NFLX advance at 0% a week (0% probability) QQQ(60%) IWF(58%) IVW(56%) IBUY(54%) IPO(53%) |
Factors Impacting NFLX price | NFLX will decline at least -1.335% in a week (0% probabilities). VIXM(-30%) UUP(-16%) VXX(-10%) TBT(-5%) IGOV(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.335% (StdDev 2.67%) |
Hourly BBV | 1.8 () |
Intraday Trend | 0% |
| |
|
|