| NFLX latest price $536.2100 (-1.08%) ($531.6500 - $536.2100) on Wed. Jul. 7, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.6% (three month average) |
RSI | 80 |
Latest Price | $536.2100(-1.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 0.1% a day on average for past five trading days. |
Weekly Trend | NFLX advances 3.3% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NFLX advance at 0% a week (0% probability) QQQ(60%) IBUY(58%) IWF(58%) IPO(56%) IVW(56%) |
Factors Impacting NFLX price | NFLX will decline at least -0.8% in a week (0% probabilities). VIXM(-30%) UUP(-15%) VXX(-9%) TBT(-4%) UNG(2%) |
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 | -0.8% (StdDev 1.6%) |
Hourly BBV | 0.1 () |
Intraday Trend | 0% |
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