| NFLX latest price $193.2700 (-2.08%) ($193.2700 - $193.2700) on Wed. Jun. 1, 2022. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 5.48% (three month average) |
RSI | 70 |
Latest Price | $193.2700(-2.08%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 1.4% 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 | Broad based sell-off 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(64%) IWF(62%) IVW(60%) SPY(58%) IBUY(57%) |
Factors Impacting NFLX price | NFLX will decline at least -2.74% in a week (0% probabilities). VIXM(-24%) UUP(-23%) TBT(-14%) VXX(-6%) 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 | -2.74% (StdDev 5.48%) |
Hourly BBV | -0.7 () |
Intraday Trend | 0% |
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