| NFLX latest price $342.6300 (8.53%) ($342.6300 - $342.6300) on Fri. Jan. 20, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 3.28% (three month average) |
RSI | 82 |
Latest Price | $342.6300(8.53%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 0.8% a day on average for past five trading days. |
Weekly Trend | NFLX advances 4.4% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support NFLX advance at 0% a week (0% probability) QQQ(52%) IWF(50%) VUG(50%) XLK(50%) XLC(48%) |
Factors Impacting NFLX price | NFLX will decline at least -1.64% in a week (0% probabilities). VIXM(-22%) UUP(-17%) VXX(-8%) TBT(-3%) IGOV(-3%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.64% (StdDev 3.28%) |
Hourly BBV | 1.7 () |
Intraday Trend | 0% |
| |
|
|