| NFLX latest price $403.0400 (2.01%) ($403.0400 - $407.5400) on Thu. Jun. 1, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.43% (three month average) |
RSI | 73 |
Latest Price | $403.0400(2.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 2% a day on average for past five trading days. |
Weekly Trend | NFLX advances 6.7% 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(46%) IWF(45%) VUG(45%) XLC(45%) XLK(45%) |
Factors Impacting NFLX price | NFLX will decline at least -1.215% in a week (0% probabilities). UUP(-25%) VXX(-21%) VIXM(-20%) EDOC(-14%) BLOK(-11%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.215% (StdDev 2.43%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
| |
|
|