| NFLX latest price $449.3400 (2.17%) ($449.3400 - $449.3400) on Tue. Sep. 5, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.19% (three month average) |
RSI | 60 |
Latest Price | $449.3400(2.17%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 1.5% a day on average for past five trading days. |
Weekly Trend | NFLX advances 3.4% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support NFLX advance at 0% a week (0% probability) XLC(31%) XLK(31%) QQQ(29%) VUG(29%) IWF(28%) |
Factors Impacting NFLX price | NFLX will decline at least -1.095% in a week (0% probabilities). UUP(-23%) VXX(-13%) TLT(-12%) VIXM(-11%) UNG(-10%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.095% (StdDev 2.19%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
| |
|
|