| NFLX latest price $490.7200 (-0.8%) ($490.7200 - $490.7200) on Wed. Dec. 20, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.53% (three month average) |
RSI | 56 |
Latest Price | $490.7200(-0.8%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NFLX advances 0.5% a day on average for past five trading days. |
Weekly Trend | NFLX advances 2.7% a week on average for past two weeks. |
Market Behavior | Broad based 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) SPLV(74%) XLP(73%) VUG(67%) IWF(63%) HYG(60%) |
Factors Impacting NFLX price | NFLX will decline at least -1.265% in a week (0% probabilities). URA(-35%) XHB(-28%) KWEB(-12%) IDRV(-11%) IWC(-47%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.265% (StdDev 2.53%) |
Hourly BBV | -0.3 () |
Intraday Trend | 0% |
| |
|
|