NYSEARCA:NFLT - NYSE Arca - US26923G7079 - ETF - Currency: USD
Taking everything into account, NFLT scores 3 out of 10 in our technical rating. NFLT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
NFLT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 22.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.67, a Stop Loss order could be placed below this zone.
21.99
We found 1 important support area.
We found 1 important resistance area.
22.7009
+0.02 (+0.09%)