NETFLIX INC (NFLX) Stock Technical Analysis
NASDAQ:NFLX - Nasdaq - US64110L1061 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to NFLX. In the last year, NFLX was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month NFLX has a been trading in the 948.21 - 1064.50 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, NFLX did better than 93% of all other stocks. On top of that, NFLX also shows a nice and consistent pattern of rising prices.
NFLX is one of the better performing stocks in the Entertainment industry, it outperforms 92% of 71 stocks in the same industry.
NFLX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NFLX is performing more or less in line with the market.
NFLX has an average volume of 3910790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NFLX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 986.43, a Stop Loss order could be placed below this zone.
More info and screens
796.00
1,000.83
4 important support areas can be observed.
- A support zone ranging from 980.55 to 986.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 948.52 to 963.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 909.51 to 915.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @804.04 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.99
Mansfield2.79
10 Day High1045
10 Day Low948.21
20 Day High1064.5
20 Day Low948.21
52 Week High1064.5
52 Week Low542.01
Performance
1 Week0.09%
2 Weeks-5.02%
1 Month-0.4%
3 Month6.01%
6 Month48.84%
12 Month63.84%
2 Year186.82%
3 Year164.54%
5 Year163.89%
10 Year1564.65%
15 Year9306.63%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-8.48
RSI(14)52.16
LBB942.36
UBB1064.18
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1,045.01 | 980.54 | 64.47 (6.17%) | 16.21% |
| An entry @1045.01. This is a Buy Stop order right above the 10 day high. | An exit @980.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 64.47 points, which is 6.17%. | For a 1.00% total portfolio risk, you can invest 16.21% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
990.92
+18.34 (+1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg1.89%
1 Week0.09%
2 Weeks-5.02%
1 Month-0.4%
3 Month6.01%
6 Month48.84%
12 Month63.84%
2 Year186.82%
3 Year164.54%
5 Year163.89%
10 Year1564.65%
15 Year9306.63%
Volatility
ATR(14)29.73
ATR(20)%2.78%
ATR Inc10.7%
Range Today26.12
ADR(20)27.17
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.99
Mansfield2.79
10 Day High1045
10 Day Low948.21
20 Day High1064.5
20 Day Low948.21
52 Week High1064.5
52 Week Low542.01
CS1 End986.43
CR1 StartN/A
Volume & EV
DER(3)2.17%
DER(5)2.05%
Volume3.81M
Volume Incr12.27%
Vol(5)4.12M
Vol(50)3.91M