NETFLIX INC (NFLX)
US64110L1061 - Common Stock
We assign a technical rating of 10 out of 10 to NFLX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NFLX is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that NFLX is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by NFLX over the past year are nicely spread over this period.
NFLX is one of the better performing stocks in the Entertainment industry, it outperforms 90% of 72 stocks in the same industry.
NFLX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month NFLX has a been trading in the 858.91 - 941.75 range, which is quite wide. It is currently trading near the high of this range.
NFLX has an average volume of 3441730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, NFLX also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 909.04, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
604.41
945.94
We found 5 important support areas.
- A support zone ranging from 889.54 to 914.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @766.47 from a trend line in the daily time frame.
- Support @742.62 from a trend line in the weekly time frame.
- Support @695.68 from a trend line in the weekly time frame.
- Support @610.52 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 934.75 to 936.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.61
Mansfield2.41
10 Day High941.75
10 Day Low886.56
20 Day High941.75
20 Day Low858.91
52 Week High941.75
52 Week Low461.86
Performance
1 Week-1.05%
2 Weeks-0.25%
1 Month1.52%
3 Month28.85%
6 Month35.05%
12 Month87.2%
2 Year209.09%
3 Year51.29%
5 Year181.69%
10 Year1767.67%
15 Year11481.3%
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)-6.59
RSI(14)59.28
LBB892.62
UBB939.38
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 |
|---|---|---|---|
| 936.58 | 886.55 | 50.03 (5.34%) | 18.72% |
| An entry @936.58. This is a Buy Stop order right above the resistance zone. | An exit @886.55. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 50.03 points, which is 5.34%. | When investing 18.72% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
NETFLIX INC
NASDAQ:NFLX (12/24/2024, 3:18:36 PM)
After market: 933.5 +1.38 (+0.15%)932.12
+20.67 (+2.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg2.27%
1 Week-1.05%
2 Weeks-0.25%
1 Month1.52%
3 Month28.85%
6 Month35.05%
12 Month87.2%
2 Year209.09%
3 Year51.29%
5 Year181.69%
10 Year1767.67%
15 Year11481.3%
Volatility
ATR(14)20.47
ATR(20)%2.28%
ATR Inc15.78%
Range Today24.15
ADR(20)19.37
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.61
Mansfield2.41
10 Day High941.75
10 Day Low886.56
20 Day High941.75
20 Day Low858.91
52 Week High941.75
52 Week Low461.86
CS1 End909.04
CR1 Start934.75
Volume & EV
DER(3)-0.21%
DER(5)-0.83%
Volume2.32M
Volume Incr-5.19%
Vol(5)3.02M
Vol(50)3.44M