NETFLIX INC (NFLX) Stock Technical Analysis
NASDAQ:NFLX - Nasdaq - US64110L1061 - Common Stock - Currency: USD
Taking everything into account, NFLX scores 8 out of 10 in our technical rating. NFLX has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that NFLX is one of the better performing stocks in the market, outperforming 96% of all 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 72 stocks in the same industry.
NFLX is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so NFLX slightly outperforms the market at the moment.
In the last month NFLX has a been trading in the 821.10 - 998.70 range, which is quite wide. It is currently trading near the high of this range.
NFLX has an average volume of 4933740 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 and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
832.48
1,000.83
When analyzing the support we can see 3 important areas.
- A support zone ranging from 922.12 to 937.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 855.85 to 869.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @840.89 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @990.92 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.14
Mansfield3.33
10 Day High993.45
10 Day Low821.1
20 Day High998.7
20 Day Low821.1
52 Week High1064.5
52 Week Low542.01
Performance
1 Week5.63%
2 Weeks6.1%
1 Month2.33%
3 Month13.39%
6 Month27.38%
12 Month75.31%
2 Year194.92%
3 Year411.15%
5 Year131.76%
10 Year1123.94%
15 Year6786.97%
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)7.82
RSI(14)56.12
LBB852.09
UBB995.73
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 |
|---|---|---|---|
| 990.93 | 922.11 | 68.82 (6.94%) | 14.40% |
| An entry @990.93. This is a Buy Stop order right above the resistance zone. | An exit @922.11. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 68.82 points, which is 6.94%. | When investing 14.40% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of NFLX. Please evaluate whether better entry and exit points can be found.
- 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.
973.03
+11.4 (+1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg1.19%
1 Week5.63%
2 Weeks6.1%
1 Month2.33%
3 Month13.39%
6 Month27.38%
12 Month75.31%
2 Year194.92%
3 Year411.15%
5 Year131.76%
10 Year1123.94%
15 Year6786.97%
Volatility
ATR(14)49.16
ATR(20)%4.44%
ATR Inc-39.05%
Range Today28.7
ADR(20)41.2
ADR(20)%4.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.14
Mansfield3.33
10 Day High993.45
10 Day Low821.1
20 Day High998.7
20 Day Low821.1
52 Week High1064.5
52 Week Low542.01
CS1 End937.27
CR1 Start990.92
Volume & EV
DER(3)2.39%
DER(5)0.89%
Volume8.89M
Volume Incr18.12%
Vol(5)6.16M
Vol(50)4.93M