NETFLIX INC.

4.9422 USD (+1.36%)

04/03/2025 - 16:17 Open 15 min delayed data - NASDAQ Stocks

Open:	4.8758
Change:	+0.0664
Volume:	21,749

Low:	4.8699
High:	4.9680
High / Low range:	0.0981

Type:	Stocks
Ticker:	NFLX
ISIN:

NETFLIX INC. - 1H - Technical analysis published on 10/25/2023 (GMT)

222
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10/25/2023 - 01:54
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Timeframe : 1H
- Analysis generated on 10/25/2023 - 01:54
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

28%

My opinion

Bullish above 410.64 USD

My targets

418.97 USD (+1.27%)

448.68 USD (+8.45%)

My analysis

The bullish trend is currently very strong on NETFLIX INC.. As long as the price remains above the support at 410.64 USD, you could try to benefit from the boom. The first bullish objective is located at 418.97 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 448.68 USD as an objective. Crossing it would then enable buyers to target 484.98 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Barts_XV. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NETFLIX INC. rating is 413.73 USD. The price has increased by +1.69% since the last closing and was between 408.39 USD and 416.69 USD. This implies that the price is at +1.31% from its lowest and at -0.71% from its highest.

408.39

416.69

413.73

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by NETFLIX INC.:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NETFLIX INC. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

CCI indicator: bearish divergence

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

The Central Indicators scanner found this result concerning these indicators:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	367.96	394.91	410.64	413.73	418.97	448.68	484.98
Change (%)	-11.06%	-4.55%	-0.75%	-	+1.27%	+8.45%	+17.22%
Change	-45.77	-18.82	-3.09	-	+5.24	+34.95	+71.25
Level	Intermediate	Intermediate	Intermediate	-	Major	Intermediate	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	400.88	404.64	409.18	412.94	417.48	421.24	425.78
Camarilla	411.45	412.21	412.97	413.73	414.49	415.25	416.01
Woodie	401.28	404.84	409.58	413.14	417.88	421.44	426.18
Fibonacci	404.64	407.81	409.77	412.94	416.11	418.07	421.24

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	294.34	319.53	360.25	385.44	426.16	451.35	492.07
Camarilla	382.84	388.88	394.92	400.96	407.00	413.04	419.09
Woodie	302.10	323.41	368.01	389.32	433.92	455.23	499.83
Fibonacci	319.53	344.71	360.27	385.44	410.62	426.18	451.35

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	265.63	318.37	347.98	400.72	430.33	483.07	512.68
Camarilla	354.95	362.50	370.05	377.60	385.15	392.70	400.25
Woodie	254.08	312.59	336.43	394.94	418.78	477.29	501.13
Fibonacci	318.37	349.82	369.26	400.72	432.17	451.61	483.07

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	69.53
MACD (12,26,9):	7.7900
Directional Movement:	25.74
AROON (14):	42.85
DEMA (21):	416.03
Parabolic SAR (0,02-0,02-0,2):	389.79
Elder Ray (13):	4.29
Super Trend (3,10):	400.62
Zig ZAG (10):	413.73
VORTEX (21):	1.0700
Stochastique (14,3,5):	78.66
TEMA (21):	416.24
Williams %R (14):	-16.29
Chande Momentum Oscillator (20):	13.07
Repulse (5,40,3):	0.6600
ROCnROLL:	1
TRIX (15,9):	0.3300
Courbe Coppock:	4.63

MA7:	383.72
MA20:	377.39
MA50:	399.95
MA100:	415.70
MAexp7:	411.50
MAexp20:	405.01
MAexp50:	391.55
MAexp100:	385.31
Price / MA7:	+7.82%
Price / MA20:	+9.63%
Price / MA50:	+3.45%
Price / MA100:	-0.47%
Price / MAexp7:	+0.54%
Price / MAexp20:	+2.15%
Price / MAexp50:	+5.66%
Price / MAexp100:	+7.38%

Quotes : 10/24/2023 - 19:59 - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on NETFLIX INC. at the time of the analysis were as follows:

09/26/2023 - 13:31 Thinking about trading options or stock in DraftKings, Carnival Corp, Meta Platforms, Netflix, or Sea Ltd?
09/26/2023 - 11:30 Redbox Adding More Catalog and Niche Titles to Serve Former Netflix DVD Customers
09/15/2023 - 16:00 Netflix to Announce Third Quarter 2023 Financial Results
09/06/2023 - 16:00 Netflix CFO to Present at the BofA Media, Communications & Entertainment Conference
08/30/2023 - 21:27 Prince Harry reveals mental struggles in new Netflix documentary

This member declared not having a position on this financial instrument or a related financial instrument.

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