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NETFLIX INC.
NETFLIX INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NFLX
ISIN:

NETFLIX INC. - Daily - Technical analysis published on 10/18/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 722.26 USD
My targets
800.55 USD (+5.63%)
My analysis
The bullish trend is currently very strong on NETFLIX INC.. As long as the price remains above the support at 722.26 USD, you could try to benefit from the boom. The first bullish objective is located at 800.55 USD. The bullish momentum would be boosted by a break in this resistance. 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.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.5

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.

AMIKOTUN
This analysis was given by AMIKOTUN. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The NETFLIX INC. price is 757.88 USD. The price registered an increase of +10.21% on the session and was traded between 736.23 USD and 763.41 USD over the period. The price is currently at +2.94% from its lowest and -0.72% from its highest.

736.23
763.41
757.88

A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this NETFLIX INC. chart shows a strongly 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further increase are moderate given the direction of the technical indicators.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 635.84 691.69 722.26 757.88
Change (%) -16.10% -8.73% -4.70% -
Change -122.04 -66.19 -35.62 -
Level Intermediate Major Major -



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard649.02663.45675.55689.98702.08716.51728.61
Camarilla680.35682.79685.22687.65690.08692.51694.95
Woodie647.86662.87674.39689.40700.92715.93727.45
Fibonacci663.45673.58679.85689.98700.11706.38716.51


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard661.24678.84700.81718.41740.38757.98779.95
Camarilla711.91715.54719.16722.79726.42730.05733.67
Woodie663.44679.93703.01719.50742.58759.07782.15
Fibonacci678.84693.95703.29718.41733.52742.86757.98


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard607.17633.98671.63698.44736.09762.90800.55
Camarilla691.54697.45703.36709.27715.18721.09727.00
Woodie612.58636.69677.04701.15741.50765.61805.96
Fibonacci633.98658.61673.82698.44723.07738.28762.90

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 64.03
MACD (12,26,9): 7.1500
Directional Movement: 13.39
AROON (14): 7.14
DEMA (21): 721.99
Parabolic SAR (0,02-0,02-0,2): 677.88
Elder Ray (13): 34.74
Super Trend (3,10): 684.94
Zig ZAG (10): 753.91
VORTEX (21): 0.9500
Stochastique (14,3,5): 39.94
TEMA (21): 720.37
Williams %R (14): -11.06
Chande Momentum Oscillator (20): 42.89
Repulse (5,40,3): -0.0800
ROCnROLL: 1
TRIX (15,9): 0.1600
Courbe Coppock: 1.95
MA7: 716.57
MA20: 714.38
MA50: 694.82
MA100: 673.32
MAexp7: 717.94
MAexp20: 711.67
MAexp50: 695.25
MAexp100: 670.36
Price / MA7: +5.76%
Price / MA20: +6.09%
Price / MA50: +9.08%
Price / MA100: +12.56%
Price / MAexp7: +5.56%
Price / MAexp20: +6.49%
Price / MAexp50: +9.01%
Price / MAexp100: +13.06%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


Don't forget to follow the news on NETFLIX INC.. At the time of publication of this analysis, the latest news was as follows:

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

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