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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. - 1H - Technical analysis published on 12/30/2024 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 919.92 USD
My targets
889.55 USD (-1.88%)
858.91 USD (-5.26%)
My analysis
NETFLIX INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 919.92 USD. The next support located at 889.55 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 858.91 USD. Below this support, sellers could then target 839.16 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.3

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.

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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The NETFLIX INC. price is 906.58 USD. On the day, this instrument lost -0.11% and was between 889.71 USD and 908.23 USD. This implies that the price is at +1.90% from its lowest and at -0.18% from its highest.

889.71
908.23
906.58

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of NETFLIX INC. in 1H shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 1 hour



In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 5 are neutral and 9 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 839.16 858.91 889.55 906.58 908.69 919.92 936.56
Change (%) -7.44% -5.26% -1.88% - +0.23% +1.47% +3.31%
Change -67.42 -47.67 -17.03 - +2.11 +13.34 +29.98
Level Minor Intermediate Intermediate - Intermediate Minor Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard871.69883.10895.32906.73918.95930.36942.58
Camarilla901.05903.22905.38907.55909.72911.88914.05
Woodie872.11883.30895.74906.93919.37930.56943.00
Fibonacci883.10892.12897.70906.73915.75921.33930.36


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard848.07871.28889.42912.63930.77953.98972.12
Camarilla896.18899.97903.76907.55911.34915.13918.92
Woodie845.53870.01886.88911.36928.23952.71969.58
Fibonacci871.28887.08896.84912.63928.43938.19953.98


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard626.82687.30787.05847.53947.281,007.761,107.51
Camarilla842.75857.44872.12886.81901.50916.19930.87
Woodie646.47697.12806.70857.35966.931,017.581,127.16
Fibonacci687.30748.51786.32847.53908.74946.551,007.76

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): 44.01
MACD (12,26,9): -4.2200
Directional Movement: -13.43
AROON (14): -71.42
DEMA (21): 902.73
Parabolic SAR (0,02-0,02-0,2): 918.92
Elder Ray (13): -2.94
Super Trend (3,10): 916.17
Zig ZAG (10): 902.75
VORTEX (21): 0.9500
Stochastique (14,3,5): 29.63
TEMA (21): 899.37
Williams %R (14): -65.05
Chande Momentum Oscillator (20): -22.14
Repulse (5,40,3): 1.0000
ROCnROLL: 2
TRIX (15,9): -0.0400
Courbe Coppock: 4.65
MA7: 912.81
MA20: 914.50
MA50: 850.62
MA100: 771.49
MAexp7: 902.18
MAexp20: 907.43
MAexp50: 911.31
MAexp100: 909.18
Price / MA7: -0.68%
Price / MA20: -0.87%
Price / MA50: +6.58%
Price / MA100: +17.51%
Price / MAexp7: +0.49%
Price / MAexp20: -0.09%
Price / MAexp50: -0.52%
Price / MAexp100: -0.29%

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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Londinia
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