Londinia Opportunities Analyses - 05/14/2024 (GMT) NETFLIX INC.DL-.001 - 1H

NETFLIX INC.DL-.001
- EUR (-)
- 15 min delayed data - Germany Stocks
Type: Stocks
Ticker: NFC
ISIN:

I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
  • Europe Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 561.0 EUR
My targets
578.6 EUR (+1.54%)
586.9 EUR (+3.00%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NETFLIX INC.DL-.001 as long as the price remains well above 561.0 EUR. The buyers' bullish objective is set at 578.6 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 586.9 EUR. If there is any crossing, the next objective would be the resistance located at 595.7 EUR. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

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
8

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.

Additional analysis

Quotes

The NETFLIX INC.DL-.001 rating is 569.8 EUR. On the day, this instrument gained +0.85% and was between 569.0 EUR and 572.7 EUR. This implies that the price is at +0.14% from its lowest and at -0.51% from its highest.

569.0
572.7
569.8

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

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.DL-.001 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. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour


MACD crosses UP its Moving Average

Type : Bullish

Timeframe : 1 hour


Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 527.6 544.1 561.0 569.8 578.6 586.9 595.7
Change (%) -7.41% -4.51% -1.54% - +1.54% +3.00% +4.55%
Change -42.2 -25.7 -8.8 - +8.8 +17.1 +25.9
Level Minor Intermediate Intermediate - Intermediate Major Minor



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
Standard554.0558.2561.6565.8569.2573.4576.8
Camarilla562.9563.6564.3565.0565.7566.4567.1
Woodie553.6558.0561.2565.6568.8573.2576.4
Fibonacci558.2561.1562.9565.8568.7570.5573.4


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard501.2519.1542.7560.6584.2602.1625.7
Camarilla554.8558.6562.4566.2570.0573.8577.6
Woodie504.0520.5545.5562.0587.0603.5628.5
Fibonacci519.1535.0544.8560.6576.5586.3602.1


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard400.0454.8486.1540.9572.2627.0658.3
Camarilla493.7501.6509.5517.4525.3533.2541.1
Woodie388.3448.9474.4535.0560.5621.1646.6
Fibonacci454.8487.7508.0540.9573.8594.1627.0

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): 57.90
MACD (12,26,9): 1.8000
Directional Movement: 6.9
AROON (14): 21.4
DEMA (21): 570.8
Parabolic SAR (0,02-0,02-0,2): 573.2
Elder Ray (13): 2.2
Super Trend (3,10): 573.7
Zig ZAG (10): 571.0
VORTEX (21): 1.0000
Stochastique (14,3,5): 80.30
TEMA (21): 569.1
Williams %R (14): -16.50
Chande Momentum Oscillator (20): 4.6
Repulse (5,40,3): -0.1000
ROCnROLL: 1
TRIX (15,9): 0.0000
Courbe Coppock: 0.30
MA7: 564.9
MA20: 546.4
MA50: 560.1
MA100: 524.9
MAexp7: 569.9
MAexp20: 568.2
MAexp50: 561.9
MAexp100: 554.1
Price / MA7: +0.87%
Price / MA20: +4.28%
Price / MA50: +1.73%
Price / MA100: +8.55%
Price / MAexp7: -0.02%
Price / MAexp20: +0.28%
Price / MAexp50: +1.41%
Price / MAexp100: +2.83%

Quotes : - 15 min delayed data - Actions Allemagne