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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Netflix, Inc. (NASDAQ:NFLX)

Crossroads (-60) - NFLX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NFLX?

MarketClub looks at technical strength and momentum to determine if the timing is right for NFLX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NFLX
Open High Low NFLX Price Change
556.49 579.21 555.28 577.29 +22.69
Entry Signal

MarketClub’s Trade Triangles for NFLX

long term up The long-term trend has been UP since Nov 14th, 2023 at 453.45

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2024 at 601.59

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 609.34

Smart Scan Analysis for NFLX

Based on our trend formula, NFLX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NFLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
556.49 579.21 555.28 577.29 +22.69
Prev. Close Volume Bid Ask Time
577.75 4358171 2024-04-23 15:59:59
Year High423.206Year High Date2018-06-21
Year Low195.42Year Low Date2018-01-02
52wk High63952wk High Date2024-04-08
52wk Low315.6252wk Low Date2023-05-02
Year End Close92.59Average Volume4,060,658
Shares Outstanding432,760Short Interest9,715,432
% Institutional90.3Market Cap126,214M
Assets488,277,210MLiabilities274,623,110M
P/E Ratio46.1014Beta1.19
Volatility59.63
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