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Stock Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

Netflix, Inc. (NASDAQ:NFLX)

Long-Term Uptrend (+90) - NFLX is in a strong uptrend that is likely to continue. While NFLX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
681.8000 689.8800 673.7203 679.1100 -6.5600
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 up The intermediate-term trend has been UP since May 15th, 2024 at 623.98

short term up The short-term trend has been UP since Jun 5th, 2024 at 648.58

Smart Scan Analysis for NFLX

Based on our trend formula, NFLX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NFLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
681.8000 689.8800 673.7203 679.1100 -6.5600
Prev. Close Volume Bid Ask Time
679.0300 2151944 2024-06-20 15:59:30
Year High423.206Year High Date2018-06-21
Year Low195.42Year Low Date2018-01-02
52wk High687.0652wk High Date2024-06-18
52wk Low344.7352wk Low Date2023-10-18
Year End Close92.59Average Volume2,716,321
Shares Outstanding430,965Short Interest9,715,432
% Institutional90.3Market Cap126,214M
Assets488,277,210MLiabilities274,623,110M
P/E Ratio47.517Beta1.19
Volatility59.63
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