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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Netflix, Inc. (NASDAQ:NFLX)

Sidelines Mode (-55) - NFLX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
645.0000 646.9899 629.7700 631.4000 -2.6900
Entry Signal

MarketClub’s Trade Triangles for NFLX

long term up The long-term trend has been UP since Nov 14th, 2023 at 453.450

intermediate term down The intermediate-term trend has been DOWN since Jul 11th, 2024 at 662.300

short term up The short-term trend has been UP since Jul 19th, 2024 at 663.675

Smart Scan Analysis for NFLX

Based on our trend formula, NFLX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NFLX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
645.0000 646.9899 629.7700 631.4000 -2.6900
Prev. Close Volume Bid Ask Time
634.0900 2719559 2024-07-26 15:59:53
Year High423.206Year High Date2018-06-21
Year Low195.42Year Low Date2018-01-02
52wk High697.4952wk High Date2024-07-05
52wk Low344.7352wk Low Date2023-10-18
Year End Close92.59Average Volume3,723,708
Shares Outstanding429,165Short Interest9,715,432
% Institutional90.3Market Cap126,214M
Assets490,988,950MLiabilities269,862,020M
P/E Ratio39.5812Beta1.19
Volatility59.63
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