By Mill Chart
Last update: Dec 24, 2024
Exploring Growth Potential: NETFLIX INC (NASDAQ:NFLX) and Its Base Formation. Growth investors seek promising revenue and EPS growth, and NETFLIX INC has come under our scrutiny for potential growth investing. While it's crucial to do your own research, we've detected NETFLIX INC on our screen for growth with base formation, suggesting it merits a closer look.
ChartMill assigns a Growth Rating to each stock, ranging from 0 to 10. This rating is determined by analyzing different growth elements, including EPS and revenue growth, spanning both historical and future figures. In the case of NASDAQ:NFLX, the assigned 8 reflects its growth potential:
ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NASDAQ:NFLX was assigned a score of 8 for health:
ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NASDAQ:NFLX scores a 8 out of 10:
Besides the Technical Rating, ChartMill also assign a Setup Rating to every stock. This setup score also ranges from 0 to 10 and determines to which extend the stock is consolidating. This is achieved by evaluating multiple short term technical indicators. NASDAQ:NFLX currently has a 8 as setup rating:
NFLX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 909.04, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.
Check the latest full fundamental report of NFLX for a complete fundamental analysis.
Check the latest full technical report of NFLX for a complete technical analysis.
This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.
NASDAQ:NFLX (6/5/2025, 10:06:09 AM)
1252.59
+12.93 (+1.04%)
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