NASDAQ:NFLX - Nasdaq - US64110L1061 - Common Stock - Currency: USD
Overall NFLX gets a technical rating of 7 out of 10. In the last year, NFLX was one of the better performers, but we do observe some doubts in the very recent evolution.
Although NFLX has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
917.61
3 important support areas can be observed.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NFLX is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NFLX is down. |
ChartMill Relative Strength | 91.41 | POSITIVE | NFLX has a high relative strength, it outperformed 91.41% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NFLX is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of NFLX is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NFLX is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 38.74 | NEUTRAL | The RSI value for NFLX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -13.77 | NEGATIVE | The MACD value suggests NFLX has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 9.93 | OVERSOLD | The low Stochastics value suggests NFLX may be oversold. |
Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for NFLX suggests some volalility. |
Average Directional Index/ADX (14) | 23.61 | NEUTRAL | The ADX value for NFLX suggests a possible start of a new trend. |
1180.49
-0.27 (-0.02%)