ABG Analytics logo
 

Netflix Inc (NASDAQ: NFLX)

SPECIALTY RETAIL - Music & Video Stores
Sector: Information Technology
Stock price data as of 11/15/2024
Closing price: 823.96
Support price level: $735.28
Resistance price level: N/A
Relative strength index (14-day RSI) 82.0
Beta 1.37
  • NFLX is at or near its 52-week high. Studies have found that such stocks have an increased probability of outperforming the market over the next year.

  • With a 78.4 percent return in the past year, this stock outperformed 90 percent of stocks in the S&P-100.

  • Up 3.6 percent, NFLX is one of this week's biggest gainers.

  • The price of this high-beta stock is expected to increase by 1.37% for every 1% increase in the S&P-500.

  • Volatility is forecast to fall over the next month.

  • With RSI > 70, NFLX is overbought. Odds slightly favor a short-term price reversal.

  • Price broke above prior resistance level - a short-term bullish signal.

Low High Price as % of Range
$446.73 $837.26 97.5%
200 day 50 day 20 day 10 day
$654.83 $735.77 $778.85 $800.78
(Annualized standard deviation)
Historical
(5 year)		 Last month Current estimate Next month forecast
46.5% 32.8% 36.3% 38.9%
There is an estimated 5% probability that the stock price of Netflix Inc will fall by more than:
  • 9.9% in the next week.

  • 22.0% in the next month.

  • 62.3% in the next year.