NETFLIX INC. - 1H - Technical analysis published on 07/03/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 474.01 USD
My targets
492.28 USD (+2.78%)
My analysis
NETFLIX INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 474.01 USD. The next resistance located at 492.28 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
NETFLIX INC. rating 478.97 USD. The price is lower by -1.37% since the last closing with the lowest point at 475.85 USD and the highest point at 492.28 USD. The deviation from the price is +0.66% for the low point and -2.70% for the high point.475.85
492.28
478.97
Here is a more detailed summary of the historical variations registered by NETFLIX INC.:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NETFLIX INC. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
An assessment of technical indicators shows a moderate bullish signal.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 445.57 | 454.19 | 474.01 | 478.97 | 492.28 |
| Change (%) | -6.97% | -5.17% | -1.04% | - | +2.78% |
| Change | -33.40 | -24.78 | -4.96 | - | +13.31 |
| Level | Intermediate | Major | Minor | - | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 429.45 | 441.73 | 463.68 | 475.96 | 497.91 | 510.19 | 532.14 |
| Camarilla | 476.23 | 479.37 | 482.50 | 485.64 | 488.78 | 491.92 | 495.05 |
| Woodie | 434.30 | 444.15 | 468.53 | 478.38 | 502.76 | 512.61 | 536.99 |
| Fibonacci | 441.73 | 454.80 | 462.88 | 475.96 | 489.03 | 497.11 | 510.19 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 400.65 | 421.45 | 432.42 | 453.22 | 464.19 | 484.99 | 495.96 |
| Camarilla | 434.66 | 437.58 | 440.49 | 443.40 | 446.31 | 449.23 | 452.14 |
| Woodie | 395.75 | 418.99 | 427.52 | 450.76 | 459.29 | 482.53 | 491.06 |
| Fibonacci | 421.45 | 433.58 | 441.08 | 453.22 | 465.35 | 472.85 | 484.99 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 345.10 | 374.67 | 414.86 | 444.43 | 484.62 | 514.19 | 554.38 |
| Camarilla | 435.86 | 442.25 | 448.65 | 455.04 | 461.44 | 467.83 | 474.22 |
| Woodie | 350.40 | 377.33 | 420.16 | 447.09 | 489.92 | 516.85 | 559.68 |
| Fibonacci | 374.67 | 401.32 | 417.79 | 444.43 | 471.08 | 487.55 | 514.19 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 66.50 | |
| MACD (12,26,9): | 7.4900 | |
| Directional Movement: | 20.49 | |
| AROON (14): | 71.43 | |
| DEMA (21): | 479.91 | |
| Parabolic SAR (0,02-0,02-0,2): | 491.63 | |
| Elder Ray (13): | 3.82 | |
| Super Trend (3,10): | 469.35 | |
| Zig ZAG (10): | 478.97 | |
| VORTEX (21): | 1.3300 | |
| Stochastique (14,3,5): | 68.37 | |
| TEMA (21): | 485.16 | |
| Williams %R (14): | -34.47 | |
| Chande Momentum Oscillator (20): | 23.93 | |
| Repulse (5,40,3): | -0.0900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2000 | |
| Courbe Coppock: | 12.40 |
| MA7: | 462.01 | |
| MA20: | 446.63 | |
| MA50: | 435.93 | |
| MA100: | 403.96 | |
| MAexp7: | 479.16 | |
| MAexp20: | 470.93 | |
| MAexp50: | 462.33 | |
| MAexp100: | 454.37 | |
| Price / MA7: | +3.67% | |
| Price / MA20: | +7.24% | |
| Price / MA50: | +9.87% | |
| Price / MA100: | +18.57% | |
| Price / MAexp7: | -0.04% | |
| Price / MAexp20: | +1.71% | |
| Price / MAexp50: | +3.60% | |
| Price / MAexp100: | +5.41% |
Quotes :
2020-07-02 17:00:01
-
15 min delayed data
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NASDAQ Stocks
News
The last news published on NETFLIX INC. at the time of the generation of this analysis was as follows:
- Netflix to Announce Second-Quarter 2020 Financial Results
-
Netflix Near All-Time High After COVID-19 Shutdowns
-
New Netflix Film Scores 0% On Rotten Tomatoes
-
Netflix, Hulu, and Peacock Are Bringing Back 1990s TV Shows
-
Netflix To Cancel Rarely Used Subscriptions
This member declared not having a position on this financial instrument or a related financial instrument.
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