NETFLIX INC.
NETFLIX INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NFLX
ISIN:

NETFLIX INC. - 1H - Technical analysis published on 06/16/2021 (GMT)

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  • Timeframe : 1H
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Summary of the analysis

Trends
Short term: Bearish
Underlying: Bearish
Technical indicators
22%
50%
28%
My opinion
Bearish under 494.85 USD
My targets
484.98 USD (-1.23%)
478.59 USD (-2.53%)
My analysis
There is a bearish trend on NETFLIX INC. both at the basic level and in the short term. A sale could be considered, so long as the price remains below 494.85 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 484.98 USD. Then the price could move towards 478.59 USD. Then 470.32 USD by extension. Be careful, a return to above the resistance 494.85 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
4.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

NETFLIX INC. rating 491.00 USD. On the day, this instrument lost -0.18% with the lowest point at 490.88 USD and the highest point at 496.46 USD. The deviation from the price is +0.02% for the low point and -1.10% for the high point.

490.88
496.46
491.00

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NETFLIX INC.:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of NETFLIX INC. indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. This bearish trend is slowing down slightly given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 4 are bullish, 5 are neutral and 9 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Aroon indicator bearish trend

Type : Bearish

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 470.32 478.59 484.98 491.00 494.85 499.02 503.57
Change (%) -4.21% -2.53% -1.23% - +0.78% +1.63% +2.56%
Change -20.68 -12.41 -6.02 - +3.85 +8.02 +12.57
Level Minor Intermediate Major - Minor Intermediate Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard476.96483.68487.79494.51498.62505.34509.45
Camarilla488.92489.92490.91491.90492.89493.89494.88
Woodie475.66483.03486.49493.86497.32504.69508.15
Fibonacci483.68487.82490.37494.51498.65501.20505.34


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard464.32473.23481.00489.91497.68506.59514.36
Camarilla484.18485.71487.24488.77490.30491.83493.36
Woodie463.75472.95480.43489.63497.11506.31513.79
Fibonacci473.23479.60483.54489.91496.28500.22506.59


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard440.84459.69481.25500.10521.66540.51562.07
Camarilla491.70495.40499.11502.81506.51510.22513.92
Woodie442.20460.37482.61500.78523.02541.19563.43
Fibonacci459.69475.13484.66500.10515.54525.07540.51

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 46.84
MACD (12,26,9): 0.1400
Directional Movement: 3.61
AROON (14): -57.15
DEMA (21): 494.11
Parabolic SAR (0,02-0,02-0,2): 498.21
Elder Ray (13): -1.48
Super Trend (3,10): 500.73
Zig ZAG (10): 492.04
VORTEX (21): 1.0300
Stochastique (14,3,5): 19.79
TEMA (21): 493.88
Williams %R (14): -88.02
Chande Momentum Oscillator (20): -9.19
Repulse (5,40,3): -0.6900
ROCnROLL: 2
TRIX (15,9): 0.0300
Courbe Coppock: 1.18
MA7: 491.11
MA20: 495.81
MA50: 508.43
MA100: 521.06
MAexp7: 492.98
MAexp20: 493.67
MAexp50: 493.53
MAexp100: 494.52
Price / MA7: -0.02%
Price / MA20: -0.97%
Price / MA50: -3.43%
Price / MA100: -5.77%
Price / MAexp7: -0.40%
Price / MAexp20: -0.54%
Price / MAexp50: -0.51%
Price / MAexp100: -0.71%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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