NETFLIX INC. - 1H - Technical analysis published on 06/16/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
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
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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 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.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by NETFLIX INC.:
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:
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:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
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:
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 476.96 | 483.68 | 487.79 | 494.51 | 498.62 | 505.34 | 509.45 |
Camarilla | 488.92 | 489.92 | 490.91 | 491.90 | 492.89 | 493.89 | 494.88 |
Woodie | 475.66 | 483.03 | 486.49 | 493.86 | 497.32 | 504.69 | 508.15 |
Fibonacci | 483.68 | 487.82 | 490.37 | 494.51 | 498.65 | 501.20 | 505.34 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 464.32 | 473.23 | 481.00 | 489.91 | 497.68 | 506.59 | 514.36 |
Camarilla | 484.18 | 485.71 | 487.24 | 488.77 | 490.30 | 491.83 | 493.36 |
Woodie | 463.75 | 472.95 | 480.43 | 489.63 | 497.11 | 506.31 | 513.79 |
Fibonacci | 473.23 | 479.60 | 483.54 | 489.91 | 496.28 | 500.22 | 506.59 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 440.84 | 459.69 | 481.25 | 500.10 | 521.66 | 540.51 | 562.07 |
Camarilla | 491.70 | 495.40 | 499.11 | 502.81 | 506.51 | 510.22 | 513.92 |
Woodie | 442.20 | 460.37 | 482.61 | 500.78 | 523.02 | 541.19 | 563.43 |
Fibonacci | 459.69 | 475.13 | 484.66 | 500.10 | 515.54 | 525.07 | 540.51 |
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 :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on NETFLIX INC.. At the time of publication of this analysis, the latest news was as follows:
- Netflix to Announce Second-Quarter 2021 Financial Results
- Cinemark To Show Army of the Dead in Theatres Across the U.S. Prior to Release on Netflix
- Mattel Joins with 9 Story Media and Karma’s World Entertainment for Multi-Year Global Licensing Deal on Chris Bridges’ Upcoming Animated Series Karma’s World on Netflix
- Beyond its prime? Netflix stocks tumble as the company fails to meet targets
- Why Shares Of Netflix Are Down By 8% Today?
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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