Netflix (NASDAQ: NFLX) STOCK RECOMMENDATION
Idea | BUY |
Buy Range | 710 – 720 |
Target | 745 – 750 |
StopLoss* | below 690 |
Duration | 10-12 Trading Days |
Potential Returns | 3% – 4% |
Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns |
BUY | 710 – 720 | 745 – 750 | below 690 | 10-12 Trading Days | 3% – 4% |
* Once the first target hit, reset the StopLoss at your buying price.
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Netflix (NASDAQ: NFLX) STOCK OVERVIEW
Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices. It has operations in approximately 190 countries. The company was incorporated in 1997 and is headquartered in Los Gatos, California.
Stock Data | |
NASDAQ Symbol | NFLX |
Sectoral Index | Consumer Discretionary |
52 Weeks High | 715.66 |
52 Weeks Low | 344.73 |
Netflix (NASDAQ: NFLX) - RELATIVE STRENGTH

Relative Performance - Last 1 Year
Netflix — NASDAQ —
Netflix (NASDAQ: NFLX) - DAILY TECHNICAL ANALYSIS

- The stock is clearly on an upward trajectory.
- It previously established a Cup & Handle pattern, and following the breakout, the price has been steadily ascending within a parallel channel.
- At present, the stock is trading at its peak, and a breakout from the parallel channel is expected, which could drive the price even higher.
Netflix (NASDAQ: NFLX) - RSI

- Current RSI of this stock is 65.36, which indicates the strength of buyers.
Netflix (NASDAQ: NFLX) - MACD

- MACD line has just crossed the signal line from the below and a positive histogram chart is forming. This can be considered as a bullish signal.
Netflix (NASDAQ: NFLX) - EMA Cross

- The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
CONCLUSION - Netflix (NASDAQ: NFLX) STOCK PRICE FORECAST
Based on our stock trading advice in USA, Netflix stock price target will be USD 745 – USD 750 in the next 10-12 trading sessions.