Netflix Incorporation (NASDAQ: NFLX) STOCK RECOMMENDATION
Idea | BUY |
Buy Range | 890 – 900 |
Target | 930 – 940 |
StopLoss* | below 875 |
Duration | 14-15 Trading Days |
Potential Returns | 4% – 5% |
Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns |
BUY | 890 – 900 | 930 – 940 | below 875 | 14-15 Trading Days | 4% – 5% |
* Once the first target hit, reset the StopLoss at your buying price.
Our recommendations are authentic and transparent. Find this recommendation posted in Tradingview. Be assured such records are permanent and irreversible.
Netflix Incorporation (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 | 908 |
52 Weeks Low | 445.73 |
Netflix Incorporation (NASDAQ: NFLX) - RELATIVE STRENGTH
Relative Performance - Last 1 Year
NFLX — NASDAQ —
Netflix Incorporation (NASDAQ: NFLX) - DAILY TECHNICAL ANALYSIS
- The stock is currently experiencing an upward trend.
- It previously established a Rounding Bottom Pattern.
- Following a breakout, the stock started to climb within an ascending parallel channel.
- Recently, a breakout from this channel drove the price to reach its all-time high.
- It is expected that this upward momentum will persist, leading to further price increases.
Netflix Incorporation (NASDAQ: NFLX) - RSI
- Current RSI of this stock is 73.97, which indicates the strength of buyers.
Netflix Incorporation (NASDAQ: NFLX) - ADX & DI
- Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.
Netflix Incorporation (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 dayโs candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.
CONCLUSION - Netflix Incorporation (NASDAQ: NFLX) STOCK PRICE FORECAST
Based on our stock trading advice in USA, Netflix Incorporation stock price target will be USD 930 – USD 940 in the next 14-15 trading sessions.