Buy Netflix | NASDAQ – NFLX | Short Term Trading Advice | Consumer Discretionary Sector | 25 Sep 2025 | Expected Gain 3% – 4%

Date

25 September 2024

Analysed By

Naranj Capital Research Desk

Stock Market

NASDAQ, United States of America

Stoploss reached. Trade closed.

NFLX

3 days

17 Oct 2024

25 Sep 2024

Loss per
100,000 USD

3 days

-2,817

Stop-loss

17 Oct 2024

690

Buy Advice

25 Sep 2024

710 – 720

Target 1

745

Target 2

750

Profit per
100,000 USD

-2,817

690

710 – 720

745

750

Short Term Trading Advice in USA

Buy

Buy
Range

Target

Stoploss

Upside
Potential

Trade
Duration

Netflix (NASDAQ: NFLX)

710 – 720

745 – 750

Below 690

3% – 4%

10 - 12 Days

Buy Netflix (NASDAQ: NFLX)

Buy
Range 710 – 720

Target 745 – 750

Stoploss Below 690

Upside
Potential 3% – 4%

Trade
Duration 10 - 12 Days

* Once the first target hit, reset the StopLoss at your buying price.

* Trade durations are approximate; actual holding period may vary.

Netflix (NASDAQ: NFLX) - Stock Overview

NASDAQ code

Stock Name

Sector

52 Weeks High

52 Weeks Low

NFLX

Netflix

Consumer Discretionary

715.66

344.73

NASDAQ code NFLX

Stock Name Netflix

Sector Consumer Discretionary

52 Weeks High 715.66

52 Weeks Low 344.73

Company profile

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.

Netflix (NASDAQ: NFLX) vs NASDAQ - Relative Strength Comparison

The image showcases Netflix's 1-year performance relative to NASDAQ. — Relative Performance - Last 1 Year
NFLX — NASDAQ —

Netflix (NASDAQ: NFLX) - Technical Analysis (Daily)

Netflix - Technical Analysis chart on Daily Price and Volume

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 Indicator

Netflix stock analysis based on RSI indicator — Netflix - RSI indicator

Current RSI of this stock is 65.36, which indicates the strength of buyers..

Netflix (NASDAQ: NFLX) - MACD Indicator

Netflix stock analysis based on MACD indicator — Netflix - MACD indicator

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 Crossover

Netflix stock analysis based on EMA Crossover — Netflix - EMA Crossover

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.