NFLX 2020-09-21 Technical Analysis and Forecast


NFLX Report

Sample Size: 4; Percent Error: 25%

Current Trend Performance

NFLX is -14.2% from monthly high, 9.02% from monthly low, 0.41% from 10 day simple moving average, -3.6% from 20 day simple moving average, and -2.3% from 50 day simple moving average.

Forecast Ranges

Day 1:
The highs are 494.86, the lows are 474.41, and the median is 484.63. 50.0% to decrease between -5.22% - 0%. 50.0% to increase between 0% - 5.22%.
Day 2:
The highs are 502.78, the lows are 464.52, and the median is 483.65. 25.0% to decrease between -5.22% - 0%. 75.0% to increase between 0% - 5.22%.
Day 3:
The highs are 505.08, the lows are 472.53, and the median is 488.8. 25.0% to decrease between -5.22% - 0%. 75.0% to increase between 0% - 5.22%.
Day 4:
The highs are 519.91, the lows are 473.62, and the median is 496.76. 25.0% to decrease between -5.22% - 0%. 50.0% to increase between 0% - 5.22%. 25.0% to increase between 5.22% - 10.44%.
Day 5:
The highs are 529.37, the lows are 481.13, and the median is 505.25. 25.0% to decrease between -5.22% - 0%. 50.0% to increase between 0% - 5.22%. 25.0% to increase between 5.22% - 10.44%.
Day 6:
The highs are 530.75, the lows are 487.35, and the median is 509.05. 75.0% to increase between 0% - 5.22%. 25.0% to increase between 5.22% - 10.44%.
Day 7:
The highs are 540.86, the lows are 487.35, and the median is 514.11. 60.0% to increase between 0% - 5.22%. 20.0% to increase between 5.22% - 10.44%. 20.0% to increase between 10.44% - 15.66%.

Summary

SMA: Simple Moving Average

In next 5 days, there is possible support range between 461.91 and 480.99. There is possible resistance range between 506.43 and 512.79. Areas of uncertainty are beyond 443.83 and beyond 519.48. Minimum movement range is 5.22%.

Research conducted with Nforecast.

This is not a recommendation to buy, sell, or hold. This research is for educational, informational, and entertainment purposes. You should not construe any data or information presented by members on this blog or Nforecast LLC as investment, tax, legal, financial or other advice.