>>> Join us to access robo analyses for over 16,000+ stocks! <<<
Netflix Inc (NFLX) “On a long-term technical basis, the stock (NFLX) is trading below its 200-day moving average which implies it is in a negative trend.
The stock has support at 231.23 and 185.50. If the stock breaks down through support at 231.23 then it will probably continue lower to 185.50. The stock has resistance at 282.66 and at 297.75. If the stock breaks up through resistance at 282.66 then it will probably continue higher to 297.75. The 200-day moving average is at 334.59. This will also act as resistance. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 231.23 look for a rally to previous highs. The stock is extremely oversold according to the Stochastic Indicator (23.19), so look for a possible rebound soon. Confirm this with the Short-Term Opinion and Daily Opinion to keep from exiting prematurely.”
>>> Join us to access robo analyses for over 16,000+ stocks! <<<