Netflix

post-image

Technical Analysis – Netflix stock’s bullish bias improves, reeling in the 200-day MA

Posted on November 22, 2019 at 1:59 pm GMT

Netflix stock is overtaking the 308.30 swing high level, which is a pullback level where sellers previously took full control. The push up backs the rebound off the nine-month low of 252.13, reaffirming the bullish bias. Further supporting this view is the upwards slopes in the 20- and 40-day simple moving averages (SMAs) and the bullish crossover between the two. The short-term oscillators reflect strengthening positive momentum. The MACD, in the positive zone, is rising above its red trigger line, [..]

post-image

Technical Analysis – Netflix stock collapses out of a 3-month trading range

Posted on August 30, 2019 at 2:22 pm GMT

Netflix stock plummeted out of a three-month sideways market breaching the lower boundary of 335.88, where the 200-day SMA also happened to lie. The stocks’ one-and-a-half-month plunge which started July 11, had the price retrace to around 287.09, slightly below 290.15, which is the 61.8% Fibonacci retracement level of the up leg from 230.78 to 386.00. The MACD suggests an increase in positive directional momentum as it has moved above its red trigger line in the negative zone. The RSI [..]

post-image

Netflix earnings likely to be weighed by slower subscriber growth – Stock Market News

Posted on July 17, 2019 at 1:45 pm GMT

Streaming giant Netflix is due to announce its second quarter earnings later today after the market close on Wall Street – the first of the FAANG companies to report. As competition heats up in the sector, all eyes will be on how many new subscribers Netflix managed to attract in Q2 amid concerns about the outlook for subscriber growth in streaming services. Company to report lower EPS in Q2 Netflix is expected to report earnings per share (EPS) of $0.57, [..]

post-image

Technical Analysis – Netflix stock tests 7-month high; narrow range in medium term

Posted on July 11, 2019 at 9:44 am GMT

Netflix stock experienced a short-term upside rally from the bottom boundary of the trading range for the last month, that began at the end of April, to the upper boundary of a seven-month high of 386. The stock has temporarily faltered near the resistance, waiting for the buyers’ and sellers to set the direction.  Although in a sideways move, the short- and medium-term simple moving averages (SMAs) of 14-, 21- and 40-day SMAs, confirm a positive momentum on price action [..]

post-image

Technical Analysis – Netflix stock finds support at 23.6% Fibonacci and 20-SMA

Posted on June 12, 2019 at 1:21 pm GMT

Netflix stock price posted a significant red day on Tuesday, heading below the short-term moving averages in the daily timeframe, creating a neutral bias. The RSI indicator dropped beneath the 50 level, while the MACD oscillator is weakening below the trigger line over the last month, but it is still developing in the negative territory. In case of more losses, support could come below the 23.6% Fibonacci retracement level of the upleg from 230.60 to 385.73, around 351 at the 322 barrier. A [..]

post-image

Technical Analysis – Netflix stock eases below SMAs in neutral bias

Posted on April 15, 2019 at 11:50 am GMT

Netflix stock price posted a significant red day on Friday, heading below the short-term moving averages in the daily timeframe, creating a neutral bias. The RSI indicator dropped beneath the 50 level with strong momentum, while the MACD oscillator is weakening below the trigger line over the last three months, but it is still developing in the positive territory. Should the market extend losses, support could be met between the 23.6% Fibonacci retracement level of the upleg from 230.60 to [..]

post-image

Netflix earnings set to decline, but stock up 37% this year – Stock Market News

Posted on April 12, 2019 at 12:21 pm GMT

Netflix is set to report a decline in its earnings when it releases its Q1 results on Tuesday, after the US market close. Yet, that’s owed mainly to soaring spending on original content, which is an investment for the future. Traders don’t seem worried either, judging by the 37.4% surge in the firm’s stock so far in 2019. The streaming provider is expected to have made $0.57 in earnings per share (EPS) in Q1, which would represent a decline of [..]

post-image

European Open Preview – Pound yawns as May survives; risk appetite shaky

Posted on January 17, 2019 at 8:45 am GMT

Theresa May survives the no-confidence vote, but sterling barely advances News the US will pursue a criminal case against Huawei are hurting sentiment Dollar extends gains versus euro as ECB officials sing a dovish tune May survives no-confidence vote, but sterling yawns Theresa May’s government survived the no-confidence motion in the House of Commons yesterday via a 325-306 vote, as was broadly expected. The Prime Minister immediately stated she will reach across the aisle and attempt to find common ground [..]

post-image

Stock Market News – Netflix releases earnings: subscriber growth and pricing strategy in focus

Posted on January 16, 2019 at 2:52 pm GMT

Netflix will release its earnings report for Q4 on Thursday, after Wall Street’s closing bell. Beyond the actual earnings numbers, markets will also dissect the firm’s subscriber growth to gauge its future prospects. The management’s guidance on that subject, as well as their expectations around revenues following the latest hike in monthly subscription charges, will be crucial for the stock’s reaction too. The subscription-based streaming provider is anticipated to have made $0.24 in earnings per share (EPS) during the final [..]

post-image

Technical Analysis – Netflix stock price loses momentum below “death cross”; medium-term sell-off in play

Posted on December 11, 2018 at 2:18 pm GMT

Netflix stock price bounced off the 298.00 resistance level on December 3 and retains bearish extension in medium-term. Technically, the indicators are endorsing this view in the short term. Attesting to this, the MACD has been declining and is approaching the trigger line, while the %K line of the stochastic oscillator is turning marginally higher above the oversold zone. More declines could turn traders’ attention towards the 253.00 support level again, identified by the recent lows. Slightly below this barrier, the [..]

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.