• Netflix (NFLX) Surges Amid Bullish Outlook: Short-Term Rise and Positive Long-Term Forecast

  • Nov 14 2024
  • Length: 3 mins
  • Podcast

Netflix (NFLX) Surges Amid Bullish Outlook: Short-Term Rise and Positive Long-Term Forecast

Listen for free

View show details

  • Summary

  • **Netflix (NFLX) Analysis:**

    1. **Current Price and Intraday Trading Range:**
    - The current price of Netflix (NFLX) is $830.47 as of November 13, 2024[3].
    - The intraday trading range for November 13, 2024, is not provided in the given sources, but historical data shows significant daily movements, such as a $13.78 range on June 28, 2024[3].

    2. **Pre-market and After-hours Movement:**
    - No specific pre-market and after-hours data are provided for November 13, 2024, in the given sources.

    3. **Trading Volume vs Average:**
    - Historical data shows varying trading volumes, with 2.364M shares traded on November 11, 2024, and 3.295M shares on November 7, 2024[2].

    4. **Recent News or Announcements:**
    - No recent news or announcements are mentioned in the provided sources for the last 24 hours.

    5. **Major Analyst Updates or Price Target Changes:**
    - No specific analyst updates or price target changes are mentioned in the provided sources.

    6. **Options Flow Activity:**
    - No information on options flow activity is provided in the given sources.

    7. **Related Semiconductor/AI Sector News:**
    - No related semiconductor/AI sector news affecting Netflix is mentioned in the provided sources.

    8. **Key Technical Indicators for Day Trading:**
    - **Short-term forecast:** The stock is expected to rise 14.22% in the next 3 months, with a 90% probability of holding a price between $694.07 and $791.60[3].
    - **Moving Averages:** There is a buy signal from the long-term average, with the short-term average above the long-term average[3].
    - **Support Levels:** The stock finds support at $610.56 and $555.04[3].
    - **Volatility:** The stock has average movements during the day and good trading volume, indicating medium risk[3].
    - **Fear & Greed Index:** The index shows 39 (Fear), but the sentiment is bullish, with 67% green days over the last 30 days[5].
    - **Price Prediction:** The stock is predicted to reach $907.27 by December 14, 2024, a 9.25% increase[5].

    **Market Sentiment:**
    - The overall sentiment is bullish, with a strong rising trend in the short term and a positive forecast for the next 3 months[3][5].
    Show More Show Less
Show More Show Less

What listeners say about Netflix (NFLX) Surges Amid Bullish Outlook: Short-Term Rise and Positive Long-Term Forecast

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com.au reviews

Amazon Reviews
No Reviews are Available
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.