Get started

NFLX

Netflix (NFLX) Stock Hits Another All-Time HighNetflix (NFLX) Stock Hits Another All-Time High The daily chart for Netflix (NFLX) shows that its price has risen by more than 10% since the start of November, setting a series of new all-time highs. Today, Netflix's stock price is trading above $830. The bullish momentum is attributed to several factors, including stronger-than-expected Q3 earnings: → Earnings per share (EPS): Actual = $5.40, Expectations = $5.11; → Revenue: Actual = $9.82 billion, Expectations = $9.11 billion; → Monthly active users: Reached 70 million. Additionally, as reported by Benzinga, investor optimism has been bolstered by expectations that Donald Trump’s pro-business tax-cut policies could increase consumer spending, particularly in discretionary sectors like streaming video. Technical Analysis of NFLX Stock The daily chart indicates that Netflix's price has been trading within an upward channel (blue) throughout 2024. However, strong bullish sentiment has pushed the price beyond the channel's upper boundary. This allows analysts to: → Construct a parallel channel of the same width above the initial one; → Build a steeper channel (black lines). The price is now in a resistance zone (marked with a red circle), formed by: → The upper boundary of the new channel; → The upper black trendline. These observations suggest the possibility of a correction after the explosive rally. The RSI indicator, which has reached its highest levels since January, supports this view. If a correction occurs, the price could test the psychological level of $800. Analyst Predictions Analysts continue to raise their price targets for NFLX. According to TipRanks: → Out of 36 ratings, 24 analysts recommend buying NFLX shares, while 2 suggest selling; → The average 12-month price target for NFLX is now $925, compared to $720 during the previous analysis on 10 October. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:NFLX
by FXOpen
3
Netflix - This Is A 100% Probability Setup!Netflix ( NASDAQ:NFLX ) will continue its parabolic rally: Click chart above to see the detailed analysis👆🏻 With this monthly candle, Netflix finally broke above the previous all time high and it about to continue the reversal triangle pattern cycle. We saw the same breakout back in 2013, when Netflix broke above the all time high and then started an even stronger rally of about +50%. Levels to watch: $750, $1.000 Keep your long term vision, Philip (BasicTrading)
NASDAQ:NFLXLong
by basictradingtv
28
NETFLIX’s Next Big Move: Massive Breakout Imminent?Technical Analysis: NFLX (Netflix), on the 15-minute time frame, has set up a long trade with a strong entry at $744.60, supported by good volume. The breakout occurred above a consolidation phase, indicating market interest in a bullish move. The price action is holding above the entry level, and the Risological Dotted Trendline is trending upward, providing a strong support foundation for the trade. This long setup points to a potential bullish continuation as Netflix approaches the following targets. Key Levels: Entry: $744.60 Stop Loss (SL): $715.10 Target 1 (TP1): $781.07 Target 2 (TP2): $840.08 Target 3 (TP3): $899.09 Target 4 (TP4): $935.56 Observations: The breakout was backed by strong volume, reflecting confidence from the bulls. Price is consolidating near TP1, suggesting momentum is building for further upside. The Risological Dotted Trendline is trending upwards, giving strong support around $744, ensuring the trend stays intact. Outlook: Netflix's long trade setup shows strong potential for upward movement. With the support of the Risological Dotted Trendline and high volume backing, this trade is well-positioned to meet its targets. Watch for any pullback near $740, which could present another opportunity to re-enter or add to positions.
NASDAQ:NFLXLong
by ProfitsNinja
Netflix (NFLX) Shares Hit Record High in Aggressive MoveNetflix (NFLX) Shares Hit Record High in Aggressive Move Netflix (NFLX) shares reached a record high in a dynamic move. As shown in Netflix's stock chart, the price hit an all-time peak, with Friday’s candle closing above $760. This follows an aggressive rebound, given that on Thursday, the price had fallen below the psychological level of $700. This sharp move created a significant bullish gap, with the difference between Thursday’s and Friday’s closing prices exceeding 11%. The catalyst for this surge in volatility was the release of Netflix's strong third-quarter results: → Earnings per share: Actual = $5.40, Expected = $5.11; → Gross revenue: Actual = $9.82 billion, Expected = $9.77 billion. Netflix also forecast a 15% growth in Q4 2024; → Free cash flow increased from $1.213 billion in Q2 to $2.194 billion in Q3. A technical analysis of Netflix's stock shows a steady upward channel throughout 2024 (depicted in blue). Thursday's drop (marked with an arrow) appears to have been a bear trap, as the chart demonstrates the potential risk of short positions, which were anticipating a drop below the $700 mark into the lower half of the upward channel. It is notable that NFLX has now reached the upper boundary of this channel. This may prompt investors to lock in profits, potentially slowing the bullish momentum seen late last week. If a correction occurs, potential support could be found at: → Psychological levels of $725 and $750; → The mid-line dividing the upper half of the channel into two quarters (indicated by dotted lines). This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:NFLX
by FXOpen
1
NETFLIX Earnings is setting it up for $840.Netflix (NFLX) is already one of the big winners of the earnings season as it announced Q3 results that exceeded expectations and saw the price up by more than +11.00% on Friday. Even technically that is a big win as the rebound came from a Thursday test of the 1D MA50 (blue trend-line), the first in 2 months (since August 14). The stock has been trading within a Channel Up for a whole year (since the October 18 2023 Low) and now has the perfect fundamental excuse to aim higher. The 1D RSI shows a similar pattern so all previous bottoms with the Channel Up (Aug 05 2024, April 22 2024, January 17 2024, October 18 2023) so either a 3.0 Fibonacci extension or a +25% rise is expected. This time both happen to be just over $840.00, so we can claim that this is a reasonable target to aim for during this Bullish Leg. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NFLXLong
by TradingShot
Stan Weinstein Theory on NetflixThe 4 Market Phases Stan Weinstein describes the evolution of stocks in four main phases: - Phase 1: Accumulation The market is flat after a prolonged decline. Smart investors start buying. - Phase 2: Uptrend The price breaks a key level and rises above the 30-week moving average, which is rising. This is the ideal phase to buy. - Phase 3: Distribution The market stabilizes after a rise. Big investors sell, and the moving average stabilizes. This is the beginning of the end of the uptrend. - Phase 4: Downtrend The price breaks a key support, the moving average goes down. Avoid buying or selling to limit losses. Key Indicators 30-week moving average: In an uptrend, the price is above. In a downtrend, it is below. Volume: Increasing volume during breakouts confirms the strength of the trend. Weinstein advises buying early in Phase 2 and selling early in Phase 4 to follow major market trends. Analysis made in collaboration with @Yannick1961
NASDAQ:NFLXLong
by DL_INVEST
Netflix - Bullish Move Of +50% Ahead!Netflix ( NASDAQ:NFLX ) is trading at an important breakout level: Click chart above to see the detailed analysis👆🏻 Netflix is just another one of these stocks which is perfectly following cycles and market structure. After the recent drop of about -80%, Netflix perfectly tested the bottom of the reverse triangle pattern, created bullish confirmation and took off towards the upside. Levels to watch: $700, $1.000 Keep your long term vision, Philip (BasicTrading)
NASDAQ:NFLXLong
by basictradingtv
6
TSLA Best Level to BUY/HOLD 30% gains ABCD fractal🔸Hello traders, today let's review 4hour price chart for TSLA. Recently we gapped down back into trading range, based on previous update I still maintain neutral outlook until we complete the re-accumulation structure, details see idea below. 🔸Having said that I'm expecting a decent 30% bounce in TSLA based on the ABCD price fractal. ABCD fractal from 2023 projected into the current market structure, point D expected near 188 usd timewise most likely December/January. This will be a good reload for the bulls. 🔸Recommended strategy bulls: Bulls wait for pullback to complete near 188 / point D and BUY/hold for a 30% bounce play. Exit/TP at 250 USD. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
NASDAQ:TSLALong
by ProjectSyndicate
8
The Netflix (NFLX) Share Price Has Reached an All-Time HighThe Netflix (NFLX) Share Price Has Reached an All-Time High As shown in the daily chart for Netflix (NFLX), during yesterday’s trading session, the price exceeded $725, marking a new all-time high. The bullish sentiment is driven by the upcoming release of the third-quarter earnings report, scheduled for 17 October. According to Zacks analysts' forecasts: → earnings per share are expected to reach $5.07, up 35.92% compared to the same quarter last year; → gross revenue is forecast to be $9.76 billion, an increase of 14.31% year-on-year. A technical analysis of Netflix’s (NFLX) daily chart indicates that the price is moving within an upward channel (shown in blue), which has been in play since the start of 2024. Specifically: → the price made a convincing recovery after the stock market’s panic-driven decline on 5 August; → the median line acted as support (indicated by an arrow); → since mid-September, the price has remained in the upper quarter of the blue channel; → while the psychological level of $700 showed resistance in late August, the NFLX price is now firmly holding above it. These observations suggest strong buying pressure for NFLX shares. However, the current situation could be disrupted by the earnings release. What if the actual figures fall short of market expectations? In that case, a significant correction is possible – perhaps down to the channel's median line. In the meantime, analysts maintain a cautiously optimistic outlook. According to TipRanks, out of 37 ratings, 25 analysts recommend buying NFLX shares, while 2 suggest selling. The average price target for NFLX is $720 over the next 12 months. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:NFLX
by FXOpen
1
NETFLIX starting the 2nd bullish leg of its expansion phase.Netflix (NFLX) has been consolidating above the 1D MA50 (blue trend-line) since the August 20 High and is on the exact same level where during all previous Bullish Legs of the 2-year Channel Up, it ended the consolidation and moved to the 2nd rally of the expansion phase. This is also evident on the 1D RSI, which is about to start a Channel Down that in previous Legs it moved parallel with the price's 2nd rally. Our Target is $900.00 representing a +70.48% rise from April's low, which is the smallest rally recorded within the 2-year Channel Up, thus the more realistic target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NFLXLong
by TradingShot
Market 101:From the Drama King VIX to the Steady Eddie UtilitiesVolatility Index (VIX) - The Drama King Let’s kick things off with the Volatility Index, aka the market’s drama king. It’s like that one friend who always makes a big deal out of nothing—spiking dramatically whenever the market so much as sneezes. Recently, it shot up faster than a caffeine-fueled trader on Monday morning, but now it’s calming down a bit, hovering around 20.73. Keep an eye on this guy—he’s always a sign of market anxiety like I said, the the fear gauge. If he starts climbing again, it might be time to batten down the hatches. Utilities Sector (XLU) - The Steady Eddie Moving on to the Utilities sector, which is the market’s equivalent of your reliable, always-on-time friend. XLU has been climbing steadily, but just like every other reliable person, it needs a break sometimes. It’s currently chilling around 76.20, looking like it’s taking a well-deserved breather. Nothing too exciting here, but that’s exactly what you want from Utilities—slow and steady wins the race. ARK Innovation ETF (ARKK) - The Wild Child Now, let’s talk about ARKK—Cathie Wood’s wild child. This chart is like a rollercoaster at an amusement park: up, down, up, down, and sometimes you’re not sure if you should scream or cheer. After some wild moves, ARKK is sitting around 42.98, but don’t be surprised if it decides to take another loop-de-loop soon. Just remember to strap in and hold on tight. Technology Sector (XLK) - The Overachiever Next up, the Technology sector, which has been the market’s overachiever for quite some time. XLK had been climbing like it’s trying to win the market’s gold star, but recently it’s hit a bit of a speed bump, pulling back to 210.28. No worries though—this sector is like that student who’s always doing extra credit. It’ll likely bounce back in no time, probably while giving the rest of the market a lesson in resilience. Consumer Discretionary Sector (XLY) - The Big Spender Finally, we’ve got the Consumer Discretionary sector, which is the market’s big spender. XLY has been on a shopping spree, but it looks like it might be hitting the credit limit soon. The chart shows some clear support around 184.61, but if it breaks below this, we might see some belt-tightening ahead. Keep an eye on it—everyone loves a spender until the bill comes due. Summary: From the dramatic spikes of the VIX to the steady climb of Utilities, each of these charts has its own personality. Whether you’re dealing with the rollercoaster that is ARKK or the disciplined overachiever in Technology, there’s always something to learn from the market’s diverse cast of characters. Stay sharp, keep your sense of humour and energy, and remember: in the markets, as in life, it’s all about balance.
SP:SPX
by Deno_Trading
Netflix Stock Gains as Evercore ISI Raises TargetNetflix Inc. (NASDAQ: NASDAQ:NFLX ) continues to capture the spotlight in the investment world, with Evercore ISI raising its price target from $710 to $750. The decision to increase the target stems from robust survey results and an optimistic outlook for the streaming giant, reaffirming Netflix's position as a dominant player in the entertainment industry. Strength and Growth Potential Evercore ISI’s decision is underpinned by comprehensive research, including detailed surveys conducted in the U.S. and Mexico. The results reveal that Netflix's core metrics—content selection, customer satisfaction, and churn rates—remain stable and strong. In Mexico, Netflix boasts an impressive 83% satisfaction rate, a testament to the platform's ability to deliver consistent, high-quality content. Moreover, Netflix (NASDAQ: NASDAQ:NFLX ) is expanding its competitive lead over other streaming platforms. Evercore ISI emphasizes that the quality of Netflix's content is a significant factor driving its continued dominance. The firm’s surveys indicate that subscribers are particularly excited about upcoming content, such as "Squid Game II," which is expected to further enhance Netflix’s appeal. The firm also highlights Netflix's foray into live events and gaming as key growth areas. With 60% of subscribers likely to remain loyal if more live content, like sports and stand-up comedy, is introduced, and 47% of U.S. subscribers already engaging with gaming offerings, Netflix is well-positioned to tap into these emerging markets. A Bullish Yet Cautious Outlook On the technical front, Netflix (NASDAQ: NASDAQ:NFLX ) shares are up 1.28% at the time of writing, continuing its upward trajectory. The Relative Strength Index (RSI) is at 68, nearing the overbought territory. This suggests that while the stock has been on a steady rise, investors should exercise caution, as the momentum could reverse if bearish forces gain strength. The stock has seen modest gains each day, pushing it closer to new highs. However, if the bullish momentum wanes, Netflix (NASDAQ: NASDAQ:NFLX ) could face a critical test of support. The major support level identified on April 19th, 2024, could serve as a key indicator of the stock’s direction. A break below this support might signal a potential correction, so traders should keep a close eye on this level. Conclusion: A Strong Buy with Caution Evercore ISI’s increased price target reflects a strong confidence in Netflix's fundamental and competitive position. The company's ability to consistently deliver high-quality content, coupled with its expansion into new areas like live events and gaming, positions it for continued growth. However, with the RSI approaching overbought levels, investors should remain vigilant for any signs of a potential pullback.
NASDAQ:NFLXLong
by DEXWireNews
Netflix Shares Hit an All-time High Tuesday On Strong Ad SalesKey Takeaways: - Netflix shares hit an all-time high on the back of a significant increase in upfront ad sales. - The company reported a 150% surge in advertising commitments compared to 2023. - Strategic moves in content, technology, and live events have bolstered investor confidence. Netflix ( NASDAQ:NFLX ), the streaming giant that once dominated the entertainment landscape through its pioneering subscription model, has now reached a new pinnacle in its market journey. On Tuesday, Netflix's shares soared to a record high, closing at $696.59 after touching an all-time high of $711.33 earlier in the day. This surge follows the company's impressive report of a substantial increase in upfront ad sales commitments, signaling a major shift in its business strategy. A New Era of Advertising Success Netflix's success in the advertising arena marks a significant turning point. The company announced that it had secured more than a 150% increase in upfront ad sales commitments over 2023, closing deals with all major holding companies and independent agencies. These partnerships are not just for any content, but for some of Netflix’s most anticipated upcoming releases, including global hits like "Squid Game," fan-favorite series "Outer Banks," and the much-anticipated "Happy Gilmore 2." Moreover, Netflix is tapping into the lucrative live event market, securing deals for high-profile broadcasts such as Christmas Day NFL games and "WWE Raw." This strong performance in ad sales reflects Netflix's strategic decision to evolve beyond its traditional subscription model. For years, Netflix resisted the idea of incorporating ads into its platform, fearing it might alienate its user base. However, in an increasingly competitive streaming landscape, the company’s pivot to an ad-supported tier has proven to be a game-changer. This move not only attracted a new segment of budget-conscious consumers but also opened a new revenue stream that investors are now enthusiastically embracing. Strategic Shifts Bolster Investor Confidence Netflix’s surge in stock price is not solely due to its advertising success. The company has also been making strategic shifts to enhance profitability and sustain growth. These include cracking down on account sharing, which has long been a drain on potential revenue. By introducing stricter controls on password sharing, Netflix has effectively compelled many users to convert to paying subscribers, boosting its subscriber base and revenue. In addition, Netflix has been judicious in its content spending, focusing on producing hits that resonate with global audiences. The success of series like "Bridgerton," surprise hits like "Baby Reindeer," and the French movie "Under Paris" underscore Netflix’s ability to create content that not only captures viewers’ attention but also drives subscriber growth. Moreover, Netflix’s expansion into live events and sports broadcasting represents another avenue for growth. Live content is a highly sought-after commodity in the streaming world, and Netflix’s foray into this space with events like NFL games indicates its intent to compete on multiple fronts. Financial Turnaround and Market Position The financial landscape for Netflix has dramatically improved over the past few years. Once criticized for its heavy spending and negative free cash flow, Netflix has now become a model of profitability. The company’s disciplined approach to content spending, coupled with its new revenue streams from advertising and live events, has alleviated investor concerns about its financial health. Netflix’s stock, which at one point had lost more than 75% of its value from its 2021 peak, has since rebounded, quadrupling in value. This remarkable turnaround is a testament to the company’s successful adaptation to market challenges and its ability to innovate within a highly competitive industry. As of this year, Netflix shares have risen by 44%, far outpacing its competitors. While Disney, Warner Bros Discovery, and Paramount Global have struggled with declining stock prices, Netflix has solidified its position as a leader in the streaming industry. The company’s price-to-earnings ratio, now at 32 times estimated earnings, is significantly lower than its 10-year average, reflecting improved investor sentiment and confidence in its long-term strategy. Technical Outlook At the present time, Netflix stock ( NASDAQ:NFLX ) has experienced a 1.33% increase and is trading within the overbought region, displaying a Relative Strength Index (RSI) of 72 subsequent to reaching a historic peak. Despite the exuberance surrounding the all-time high, traders are advised to exercise vigilance. Notably, Netflix stock ( NASDAQ:NFLX ) is overbought, and any potential reversal in trend could precipitate a decline to the 1-month low, which in turn may result in the breach of the structure established in proximity to the 100-day Moving Average. Conclusion Netflix’s recent achievements highlight the company’s ability to evolve and adapt in a rapidly changing entertainment landscape. By embracing advertising, cracking down on account sharing, and expanding into live events, Netflix has not only bolstered its financial performance but also reinvigorated investor confidence. As the company continues to refine its strategy, it appears well-positioned to maintain its leadership in the streaming industry and continue delivering value to its shareholders.
NASDAQ:NFLXLong
by DEXWireNews
Netflix (NFLX) Shares Reach a Two-Month HighNetflix (NFLX) Shares Reach a Two-Month High As shown on the daily chart of Netflix (NFLX) shares, the price surpassed the July 19 peak around $677 on Friday but closed well below the day’s highs. Notably: → Since August 5, Netflix (NFLX) has outperformed stock indices; → The stock has risen by about 15% from the August 5 close. Will the rally continue? Bullish argument: → Analysts expect an improvement in the company’s fundamentals following enhancements to its business model. According to Zacks, Netflix might report earnings of $5.07 per share for the current quarter, representing a year-on-year increase of +35.9%. The Zacks consensus estimate has risen by +7.9% over the past 30 days. Bearish argument: According to SEC filings, Netflix’s Chief Legal Officer sold $7 million worth of shares. Could this sale be motivated by insider information that might lead to a decline in the stock price? Technical analysis of the Netflix (NFLX) daily chart indicates that the price is moving within an ascending channel (shown in blue), and the sharp rise from the August 5 low has pushed the RSI indicator from the oversold zone to the brink of the overbought zone. However, resistance levels have come into focus: → The median of the ascending channel; → The peak around $697; → The psychological resistance around $700. Given Friday’s weak close and the sharp rise over the past two weeks, it’s reasonable to suggest that Netflix (NFLX) shares are vulnerable to a correction. The average price forecast for Netflix (NFLX) is $704.94 over the next 12 months (according to a survey of analysts conducted by TipRanks). This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:NFLX
by FXOpen
2
NFLX / NETFLIXMarket Insight: NFLX (Netflix, Inc.) Our predictions have highlighted key moments for investors: • First Green Line (August 12th, 2024): A potential buying opportunity, as market conditions stabilize. • First Red Line (October 28th, 2024): Consider taking profits or reducing exposure before possible market downturns. • Second Green Line (January 6th, 2025): A favorable time to re-enter or increase positions, with market optimism on the rise. • Second Red Line (April 14th, 2025): Another signal to safeguard your investments, preparing for possible volatility. These points serve as guiding lights, helping navigate the financial journey with both wisdom and discernment.
NASDAQ:NFLX
by trushkovskiy