Netflix Inc (NFLX) Down 0.57%; Pin Bar Pattern Appearing on Chart
The change in price came along side change in volume that was up 18.63% from previous day, but down 9.99% from the thursday of last week.
NFLX
(Last Updated February 24, 2021)
Hello! This is the news page for Netflix Inc. Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
If we observe the 90 and 30 day timeframes, we see an uptrend in place for NFLX.
NFLX Moving Averages
Nuances in the trend on NFLX can be understood by observing the behavior of its moving averages. Out of the moving averages we’re monitoring (20, 50, 100, and 200 days), all but the 20 are bullish, implying a upward trend, aside from a drop about 3 weeks prior.
The chart below illustrates.
Netflix Inc (NFLX) Moves Down For the 2nd Consecutive Day; Pin Bar Pattern Appearing on Chart
This move happened on lower volume, as yesterday’s volume was down 18.63% from the day before — and down 30.08% from the same day the week before.
Netflix Inc (NFLX) 2 Day Up Streak Ended
Movie theaters won't last, between covid and all these streaming online services people would rather watch movies from home with their familys.
Netflix Inc (NFLX) Up 2.93%, Breaks Above 20 Day Average; Pin Bar Pattern Appearing on Chart
This is the 3rd consecutive hour nflx has seen its price head down.
Netflix Inc (NFLX) Moves Down For the 3rd Consecutive Day
Hold this for your dear life, will make us 5-10x easy this year.
Netflix (NFLX) Price Near $579.56; Heads Down For the 2nd Straight Day, Price Base in Formation Over Past 30 Days, Pin Bar Pattern Appearing on Chart
Price action traders in particular will want to note that the 30 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
Netflix (NFLX) Closes Prior Hour Down -0.01%; Price Base in Formation Over Past 30 Days, Heads Down For the 2nd Straight Day, Pin Bar Pattern Appearing on Chart
This is the 3rd hour in a row netflix has seen its price head down.
Netflix (NFLX) Closes Prior Hour Down -0.37%; Heads Down For the 2nd Consecutive Day
As for how volume fared, yesterday’s volume was up 54.27% from the previous day (monday), and up 9.08% from tuesday of the week before.
Netflix (NFLX) Closes Last Hour Down $-1.18; Breaks Above 50 and 100 Day Averages, 3 Day Down Streak Ended, Pin Bar Pattern Appearing on Chart
Pi is pretty much a new cryptocurrency developed by standard phds and will be going public soon.
Netflix (NFLX) Price Near $520.83; Heads Down For the 2nd Consecutive Day, Price Base in Formation Over Past 14 and 90 Days, is Inching Close to 20 Day Average
Also of note is that on the 14 and 90 day bases price appears to be forming a base — which could the stage for it being a support/resistance level going forward.