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Takip Edin: @UscMarketsNFLX Stock Forecast & Netflix Chart Analysis
This article provides a detailed analysis of NFLX-Netflix stock including a forecast for NFLX shares. It features Netflix, Inc. technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.
NFLX Historical Data Review
NFLX Current Price Performance Analysis
The Netflix - NFLX stock traded on the American stock market, on 06-05-2024, closed at 650.27$ with a %2.95 increased compared to the previous day.
In the last month, the price of NFLX changed by %8.93 increased in value, from 596.97 dollars on 05-06-2024 to 650.27 dollars, increased.
Last year, the price of NFLX was 399.29 dollars on 06-06-2023, and changed by %62.86 increased in value, to 650.27 dollars increased within a year.
The price of Netflix stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
NFLX with AI Stock Forecast & Price Target
On the NFLX chart Netflix price was recorded as 650.27 Dollars on 06/05/2024.
The artificial intelligence's forecast on NFLX stock is as follows.
The artificial intelligence's prediction error margin for NFLX stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Netflix stock over the next 4 months is: 918.2 Dollars.
The commentary on NFLX stock Target Price: Highest: 1078.026 Dollars is predicted.
The commentary on NFLX stock Target Price: Lowest: 687.054 Dollars is predicted.
Resistance Price where Netflix stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 10-03-2024 | 964.475 |
| 11-12-2024 | 1078.026 |
| 02-10-2025 | 1005.052 |
Support Price where Netflix stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 10-08-2024 | 964.456 |
| 01-16-2025 | 972.840 |
| 03-17-2025 | 855.470 |
The commentary on NFLX stock: The target price can generally be said to be on the rise.
The commentary on NFLX stock: Fluctuations in the target price can be expected in the coming days.
The target price for Netflix stock by the end of 2024 is predicted to be 986.655 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on NFLX stock, and the 2024 target price predictions for Netflix are detailed above.
The technical analysis and charts for the commentary on NFLX stock are below.
NFLX Support & Resistance and Trend Analysis
NFLX stock you have reviewed the technical analysis support resistance charts regarding.
NFLX : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the NFLX review, the Netflix support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Netflix Support and Resistance Prices:
| NFLX Support Level Price | NFLX Resistance Level Price |
|---|---|
| 445.73 | 482.70 |
| 461.86 | 500.89 |
| 475.26 | 579.64 |
| 542.01 | 593.77 |
| 549.00 | 627.41 |
| 592.00 | 638.00 |
| 601.59 | 639.00 |
| 626.44 | 664.25 |
NFLX Technical Analysis: SMA, RSI, MACD
Upon reviewing the NFLX chart, buy and sell signals have been generated in the Netflix technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for NFLX stock are as follows:- The technical analysis for NFLX indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Netflix indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Netflix stock: Click here to read more predictions on Bank of America stock.
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