Jan. 30 at 4:05 AM
$NFLX NFLX appears to be rallying within a longer-term bearish trend, driving its MACD above the signal line. However, shares remain below a declining 200-day moving average, signifying that the dominant trend remains lower. Comparative Relative Strength analysis shows that this issue is lagging the S&P 500.
Momentum for NFLX is strongly bearish. The 14-period Slow Stochastic Oscillator is falling, as investors sell shares and drive the price lower.
Volatility. Bollinger Bands® use standard deviation of the closing price around a moving average to measure volatility. The Bollinger Bands® are presently wider than usual, as a result of greater than normal volatility that accompanied the recent price move. Events such as this may precede a pause or reversal in the near term trend.
Volume. Today, 42,278,102 shares of NFLX traded hands,.The On Balance Volume indicator (OBV) is bearish. The slope of the indicator is negative and suggests that there is a lack of buying interest.
