187.1600
Change
1.0600
Change %
0.5696%
Open
186.1000
Close
185.5200
High
188.6899
Low
185.4100
Netflix nears current support - Analysis - 11-08-2017
2017-08-11 12:21:44 GMT (Economies.com)
Netflix nears current support - Analysis - 11-08-2017
 

Netflix's stock (NFLX) fell in the intraday levels, recording a new loss of 3.78% in the last session, or 6.64 points, while nearing the important support of 166.87, coinciding with leaning on the support of the 50-day SMA, noting that relative power indicators reached extremely oversold levels compared to the stock's movement, while trading alongside the main upward medium-term trend line. 

 

Therefore we expect the stock to return higher, provided the support of 166.87 holds on, targeting the resistance of 188.03. 

 
 
 
  Symbol Last Change Chg.%
1.1777
0.0011
0.0901%
1.3368
-0.0015
0.1084%
15.908
0.055
0.347%
56.870
-0.455
0.794%
62.60
-0.74
1.17%
1248.555
0.205
0.016%
 
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