Sell signal, week 3
Netflix drops 5.7% as money flow turns negative after 7 weeks
Our view last week
After last week's plunge, Netflix is catching its breath: the week closed down 0.9% with no new lows, boxed in between the daily Inversion Point average, in the 71.3 area, and the 30-day low, in the 70.1 area. Sellers still dominated the weekly bar, though, with buying below 25% of volume. Technical analysis of Netflix stock shows a sell signal in week 2 and price action that stays weak, yet opening a short here remains high-risk.
This week's summary
Money flow on Netflix has turned negative after 7 weeks above zero, and price went with it: down 5.7% on the week, a 5th straight decline and a fresh 30-day low. A week ago the stock looked to be catching its breath; now the decline is back in stride, while its reference sector is in a phase of strength. Technical analysis of Netflix stock shows a sell signal in observation, weak price action and the 90-week low close by: among US stocks, opening a short here remains high-risk.
Sell signal in observation
·3rd week from start
·US stocks
·T2
·📅 Earnings · Oct 20
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IQS Phase
75
in tension
Signal Strength
47
decline starting to make lower lows
Sizing
REDUCED
Ranking
#47 / 175
US stocks sell signals
Trade P&L %
+6.59%
from signal to date, no stop loss
Netflix (NFLX) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 47th among the 175 sell signals for US stocks in our ranking, with a signal strength of 47 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimein strong phase
Performanceweekly +1.80% · monthly +8.83%
NFLX belongs to the growth tech sector (reference ETF XLK). The sector is classified in strong phase according to our weekly reading.
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