(Finance) – The stock is moving substantially higher Netflix with a +0.18% finding support from analysts.
Seaport Research Partners upgraded the streaming giant to “buy” from “neutral” previously.
The progress of company active in the video on demand sector in the week, compared toS&P 100detects a lower relative strength of the stock, which could become prey to sellers ready to take advantage of potential weaknesses.
The medium-term scenario of Netflix confirms the negative trend of the curve. However, the analysis of the short-term chart highlights an easing of the bearish phase preparatory to a rise towards the first resistance area seen at 863.2 USD. Support at 842.1. Any positive elements support the achievement of a new top seen in the 884.3 area.