Signal Says Netflix Stock is Ready for More Records
NFLXNetflix(NFLX) Schaeffers Investment Research·2024-08-22 23:51

Netflix Inc (NASDAQ:NFLX) is flashing another historically bullish signal as the shares -- last seen fractionally higher at 697.16remainjustbelowtheirAug.20alltimehighof697.16 -- remain just below their Aug. 20 all-time high of 711.33, giving investors another chance to get in on the action.Netflix's recent peak comes amid historically low implied volatility (IV), which was a bullish combination in the past. According to Schaeffer's Senior Market Strategist Chris Prybal, there were six times in the past five years when NFLX was trading within 2% of ...